Quote:
Originally Posted by TheDaddy
There is no grey area, .
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Of course there is ,tax law is absolutely awash with grey areas, that's how these tax avoidance schemes come about in the first place,they utilise grey areas to avoid paying tax ,HMRC have to spend an awful lot of time and money trying to decide if a company is taking the mick or acting within the law .Companies have an obligation to minimise there tax liability as long as it's done within the law ,the problem is that sometimes the law is as clear as mud