Tax Havens

I like the one about Atos. He'd have to lose his job first, but that should be easy.

www.debbieabrahams.org.uk/2016/the-panama-papers-more-evidence-of-a-them-us-world

The government needs to put more money into HMRC staffing.
Will it? I'd like a u-turn on that.
They'll spin it as helping the employment figures, even though they got rid of 6000 staff between 2013 and 2015.

Well folks our morally upstanding I believe in absolute fairness leader is going to publish his tax returns for total transparency. Didn't he promise that once before? Still waiting.

Over to you now Gideon - how is your off shore nice little earner doing?

Some idiot on the radio is still claiming that we are still all in this together, and that the rich still pay relatively more tax. Where do they find these people?

This is a good exercise in watching the filthy rich now trying to put the lid which has slipped a little, back on. They usually find it easy to shut the rest of us up.

Surely he will not hang on after the annual Tory party conference . He will stand down before so the new leader can take centre stage

He will go immediately if he looses referendum

That's enough to make many vote out , Sod Europe, let's get shot of this crooked, lying , PM

It is the lies and denial that make his PMship so arrogant and imo untenable.

Cameron's a dead duck. The Tory party will make sure of that. Almost certainly Gideon will go with him, as they are like tweedledee and tweedledum.

Mays very quiet - playing a good game - she hopes!

I am reminded of something Nye Bevan said about the Tory party , how it's like a rosy apple on a tree, tempting to pick and eat, but inside is a worm eating it's way through until the rotting Apple falls from the tree

Totally agree Penstemmon

Just seen this on another social media site.

A level political science question.

Q. What size is the tip of the iceberg?

A. £30000

I'm waiting for the gaff to be blown on Corbyns Post Office account.
Come on Jeremy tell us where that £15 came from.

Another media comment.

The other thing being talked about is how the chickens are coming home to roost and all the sleeze and flashman tactics employed by this PM and cohorts is coming back in spadefulls

It cost £40-50,000 to move the Blairmore business from Panama to Ireland. Actually, that was just for the advice - another £10,000+ for the move - so there are many more revelations to come about Blairmore.
I know he was doing it as a business, but they must all have known as it was in the prospectus.
So who else benefited?

This is just getting seedier with each day. How can this government can make youngsters homeless, take mobility allowance away from those who depend on it, make people pay bedroom tax , and receive money from tax dodgers and dodge tax themselves ,

"He has admitted lying to the public about money he gained by holding shares in one of the firms his father ran, based in a tax haven to avoid paying UK tax. But Ian Cameron apparently had more than one firm based in a tax haven, and took legal advice on which were the best tax havens to use, so David’s claim that Panama-based Blairmore was a company for people who wanted to invest in dollar-denominated shares doesn’t have substance.

They could have done that from the UK.

Claims by supporters – such as Anna Soubry on the BBC’s Question Time – that Ian Cameron’s behaviour was not illegal are also pointless. David Cameron made a very clear statement that he considered tax avoidance to be “immoral” in 2012. Now we know that he profited from at least one such “immoral” scheme. And from how many more, about which we may still know nothing?

Incidentally, the reason avoidance schemes remain legal is simple: The super-rich and politicians make sure of it. It’s their own little playground because only the super-rich have access to such schemes."

From an article on Voxpolitical.

The final paragraph says it all.

There is a gathering starting at Downing Street tomorrow, finishing when he resigns.

Philip Hammond not answering questions now. He does not know what Cameron has said yet, so cannot comment..

A tax haven expert, who has written books about it, has said that Panama has always been known as one of the sleaziest jurisdictions.

Surely he will have to go

While non of us are experts ( presumably)about tax havens/offshore accounts, and know that dictators/ shysters/ criminals use some firms as money laundering outlets, what others ( with money to invest) do is not illegal and not tax avoidance either, just a way of investing, many pension schemes have also invested in this way.They DO pay tax on them when the shares are sold, just as a house abroad bought as an investment will pay capital gains tax when sold.There is a big difference in these kind of financial dealings.

Just to add, politicians have to show transparency in all their dealings and I believe Cameron has been badly advised, there has been nothing illegal going on, but he if had shares then he should have said so directly.

I thought he'd sold them 6 years ago. Doesn't have any offshore now.

What puzzles me is this. After Tony Benn died it was discovered that he had gone to an inordinate amount of trouble to avoid as much as possible any inheritance tax that would have reduced the amount he was able to leave, nearly all of which was to his children! Nothing much to the labour party or good causes!! While this of course was his business, and he did nothing illegal, why is it that there was not a murmur of disapproval from the party or from left wing people on here?! David Camerons late father did roughly the same and also did nothing illegal, but is being portrayed as more wicked than Lucifer himself. Can anyone explain why it was ok for Tony Benn to avoid tax to enhance his children, but not ok for David Cameron's father?!

I haven't lost confidence in the PM or HMG over this tax haven business, as I had none to begin with.

I think Tax avoidance has been going on for years on all sides of the H's of C! and the H of L's. D.C' isn't the only politician to have a prudent father!!!