Paradise Papers

How can you choose where your pension fund is invested unless it is a SIPP? or you are drawing income from self-invested savings over the years?

Primrose, I know where my pension funds are invested, thank you.
It doesn't matter if they are invested in overseas territories; what matters is if they are not in taxfree juristictions. There is a difference.
Mine are not invested in any companies that sell tobacco or are cruel to animals, and lots of other environmental considerations.
There are lots of ethical funds you can find.

The technique works, jura. You can tell by some of the threads on here.

Has anyone here had a look at how their pension funds invest to see if they use any offshore vehicles or trusts? I know the MPs pension fund holds money offshore, I would imagine it's commonplace.

... so 'it' doesn't work

The technique is brilliant:

defund the service so he doesn't work- keep undermining it to make sure it doesn't recover- so people who need the service get angry and desperate. Then give them access to private services via the back door- subsidised - show them 'solutions' and then bingo - you can privatise without too much fuss- as you can show that the old service does not work. Then rake in the money - it is totally brilliant (for some, the very few).

Now pardon my cynism here- could it be because it is their plan to destroy the Health Service (to replace it with private insurance from which they will be the beneficiaries/and/or a sell out to USA to get a business deal back.

Have read Chomsky's perfect description oh how to destroy a public service- to facilitate the take-over. It is amazingly simple. And it works.

fullfact.org/economy/tax-gap/

It doesn't matter who is right or wrong on the tax gap; there is enough money to be collected to fund the NHS properly, so why isn't HMRC collecting it?

Only a source of pride to those who can afford private health, private education and choose to live elsewhere if they don’t like the way this country is going. Most of us do not have that choice.

www.taxresearch.org.uk/Blog/2017/11/10/what-about-the-workers-is-no-defence-for-tax-havens/

Maizie, some Brits must approve of tax havens; otherwise most of them wouldn't be British.
The fact that our low corporation tax is going to be even lower and the lowest in the world soon seems to be a source of pride for some Brits.

Yes, I know, but I was just pointing out that 38 degrees is UK based, possibly there are more people signing that one, not that the Brits really approve of tax havens

This is how false assumptions arise.

They can sign both, like some on here have, Jalima.

Avaaz has 45 million members worldwide. They send petitions out to 10,000 and hope that social media does the rest.
It obviously has in this case. Over half a million for any petition is quite amazing.

Perhaps they are signing the 38 degrees one

That is the one that pops into my inbox.

535,000 now.
Very few Brits seem to be signing compared with other European countries.

Do the Brits really approve of tax havens or does Avaaz just not have such a big reach in the UK?

It will be half a million before I go to bed. It's Question Time tonight.
I hope Gordon Brown is going to have help, carrying all those signatures.
He tried to get it stopped when he was chair of the G20. Just shows how powerful the rich are.

It's very soothing, watching those names click up! 380,000 now!

350,000 now. A lot more than the 38 degrees one. That's only got 122,000.

moi aussi, bien sûr

French Polynesia.
My grandson would love this game, trying to recognise all the flags. I'll try and remember tomorrow.

Good.

Just seen the first Mexican and Russian signatures. Loads from Germany and Switzerland.

And me.

I've signed the petition, dj

315,000 signatures and rising by the second...

Another ten thousand in fifteen minutes.