Quote:
Originally Posted by Neil
It's not that simple. These media types are companies. When you book one you pay their company and they send him/her along to do what ever. When the person is paid they are taxed but the fiddle is how the company avoid paying the tax. The company will own the persons assets like houses and vehicles and clothing needed to perform etc. They will probably earn as small a wage as possible to keep personal tax low, everything else will be paid for and owned by the company.
Thats how I think it works ish anyway
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This one of the loophole schemes that the BBC coerced their TV presenters to join.
Please don't tell me it is beyond the imagination of those in government financial circles to figure out a way to knock this on the head, because I do not believe it for a second.
If the appetite was there to sort it out, it would get sorted out...but it isn't because many who are now slating other people for
legal tax avoidance are doing the same things themselves...OK the format may be just a bit different...but the effects are the same....and it has been going on for decades......with successive governments doing nothing...so in effect, condoning the situation but without actually saying so.
As I say....the tax laws are weighted in favour of the rich and at the expense of those who don't get to see their apple until the tax man has had his bite first.
Another thing, HMRC can get
their sums wrong leaving you with a whacking bill which is not your fault, but they want payment right away....no time to pay. I know this to be true because it has happened to a family member...they supplied all the information correctly and on time.
As you can see I have very little faith in HMRC or politicians of any colour.
They are all a shower of Fisons.