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Labour MP's £2.1b family business pays 0.01% Tax 09:12 - May 28 with 8995 viewsFree_Willy

http://www.telegraph.co.uk/finance/businesslatestnews/9668396/Margaret-Hodges-fa


I know it's quite old, but in a sane world she would be hanged.
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Labour MP's £2.1b family business pays 0.01% Tax on 09:27 - May 28 with 5604 viewsDarran

Well again as embarrassing and disgusting it is she hasn't broken any laws so she wouldn't be hanged.
Why the press keep going after individuals like Gary Barlow etc when it's the fault if the system baffles me.

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Labour MP's £2.1b family business pays 0.01% Tax on 10:26 - May 28 with 5546 viewsUxbridge

You pay tax on profits not turnover. Silly article.

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Labour MP's £2.1b family business pays 0.01% Tax on 10:26 - May 28 with 5545 viewsperchrockjack

Majority of those hammering BARLOW are those very ones who would do exactly the same and more to maximise their money and how it works.
Hell, show me someone who enjoys paying tax no matter how much or one that has never disclosed money taken for a "foreigner".
MASSIVE HYPOCISY which we Brits are masters at..

Labour ,a Labour MP ,A Labour family ,a representative for the "working man" who "we" are somehow obliged to vote for because "we" are of that class. Bonkers I tell thee

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Labour MP's £2.1b family business pays 0.01% Tax on 10:33 - May 28 with 5537 viewsUxbridge

Labour MP's £2.1b family business pays 0.01% Tax on 10:26 - May 28 by perchrockjack

Majority of those hammering BARLOW are those very ones who would do exactly the same and more to maximise their money and how it works.
Hell, show me someone who enjoys paying tax no matter how much or one that has never disclosed money taken for a "foreigner".
MASSIVE HYPOCISY which we Brits are masters at..

Labour ,a Labour MP ,A Labour family ,a representative for the "working man" who "we" are somehow obliged to vote for because "we" are of that class. Bonkers I tell thee


This is hardly the same thing.

As far as I can tell from that rather ridiculously titled and misleading article, this company paid corporation tax at the appropriate rate and quite legally. There's no evidence in that article of any fudging of profits offshore to avoid tax, and in fact the company says it hasn't done that.

Comparing that to the likes of Barlow, Jackson, Yorath and their ilk who undertook what could only be described as a scam to evade paying tax is, indeed, utterly bonkers. And given the furore the likes of Cameron whipped up when it was the likes of Jimmy Carr in the firing line, it's rather hypocritical how they've moved the goalposts now.

Would we all do the same? Yeah, I reckon we would.
[Post edited 28 May 2014 10:37]

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Labour MP's £2.1b family business pays 0.01% Tax on 10:56 - May 28 with 5497 viewsjackforever

Lets noy worry abouy the billions lost in tax avoidance lets go after the bastards with spare rooms instead.
And all those scroungers in sickness benefit as well. Thats the only way to get this country back on its feet.
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Labour MP's £2.1b family business pays 0.01% Tax on 11:07 - May 28 with 5482 viewsperchrockjack

Which was is and is my point Andrew.
People seem to recoil in horror at any thought of a corporation or individual "avoiding" tax which I recall is no offence, whereas tax evasion is.
We would all do it no matter what crap is put on here. If oner has a chance to maximise profits of a company or an individual to have more net worth then for mje its a given to do so. To do otherwise would only be the work of an Albert Schweitzer.

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Labour MP's £2.1b family business pays 0.01% Tax on 11:17 - May 28 with 5474 viewsUxbridge

Labour MP's £2.1b family business pays 0.01% Tax on 11:07 - May 28 by perchrockjack

Which was is and is my point Andrew.
People seem to recoil in horror at any thought of a corporation or individual "avoiding" tax which I recall is no offence, whereas tax evasion is.
We would all do it no matter what crap is put on here. If oner has a chance to maximise profits of a company or an individual to have more net worth then for mje its a given to do so. To do otherwise would only be the work of an Albert Schweitzer.


I agree the rules are the problem. If you have loopholes then people will seek to use them.

Barlow was tax evasion as far as I can see though. That's completely different. I'm still none the wiser what Hodge's family company did wrong though, apart from being a bit rubbish by the looks of it.

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Labour MP's £2.1b family business pays 0.01% Tax on 11:35 - May 28 with 5442 viewsNOTRAC

Corporation Tax is becoming a farce.There are so many ways of "avoiding"paying it, the amount of revenue lost to this country is immense.
For the huge majority of people who pay tax under PAYE,the draconian rules under this system are a million years away from Corporation Tax rules.
This is why Premiership footballers set up Companies so that we end up in the ridiculous position that the majority of their earnings come from their promotions rather than their abilities on the field,which are run as companies and not wages.
Tax should be seen to be fair ,and at the moment it isn't.

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Labour MP's £2.1b family business pays 0.01% Tax on 11:46 - May 28 with 5428 viewsLord_Bony

Big corporations here pay little to the UK. Government on their profits,running into billions of unpaid tax.

There again they create many jobs and add to the economy so it all kind of evens out at the end of the day.

If we make them pay they ll simply go somewhere else.

A DOUBLE ENTENDRE indeed.

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Labour MP's £2.1b family business pays 0.01% Tax on 12:19 - May 28 with 5391 viewsperchrockjack

Well if its tax evasion then BARLOW should be prosecuted as its simple Fraud.

I personally didn't have much dealing with this subjects we had a specialist unit to deal.

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Labour MP's £2.1b family business pays 0.01% Tax on 13:07 - May 28 with 5352 viewsNOTRAC

Big corporations don't operate in this country because of low tax.They operate because they sell their products here and they make huge profits from employing skilled but relatively cheap labour.The best example is Starbucks.Also,of course Amazon.

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Labour MP's £2.1b family business pays 0.01% Tax on 13:14 - May 28 with 5338 viewscontroversial_jack

Labour MP's £2.1b family business pays 0.01% Tax on 11:46 - May 28 by Lord_Bony

Big corporations here pay little to the UK. Government on their profits,running into billions of unpaid tax.

There again they create many jobs and add to the economy so it all kind of evens out at the end of the day.

If we make them pay they ll simply go somewhere else.

A DOUBLE ENTENDRE indeed.


Let them leave. They monopolise the market and if they leave another company will just take their places
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Labour MP's £2.1b family business pays 0.01% Tax on 14:10 - May 28 with 5285 viewsUxbridge

Labour MP's £2.1b family business pays 0.01% Tax on 13:07 - May 28 by NOTRAC

Big corporations don't operate in this country because of low tax.They operate because they sell their products here and they make huge profits from employing skilled but relatively cheap labour.The best example is Starbucks.Also,of course Amazon.


Yeah they do. Or at least some are coming here. They've got to recognise their profits somewhere.

The problem is there needs to be international cooperation both in terms of closing the loopholes of tax avoidance, but also standardising corporation tax so that countries aren't able to shift the profits to lower tax countries such as Ireland.

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Labour MP's £2.1b family business pays 0.01% Tax on 14:12 - May 28 with 5284 viewsGlyn1

You want to "hang her" because of what her Tory brother's company is doing? Can you explain the logic of that to me?

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Labour MP's £2.1b family business pays 0.01% Tax on 14:22 - May 28 with 5275 viewsCatullus

Labour MP's £2.1b family business pays 0.01% Tax on 11:46 - May 28 by Lord_Bony

Big corporations here pay little to the UK. Government on their profits,running into billions of unpaid tax.

There again they create many jobs and add to the economy so it all kind of evens out at the end of the day.

If we make them pay they ll simply go somewhere else.

A DOUBLE ENTENDRE indeed.


That argument has been trotted out endlessly and it's complete nonsense. And besides, if.....lets say Amazon upped sticks and left because they had to pay their fair share. That would leave a gaping hole, and a very profitable hole too, in the market that somebody would quickly move to fill. Thereby making up for the jobs lost, with new jobs.
But if anyone truly believes Amazon, or anyone else, would just drop a business arm worth billions just because of having to pay more tax, they are just as mad!!
Profit is still profit, and there is plenty of profit in online retailing, even for a company a quarter the size of Amazon.

Just my opinion, but WTF do I know anyway?
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Labour MP's £2.1b family business pays 0.01% Tax on 14:39 - May 28 with 5262 viewsDwightYorkeSuperstar

I enjoy articles such as these. It allows you to see who the less intelligent people in the world are. As Uxbirgde says, this company has done everything correctly, yet the author of this article has still managed to suck in countless gullible people. Embarrassing.
[Post edited 28 May 2014 14:40]

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Labour MP's £2.1b family business pays 0.01% Tax on 14:47 - May 28 with 5255 viewsCatullus

Labour MP's £2.1b family business pays 0.01% Tax on 14:39 - May 28 by DwightYorkeSuperstar

I enjoy articles such as these. It allows you to see who the less intelligent people in the world are. As Uxbirgde says, this company has done everything correctly, yet the author of this article has still managed to suck in countless gullible people. Embarrassing.
[Post edited 28 May 2014 14:40]


They could be less intelligent, or they could just be lazy and comment on the thread's title!!
I haven't read the article, but then I haven't actually commented about them have I.

Just my opinion, but WTF do I know anyway?
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Labour MP's £2.1b family business pays 0.01% Tax on 15:02 - May 28 with 5240 viewsUxbridge

Labour MP's £2.1b family business pays 0.01% Tax on 12:19 - May 28 by perchrockjack

Well if its tax evasion then BARLOW should be prosecuted as its simple Fraud.

I personally didn't have much dealing with this subjects we had a specialist unit to deal.


I've not followed the Barlow case closely enough, but if he and his ilk are being asked to pay it back then it sounds very much like tax evasion to me. And aye, if so, they should be prosecuted.

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Labour MP's £2.1b family business pays 0.01% Tax on 15:32 - May 28 with 5224 viewsFree_Willy

I know it's the law and OK hanging maybe over the top (I would settle for the stocks), but how the f can she have a go at corporations when her family is doing it themselves.
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Labour MP's £2.1b family business pays 0.01% Tax on 15:37 - May 28 with 5218 viewsUxbridge

Labour MP's £2.1b family business pays 0.01% Tax on 15:32 - May 28 by Free_Willy

I know it's the law and OK hanging maybe over the top (I would settle for the stocks), but how the f can she have a go at corporations when her family is doing it themselves.


They aren't. That's kind of the point.

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Labour MP's £2.1b family business pays 0.01% Tax on 17:02 - May 28 with 5182 viewswaynekerr55

Labour MP's £2.1b family business pays 0.01% Tax on 12:19 - May 28 by perchrockjack

Well if its tax evasion then BARLOW should be prosecuted as its simple Fraud.

I personally didn't have much dealing with this subjects we had a specialist unit to deal.


I agree. It's clear that investing in one eyed willies music agency is a ploy to evade paying tax. A clever brief would prove that in court.

The system is f*cked, and ironically guess which fiscal genius was involved in making it like that. No prizes for guessing who I'm referring to... the genius chancellor who ran at a f*cking DEFICIT during the boom years. Clown

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Labour MP's £2.1b family business pays 0.01% Tax on 17:17 - May 28 with 5166 viewsLohengrin

Labour MP's £2.1b family business pays 0.01% Tax on 15:32 - May 28 by Free_Willy

I know it's the law and OK hanging maybe over the top (I would settle for the stocks), but how the f can she have a go at corporations when her family is doing it themselves.


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Labour MP's £2.1b family business pays 0.01% Tax on 17:21 - May 28 with 5158 viewsUxbridge

Labour MP's £2.1b family business pays 0.01% Tax on 17:02 - May 28 by waynekerr55

I agree. It's clear that investing in one eyed willies music agency is a ploy to evade paying tax. A clever brief would prove that in court.

The system is f*cked, and ironically guess which fiscal genius was involved in making it like that. No prizes for guessing who I'm referring to... the genius chancellor who ran at a f*cking DEFICIT during the boom years. Clown


As opposed to the idiot now that's done nothing to close them? It's hardly a political point to make.

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Labour MP's £2.1b family business pays 0.01% Tax on 17:22 - May 28 with 5151 viewswaynekerr55

Labour MP's £2.1b family business pays 0.01% Tax on 17:21 - May 28 by Uxbridge

As opposed to the idiot now that's done nothing to close them? It's hardly a political point to make.


True - both as stupid as each other. Yet one is held in such high esteem despite having the budgetary skills of a 5 year old who has just drank 2 litres of coca cola

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Labour MP's £2.1b family business pays 0.01% Tax on 17:24 - May 28 with 5148 viewsUxbridge

Labour MP's £2.1b family business pays 0.01% Tax on 17:22 - May 28 by waynekerr55

True - both as stupid as each other. Yet one is held in such high esteem despite having the budgetary skills of a 5 year old who has just drank 2 litres of coca cola


Who on earth is held in high esteem? And where can I get these holders committed to?!?!

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