How ironic that our MPs, some of whom are making very public noises about "cracking down" on tax avoidance (which is perfectly legal), are so assiduous at avoiding tax themselves.
The Telegraph recently noted:
"Accountants calculate that MPs avoid an average of more than £54,000 a year in tax on parliamentary expenses claims which, according to official figures, usually exceed £135,000 each.
Second home allowances and other expenses average more than double the MPs' basic salary of £63,291 and are not subject to tax. But accountants point out that constituents who were lucky enough to receive such sums from their employers would have to share 40pc with HM Revenue & Customs (HMRC)."
Are the best interests of the voters really being served by MPs who enjoy different tax treatment to their constituents?
Tax does have to be taxing.
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Forgive me if I've got this wrong, but isn't HMRC's landlord a Bermuda-based tax dodging company ?
ReplyDelete'Forgive me if I've got this wrong, but isn't HMRC's landlord a Bermuda-based tax dodging company ?'
ReplyDeleteIf you mean Mapeley, you're quite right.
This wouldn't happen to be the same "Mapeley" that was seperately investigated by the former Inland Revenue for tax descrepencies, and the former Customs & Excise for VAT iregularities ?
ReplyDeleteSomething not quite right here . . .