As loyal readers know, HMRC and the government continue to press ahead with changes to IR35 (relating to loan charges) which amount to a retrospective tax grab going back twenty years.
Mel Stride (Financial Secretary to The Treasury) is quite gung-ho in his support for the retrospective tax grab.
Given Stride's support for this measure, indeed he has opined that tax avoidance is wrong (note it is not illegal), I would have thought that he would be squeaky clean himself.
"if some time ago, you entered into one of these disguised remuneration schemes, where you're basically avoiding tax, there is no reason why we shouldn't collect that money."
However, he isn't squeaky clean at all!
So @MelJStride you are Financial Secretary to the Treasury? You deal with Tax (and more importantly avoidance). Your company has links to Amazon which paid £4.5M in corporation tax on £1.5B (yes.....billion) on record profits on its most recent quarter🤔 we’re coming pal👊👊— BlueDazza (@blue_dazza) September 30, 2018
My advice to politicians is as follows, if you intend to start lecturing us on the morality or otherwise of tax matters you need to have clean hands and be seen to have clean hands yourselves!
Tax does have to be taxing.
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Pity they weren't so vocal about expenses claims for duck ponds and porn channels. Nice fat pension to look forward to and a good couple of months off every summer.
ReplyDeleteLovely that he is willing to speak to the peasants