Tax saving tips

Discussion in 'Current Affairs' started by finknottle, Jan 18, 2011.

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  1. Hopefully this may help someone to save a few quid.

  2. Could be Finks - Especially if it were moved to where it belongs - the Finance Forum?

    Slag off the CA MODs and they might even move it to the Gash Barge for you instead :Winks Cheekily:
  3. Do you know I never knew there was a finance forum!
  4. ......and none us knew that you cared about MONEY, Jock??
  5. Of course I care, without it I would not be able to maintain my current standard of living and it looks as thought interest rates are soon to rise, oh goody.
  6. Had a look but didn't save any money oh well
  7. Didn't think it would Merlin.
    May I suggest donating a couple of million to the Tory party, stashing all your dosh in a offshore tax haven and take up non domicile status.The advantages are you will be zero rated for UK tax.Your couple of million donated to the party should pay dividends in the future(if your not rumbled by the press) and may help smooth the way to passing some form of legislation to your financial advantage within this parliament.Give it a GO after all WE ARE ALL IN THIS TOGEATHER:thebirdman:
    Last edited: Jan 25, 2011
  8. Or you could donate your money to a Union, which will strangely make its way to the Labour party and strengthen the non-democratic vote of said Union in controlling the policies and personalities of the party.

    Regarding "we're all in this together" - I don't see very many poor Labour politicians either (or Lib Dems for that matter).
  9. No zero tax saving to be had donating dosh to a Union dear boy.Plus it has the disadvantage of being open to parliamentary scrutiny.The advantage of a tax haven and non dom statuses is power without accountability probably why you don't see many poor Tory MPs.:laughing2:
  10. or poor Labour MPs
    or poor Lib Dem MPs

    Funding of all political parties is dirty - if you're going to single one out then you really need to make sure there are no gremlins in the others. And there are many gremlins.
  11. Would you be so kind as to elaborate on those many gremlins
    Last edited: Jan 25, 2011
  12. Political Party Funding

    If you wish.

    A quick Google search revealed this page (April 2010).

    An excerpt:

    "A look at the register of party donations shows that since 2002 public affairs agencies have given £465,000 to the three main political parties in cash donations.
    Over £405,000 has gone directly to the Labour party. The Conservatives have received over £55,000 and the Liberal Democrats almost £5,000."
  13. Poor old Lord Ashcroft's £5.1 million donation to the Tory party didn't get a mention ho-hum.
  14. The amounts involved are far less disturbing than the principles (or lack of) behind the "donations" - if money is being offered to political parties in order to influence policy decisions that are supposed to be in the interests of the nation not the individual then something has to be done about it (a bit of a utopian tree-hugging sentiment I know but what can I say?)
  15. Nice one broadside we are on opposite side of the political spectrum but It would be hard do disagree with your sentiment's
  16. Very few individuals/companies make donations to political parties without expecting something in return and we would be naive to think otherwise.At least these donations are there for public scrutiny whereas the practice of Cabinet members being offered jobs by various companies as advisors when their political life is over slips under the radar most of the time.By the time this becomes apparent orders have been placed or inconvenient laws gotten rid of.
  17. Or ‘elevated’ to that unelected feudal relic that is the House of Lords.
  18. It's only a "relic" while it is populated by unelected/hereditary/religious appointments - despite this "handicap" it serves (and has served) the country well as a balance - the next step in the democratic development of the UK (IMO) is to convert it to an elected second chamber

    I can't remember (and even if it were written down somewhere the emergence of a coalition out of the shambles of the last election has probably put the kaibosh on it) but did any of the 3 major parties advocate an elected upper assembly in their manifestos?
  19. Did you have in mind lord Ashcroft a prominent Tory party founder. Who had sat in the lords for years with non dom status avoiding UK tax on his wider income until the 7th July 2010.When he and Dave concluded that they couldn't brass neck it out any longer.:pottytrain2:
    Last edited: Jan 27, 2011
  20. If we have an elected upper house then it'll turn out to be the same as the Commons. Plus with voter apathy and piss-poor turnouts at elections, and the fact that people get confused by one ballot paper, I'm not sure adding yet another election will achieve anything effective. If you are going to vote Labour for the Commons then you will probably vote Labour for the Lords too, so we could end up with 2 houses with similar make-up - in which case only one house is needed.

    The current setup of the Lords providing oversight of what the Commons does seems to work. It constantly annoys Government (of all colours) so that can't be a bad thing.

    It ain't broke, unless you are a socialist: in which case democracy in this form isn't ever going to get your vote anyway.

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