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captain cab
PostPosted: Wed Sep 18, 2013 7:51 am 
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UK taxpayers pay for the rich’s greed

British people are struggling with their biggest squeeze on living standards at a time of austerity while many high-profile individuals, including the Royal family and giant corporations, are earning billions of pounds through the so-called legal tax avoidance.

Tax avoidance by definition is generally the legal exploitation of the tax regime to one's own advantage, attempting to reduce the amount of tax that is payable by means that are within the law.

Tax offenders exploit loopholes in the law to remove income or assets from taxable situations into ones with lower taxes or none at all.

Similarly, Britain’s highly abusive tax loopholes allow wealthy individuals & organisations to evade their tax burden, making the most vulnerable people in the society bear the brunt of spending cuts and pay for the rich’s greed.

But who are the UK’s biggest tax evaders, depriving British people of millions of pounds that could be spent on public services?

In December 2012, Britain's HM Revenue and Customs (HMRC) and the Public Accounts Committee (PAC) were called on to probe suspected tax avoidance by the heir to the throne Prince Charles’s £728 million hereditary estate, the Duchy of Cornwall.

The unclaimed property, which Prince Charles owns, thanks to his royal status under an ancient law, comprises around 53,408 hectares of land in 24 counties, mostly in the south west of England and including the whole of the Isles of Scilly.

Charles receives the "revenue surplus" from the estate, and the Duchy's accounts show it grew by 2.8 percent to £18.3 million in the last financial year. The estate’s total worth also grew by £32 million to £728 million due to "buoyant agricultural property values" and accordingly, the British prince’s tax bill rose marginally from £4,398,000 to £4,496,000, an increase of £98,000.

The duchy, however, insisted that the state "is not subject to corporation tax as it is not a separate legal entity for tax purposes". But principal judge at the information rights tribunal John Angel ruled last December the property was a separate legal body to the prince.

Earning money through tax evasion by the Royal Family is just part of the story. Business giants Starbucks, Google and Amazon were also found guilty of dodging millions of pounds in tax in Britain.

It is estimated that the corporate tax evasion is costing the UK economy something between 45 to 90 billion pounds a year, meaning that it is practically undoing all austerity measures as well as widening the gap between the rich and the poor in the British society.

Moreover, the British Broadcasting Corporation (BBC) has been accused of complicity in tax avoidance for more than 25,000 of its employees. The House of Commons Public Accounts Committee (PAC) said discovering the scale of fraud at the BBC was quite shocking.

In attempts to identify the deliberate tax defaulters in Britain, the HMRC has published two lists so far.

The lists, published in February and May, contained the names of individual tax evaders, including a hairdresser, a coach operator, a knitwear manufacturer, and a tandoori takeaway.

Not surprisingly, the British government was stringently criticized for pursuing individual tax dodgers instead of large corporations, which had largely avoided tax and harmed the most vulnerable people in the society.

http://www.presstv.com/detail/2013/05/2 ... chs-greed/

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Nidge2
PostPosted: Wed Sep 18, 2013 3:13 pm 
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Nice to see Charley is in there.
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wannabeeahack
PostPosted: Thu Sep 19, 2013 11:32 am 
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Will HRH and hangers-on all get the new free school dinners and the OAP winter fuel allowances?

)castles are frigging cold in winter)

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trotskys twin
PostPosted: Tue Oct 08, 2013 11:22 am 
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Methinks the Capt has been reading some Republic press releases =D> =D> =D> =D> =D>


Von Windsor ===================ponce =D> =D> =D> =D> =D>

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captain cab
PostPosted: Tue Oct 08, 2013 11:55 am 
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Dear

On Monday October 14 the powerful public accounts committee (PAC) will question senior Palace aides – including Sir Alan Reid, Keeper of the Privy Purse and Treasurer to The Queen – about royal spending.

This is a important opportunity to expose the royals' reckless spending. We must make sure that the committee asks the right questions and really holds the Palace to account.

What you can do

Please ask your MP to contact PAC chair Margaret Hodge MP on your behalf and request that she raises the following questions during the session:

  • Why isn't the royal household set an annual fixed budget like all other government departments?
  • Why are royal security costs kept secret from taxpayers?
  • Why are the costs of royal visits around the country – currently borne by local authorities – not included in the annual royal finance reports?
  • Why is the royal family’s travel bill so much higher than that of government ministers and senior civil servants?
  • Why does the sovereign support grant have no upper limit?

As always, your email will be more effective if it’s short and to the point – and please put the above questions in your own words if you can.

Thank you for your support.

Best wishes

Graham Smith
Chief executive
Republic

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Think of how stupid the average person is, and realize half of them are stupider than that.
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trotskys twin
PostPosted: Wed Oct 09, 2013 3:40 pm 
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captain cab wrote:
Dear

On Monday October 14 the powerful public accounts committee (PAC) will question senior Palace aides – including Sir Alan Reid, Keeper of the Privy Purse and Treasurer to The Queen – about royal spending.

This is a important opportunity to expose the royals' reckless spending. We must make sure that the committee asks the right questions and really holds the Palace to account.

What you can do

Please ask your MP to contact PAC chair Margaret Hodge MP on your behalf and request that she raises the following questions during the session:

  • Why isn't the royal household set an annual fixed budget like all other government departments?
  • Why are royal security costs kept secret from taxpayers?
  • Why are the costs of royal visits around the country – currently borne by local authorities – not included in the annual royal finance reports?
  • Why is the royal family’s travel bill so much higher than that of government ministers and senior civil servants?
  • Why does the sovereign support grant have no upper limit?

As always, your email will be more effective if it’s short and to the point – and please put the above questions in your own words if you can.

Thank you for your support.

Best wishes

Graham Smith
Chief executive
Republic


ooh aahhhh oh dear the royals are at it and big time hats off to em eh what :D jolly whizz 3 cheers for the ponces :lol: :lol:


question why did Gordon Brown well known ORANGE GINK remove the Royals fro the Freedom of Information Act :badgrin: :badgrin: :badgrin: :badgrin:

Ive written to my MP anyone else going to mind shes a fully paid up member of REPUBLIC =D> =D> =D>

_________________
All posts by this contributor are made in a strictly personal capacity

I AM PROUD TO BE A CITIZEN NOBODY'S SUBJECT http://www.republic.org.u

F88K EM ALL WHAT GOES AROUND COMES AROUND

BOOZE BOOZE BOOZE
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trotskys twin
PostPosted: Wed Oct 09, 2013 3:40 pm 
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Joined: Wed May 23, 2012 7:24 pm
Posts: 6755
captain cab wrote:
Dear

On Monday October 14 the powerful public accounts committee (PAC) will question senior Palace aides – including Sir Alan Reid, Keeper of the Privy Purse and Treasurer to The Queen – about royal spending.

This is a important opportunity to expose the royals' reckless spending. We must make sure that the committee asks the right questions and really holds the Palace to account.

What you can do

Please ask your MP to contact PAC chair Margaret Hodge MP on your behalf and request that she raises the following questions during the session:

  • Why isn't the royal household set an annual fixed budget like all other government departments?
  • Why are royal security costs kept secret from taxpayers?
  • Why are the costs of royal visits around the country – currently borne by local authorities – not included in the annual royal finance reports?
  • Why is the royal family’s travel bill so much higher than that of government ministers and senior civil servants?
  • Why does the sovereign support grant have no upper limit?

As always, your email will be more effective if it’s short and to the point – and please put the above questions in your own words if you can.

Thank you for your support.

Best wishes

Graham Smith
Chief executive
Republic


ooh aahhhh oh dear the royals are at it and big time hats off to em eh what :D jolly whizz 3 cheers for the ponces :lol: :lol:


question why did Gordon Brown well known ORANGE GINK remove the Royals fro the Freedom of Information Act :badgrin: :badgrin: :badgrin: :badgrin:

Ive written to my MP anyone else going to mind shes a fully paid up member of REPUBLIC =D> =D> =D>

_________________
All posts by this contributor are made in a strictly personal capacity

I AM PROUD TO BE A CITIZEN NOBODY'S SUBJECT http://www.republic.org.u

F88K EM ALL WHAT GOES AROUND COMES AROUND

BOOZE BOOZE BOOZE
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