Rick Parfitt named in tax relief scheme.

Hi All,

  This quote was interesting "A spokesman for HMRC separately stressed that, although "morally reprehensible", tax avoidance was neither tax evasion nor illegal"

If this is true then why all the hassle ? While I agree that those who avoid paying tax is wrong they never seem to make the bigger companies pay u the full whack of what they owe. Correct me if I am wrong but don't the top earners pay a rate of 50% ? my question is why when everybody who earns in the UK should be charged at the same rate surely ?

Just because a person or a company is successful and earns more than somebody else why should they have to be charged more tax ?  You can understand why so many big earners avoid paying when they see the money they have earned fizzle away after the tax man gets their grubby hands on it at 50%, just ask yourself this would you want to pay 50% on what you earn ? 

This scheme the investors where advised to put money into obviously needs to be investigated, questions need to be asked such as 'why since it's creation has there been no takers of the facilities' ?  I suspect that the tenants they want to attract have been offered cheaper rates somewhere else.   Instead of offering a cheaper rate or matching the competing rate they have kept their rates at the same price, again you have to ask another 'Why' ? not start ripping into those who tried to help out others.

If the tax was evenly charged you would not have all the top stars (In the UK at least) trying to avoid paying the exorbitant rate IMHO.   When it comes to companies then that is a different matter and should be dealt as such the likes of Ebay/ Google/ Facebook/ Twitter etc.etc. should pay a different type of tax and those who own these companies should be charged on what they earn as salaries or if they class the profits of companies as earnings then they should have to pay tax on that that simple.

Geoff.