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Applebys: Something or other about planes and VAT. CM says Panic!

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Pity the Grauniad and the BBC couldn’t present a balanced view as this article as is done in this article. 

http://theconversation.com/the-isle-of-man-is-a-tax-haven-but-its-prosperity-has-precarious-roots-87146 .

The tax avoidance industry will still continue, but sadly it will probably start to move from the British Crown Dependancies to places like Hong Kong, Singapore etc. Another example of how anti British The BBC has become.

 

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45 minutes ago, Lagman said:

The stereotype for the BBC and Westminster is pedophilia.Shameful.

Rather than be bitter why not respond to this:

On 09/11/2017 at 8:44 AM, P.K. said:

However never forget that these schemes are set up for one purpose and one purpose only. That is to make the rich richer and subsequently the poor poorer. That is why they are viewed by most folks as being morally repugnant.

 

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Of course it was a topic of discussion on Question Time last night.

Seemed to be a lot of anger in the audience. One woman was particularly irate about the Queen putting her money in Cayman.

Where she is the head of state, and where she didn't avoid any tax.

Didn't stop her from being very angry, even though clearly she couldn't/wouldn't listen or understand the above point. , just in her mind - Offshore = bad. Which is unfortunately what a lot of UK residents appear to think.

I do get the feeling the timing of the push against offshores has been done to throw fuel on the fire of the Brexit negotiations (by EU/remainers).

 

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47 minutes ago, enbee said:

Pity the Grauniad and the BBC couldn’t present a balanced view as this article as is done in this article. 

http://theconversation.com/the-isle-of-man-is-a-tax-haven-but-its-prosperity-has-precarious-roots-87146 .

The tax avoidance industry will still continue, but sadly it will probably start to move from the British Crown Dependancies to places like Hong Kong, Singapore etc. Another example of how anti British The BBC has become.

 

I personally wouldn't give too much credence to an opinion piece written by a student at uni.

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10 hours ago, JoeyDeaconsCat said:

Great nice to see his hometown put the BOOT in after the Paradise Papers 

https://shepwayvox.org/2017/11/08/the-colourful-geoffrey-george-boot/

 

This is a typical example of how this kind of agenda hijacking and mind control works. They put out some information, but then they add a big dollop of misinformation. Anyone not in the know about the VAT agreement would read this article and believe that the UK simply grants the IOM £300 million of UK taxpayers' money. Nothing is mentioned of the fact that the money is in respect of the VAT that has been paid by Islanders into the common purse. Absolutely shocking claptrap aimed at rabble rousing.

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5 minutes ago, woolley said:

This is a typical example of how this kind of agenda hijacking and mind control works. They put out some information, but then they add a big dollop of misinformation. Anyone not in the know about the VAT agreement would read this article and believe that the UK simply grants the IOM £300 million of UK taxpayers' money. Nothing is mentioned of the fact that the money is in respect of the VAT that has been paid by Islanders into the common purse. Absolutely shocking claptrap aimed at rabble rousing.

According to that nice Mr Richard Murphy the current overpayment is a mere £70m or so.

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32 minutes ago, b4mbi said:

Of course it was a topic of discussion on Question Time last night.

Seemed to be a lot of anger in the audience. One woman was particularly irate about the Queen putting her money in Cayman.

Where she is the head of state, and where she didn't avoid any tax.

Didn't stop her from being very angry, even though clearly she couldn't/wouldn't listen or understand the above point. , just in her mind - Offshore = bad. Which is unfortunately what a lot of UK residents appear to think.

I do get the feeling the timing of the push against offshores has been done to throw fuel on the fire of the Brexit negotiations (by EU/remainers).

 

the Queen is the single biggest taxpayer in the UK, all her income generated by her estate is taken by the government and then she gets a rebate to cover her royal duties, household and staff.

Anyway, she is also the head of state for Bermuda and Cayman, so why shouldn't some of here funds go there also?

 

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Ask most people who the Cayman islands belong to. You'll probably hear Switzerland or the US as the answers. 

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37 minutes ago, P.K. said:

According to that nice Mr Richard Murphy the current overpayment is a mere £70m or so.

Yes. The article would have been more balanced had it mentioned this and that his claim is disputed.

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The article is interesting in any case. Ol' Booty and his ubiquitous Mrs.

To be fair there was over £200million over payment for many years. Murphy says 40 years, but that is of course ridiculous. Mind 20 years ago I would have thought it ridiculous for the Isle of Man to receive £1million over payment in a year, let alone that amount each working day of each year for quite a few years.

All that money.

And the Isle of Man is in the shit. apart from the fat cats and the 'on-message' government employees who have been enjoying the piss-ups, promotions and pensions all this time.

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Murphy is just grasping at straws as far as numbers go.   He wasn't party to discussions and has an agenda.  Parasitic.

 

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2 hours ago, b4mbi said:

Of course it was a topic of discussion on Question Time last night.

Seemed to be a lot of anger in the audience. One woman was particularly irate about the Queen putting her money in Cayman.

Where she is the head of state, and where she didn't avoid any tax.

Didn't stop her from being very angry, even though clearly she couldn't/wouldn't listen or understand the above point. , just in her mind - Offshore = bad. Which is unfortunately what a lot of UK residents appear to think.

I do get the feeling the timing of the push against offshores has been done to throw fuel on the fire of the Brexit negotiations (by EU/remainers).

 

I watched Question Time last night. 

It was a brilliant cross section of how clueless people are in general.

I must say though that Kirsty Allsopp  (top posh totty ) was spot on and really got the rabble''s backs up.  Comical stuff.  The UK is a nation of tax avoiders.   True too.

The labour bird just needed a slap.  She was going on about her tabled legislation amendment in relation to commercial property and it being dismissed by government.   Rightfully so.  She just showed a gross misunderstanding of the numbers involved in commercial property and the importance of investment in it.

It was a real shame Kirsty didn't get into them about the biggest tax avoidance of dividend instead of PAYE

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4 hours ago, b4mbi said:

Of course it was a topic of discussion on Question Time last night.

Seemed to be a lot of anger in the audience. One woman was particularly irate about the Queen putting her money in Cayman.

Where she is the head of state, and where she didn't avoid any tax.

Didn't stop her from being very angry, even though clearly she couldn't/wouldn't listen or understand the above point. , just in her mind - Offshore = bad. Which is unfortunately what a lot of UK residents appear to think.

I do get the feeling the timing of the push against offshores has been done to throw fuel on the fire of the Brexit negotiations (by EU/remainers).

 

You mean the handpicked socialists they usually populate the audience of QT with. It's a staged propaganda show, not a political question and answer session. 

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6 minutes ago, Lxxx said:

You mean the handpicked socialists they usually populate the audience of QT with. It's a staged propaganda show, not a political question and answer session. 

Really?? that's stretching BBC bias a bit far, unless you've something substantive to back it up with?!

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1 minute ago, b4mbi said:

Really?? that's stretching BBC bias a bit far, unless you've something substantive to back it up with?!

My own eyes?

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