The fella appears to owe a lot of tax -fair enough.
He is a singer (although the jury is out on that one) not, presumably, a tax expert.
Doubtless, he will have paid a small fortune for tax advice from professionals, which has been found to be rubbish.
Seems to me he is a victim - why aren't the TV powers that be, tackling the source of the problem instead of going for the 'lazy' win?
No doubt he will pay the money and move on, but how many more people are being conned with these dodgy schemes??Original Owner.
Member Since: 12 Dec 2005
Location: The Gaff
Posts: 50978
Quote:
Seems to me he is a victim
The four of them put £66 million into it ....they are not old age pensioners being swindled for a few grand on the doorstep FFS
Quote:
Judge Colin Bishop told the court that “Icebreaker is, and was known and understood by all concerned to be, a tax avoidance scheme.â€
“The aim was to secure [tax] relief for members, and to inflate the scale of the relief by unnecessary borrowing,†he explained. “No serious or even moderately sophisticated investor, genuinely seeking a profit... would rationally have chosen an Icebreaker partnership.â€
Correct -all very wealthy people,who are more than able to pay their taxes.
My point is they will have taken professional advice which has been complete rubbish.
Go after the people who have set up and sold these schemes.Original Owner.
Member Since: 26 Apr 2011
Location: Sheffield
Posts: 2990
The only reason he put the money in that scheme was to avoid paying tax. Cameron should not support him. It's the second time he has come to his defence
12th May 2014 5:47 pm
Garagegmx
Member Since: 09 Feb 2014
Location: UK
Posts: 916
Yes, I agree, he's avoiding Tax. Too easy to blame others. They are acting on his instructions. It's his responsibility.
PS take away his OBE. It's not like he paid something towards it, is it, more like the rest of us suckers did. Besides which what was his non tax re numeration for the Olympics?
12th May 2014 5:51 pm
Gareth Site Moderator
Member Since: 07 Dec 2004
Location: Bramhall
Posts: 26776
He's been rumbled fair and square, he should pay what he owes plus interest and fined. However, I don't see the need for him to hand his OBE back.
12th May 2014 5:54 pm
Garagegmx
Member Since: 09 Feb 2014
Location: UK
Posts: 916
The guy has been shown as a cheat. I personally thourght your character should be beyond reproach if your in receipt of an award. If not, it cheapens it for all the other people who deserved it and kept their noses clean.
12th May 2014 6:09 pm
tcr4x4
Member Since: 24 Jan 2010
Location: England
Posts: 1526
He has raised millions for charity. For that alone he deserves the OBE.
Everyone..... Everyone tries to get away with the least amount of tax they can legally get away with. Just because you are rich and have spare income most of us can only dream of, this doesn't change.
This was legal, maybe morally wrong, but legal..
Blame the idiots who write the rules and allow these loopholes to be taken advantage of.
12th May 2014 6:12 pm
Gareth Site Moderator
Member Since: 07 Dec 2004
Location: Bramhall
Posts: 26776
I agree, if he had done anything illegal he should be punished accordingly, but he hasn't.
No doubt about it -your advisors have stitched you, so pay up boys.
How many more millions are lurking in these schemes?
Lets see if any of the establishment are linked -or will it be quietly brushed over! Original Owner.
Member Since: 19 Jan 2011
Location: Co. Durham
Posts: 12319
Probably a similar type of scheme that the well known used car salesman Chris Moyles was involved in Cheers Ian
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12th May 2014 6:46 pm
DSL Keeper of the wheelie bin
Member Since: 11 May 2006
Location: Off again! :-)
Posts: 73092
Don't get me started on footballers and the loan scam.
12th May 2014 6:54 pm
Strange Man
Member Since: 21 May 2012
Location: Watford
Posts: 115
tcr4x4 wrote:
He has raised millions for charity. For that alone he deserves the OBE.
Charity that wouldn't be required if everyone who was due to pay an amount of tax actually paid it rather than paying someone to find a way to avoid paying the tax they owe.Skoda 120 - sold
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