Stop Funding Hate

rancidpunk

Then I'd suggest stopping thinking, you don't seem too good at it.

rancidpunk

For the third time, I'm saying there's a difference between investing in ISAs and pensions, that are fully sanctioned by the government, and exploiting loopholes to avoid tax and/or claim extra benefits. There's absolutely no hypocrisy involved in seeing a difference in two things that are entirely different. That they are both legal has no bearing on them being different.

As @KiLLiNG-TiME quoted

Tax avoidance is bending the rules of the tax system to gain a tax advantage that Parliament never intended," said a spokesman for Her Majesty's Revenue and Customs (HMRC).

How do you see that as being the same as an ISA or pension investment?

Jezza99

So £4bn   £5.1bn = £35bn.   Who knew. Or is there another category apart from tax avoidance and evasion that makes up the tax gap?

Probably best that you do "duck out".

Jezza99

Well in the absence of any cogent argument from yourself, It's difficult to avoid.

rancidpunk

£4bn   £5bn = roughly a quarter of the £35bn. Exactly as quoted in your reply. Try reading before jumping down someone's throat

See above, thinking and comprehension are a little lacking in your eagerness to belittle others.

Jezza99

@KiLLiNG-TiME has already admitted he doesn't understand the difference between avoidance and evasion, so he's probably not the best person to be quoting. However , HMRC are obviously an interested party in the issue of tax collection, so hardly an unbiased source to quote. Their definition (if it's that as quoted), does not meet the legal definition I'm afraid. It reeks of sour grapes boo-hoo we've been outmaneuvered and there's nothing we can do about it.

Jezza99

Exactly as my post. The "tax gap" is comprised of tax evasion and perhaps tax avoidance. So what is the mysterious 75% shortfall here?

See above. You would be the expert in lacking comprehension.

EarthRod

This might explain the claim and conclusion:

Tax: evasion and avoidance in the UK

So there is an error in the claim of £34 billion lost. The missing bit is due to uncollected taxes.

rancidpunk

No mystery, it's all there in the link from the post you quoted. As I said, try reading things properly before jumping down someone's throat. Again