November 2nd, 2012

Taxes on Taxidermy: What the Papers Say


70 Comments

  1. 1
    Mary Whitehouse says:

    Not surprised they found a snake in Westminster

    Like

  2. 1
    Archie says:

    There must be another snake joke in here somewhere!

    Like

  3. 4
    Anonymous says:

    I have no interest in the elected representatives of this country doing their work in portacabins. Grow up.

    Like

  4. 7
    smoggie says:

    Headline in The Sun this morning is:

    FREDDIE STARR ATE MY BEAVER

    Like

  5. 8
    Grollace says:

    I asked the postman today if he could speak Parceltongue, but he answered in Polish.

    Like

  6. 11
    smw says:

    Awww Guido got in the papers again. Good for you :)

    I see you took credit for GraduateFog’s exposure of Blair’s unpaid interns too, but sadly no one else picked up on the fact that it was the pressure you personally exerted on the man which got results, shame.

    You keep at it Guido, soon you’ll become relevant enough to embarrass yourself on TV again ;)

    ps been a while since I was last here, what happened to all the advertising? You finding it hard to generate revenue? Tell you what, you could stuff yourself and live in the FCO library.

    Like

  7. 12
    Mary Whitehouse says:

    Can’t wait for the next election bullshit when Dave tells us there is no money and we are skint,

    Like

    • 38
      XXXX says:

      Except Trident revamping, HS2, loads for London heathrow/Borus Island, reorganising education and the NHS again (the NHS must be punch drunk from all the reorganisations in the past 35 years) and any other glory project.

      Like

  8. 13
    Lie Brer Ian says:

    Has anybody actually as Hague if he had anything to do with this stuffing? I somehow doubt it and the decision to proceed was made by some faceless twit in the back room who has access to the FCO’s budget.

    Like

  9. 15
    Chris Mayers Parliamentry aids says:

    It’s not the first time William has paid to stuff his trouser snake somewhere

    Like

    • 42
      XXXX says:

      That’s a thought, why was the snuffed snaked named Albert, was it because of prince Albert who kept Queen Victoria constantly pregnant for 25 or more years

      Like

  10. 16
    smw says:

    yes … yes it does. Cunning of you to work it out.

    Like

  11. 18
    Dick the Prick says:

    If the only way we can deal with terrorists is to extradite them then the problem isn’t secret courts but stupid judges taking the ECHR and interpreting it to mean that they’re all completely innocent and able to sue the British government for their lack of success in their heinous, warped endeavours.

    Like

    • 25
      Uncle Joe says:

      You know the answer to this problem don’t you?
      That such weaklings have held power for so long is the mystery.

      Like

      • 61
        Dick the Prick says:

        I’m not so sure it’s possible, really. With everyone paid £500 per hour to keep up the facade of justice, with the reams of statute and preceadence, the hordes of vested interests in all parties – well, cui bono? I think it’s a chimera, a mirage, an unwanted objective. Far more lucrative to just whinge about it and accept that Londoners are gonna die.

        Like

  12. 19
    A Question of Time says:

    Watching the US special of Question Time last night must’ve been confusing for you righties. A pro-Romney bláck Tory MP, Kwasi Kwarteng, was on the panel. The cognitive dissonance that must’ve caused some of you. “He’s a fucking n****r! But he’s Conservative! But I fucking hate n****rs! But he’s attacking Obama! But he’s bláck! But he’s saying he would vote for Romney! But he’s a bloody co-on! Now he’s attacking Labour! Aaagh, I’m confused! Should I hate him or like him? These fucking n****rs, always making life difficult for us.

    Like

    • 21
      Dick the Prick says:

      You are Diane Abbot and I claim my free compensation claim.

      Like

      • 23
        A Question of Time says:

        “White power! David Duke for Prime Minister!”

        Like

        • 30
          Roger The lodger says:

          Daisy Duke for president!

          Like

        • 31
          Gordon Brown says:

          Watching the US special of Question Time last night must’ve been confusing for you lefties. A pro-Romney black Tory MP, Kwasi Kwarteng, was on the panel. The cognitive dissonance that must’ve caused some of you. “He’s not supporting that Yanky fucking n****r! He’s Conservative! But I demand that all fucking n****rs automatically support each other, irrespective of their disasterous economic, foreign and defence policies! But he’s attacking Obama! But he’s black! But he’s saying he would vote for Romney! But he’s a bloody co-on! Now he’s attacking Labour! Aaagh, I’m confused! Should I hate him or like him? These fucking n****rs, always making life difficult for us. How can a Black man have independant thought? How can colour not be the overwhelming issue governing his politics?

          Hmmm…chuck a red rosette on it and move on, never bother listening. Bigotted woman!

          Like

    • 24
      Keith Chegwin says:

      I think you need help mate.

      Like

    • 27
      Socialism Ate My Future says:

      So spouting racist rubbish isn’t racist as long as your left leaning?

      You can tell its half term.

      Like

    • 29
      Another nutter passing by says:

      You really have a problem.

      Like

    • 55
      smoggie says:

      Looney Left with bells on.

      Like

  13. 28
    Mr Ahmadinejad says:

    I get why people grow a moustache for Movember, but why do old women do it all year round?

    Like

  14. 34

    slippery hands going down young boys trousers more like.

    Like

  15. 36
    TONY B LIAR WARLORD and all roung GOOD EGG says:

    You paid a hundred times that to stuff my pillow cases
    With Cash !

    Suckers !

    Like

  16. 41
    DO NOWT DAVE the PATHETIC Downing st DOOR MOUSE says:

    I have warned Mr Dinner jacket the Iranian President that i am quite prepared to send war planes to the gulf !
    As i Squeak the imperial war museum is readying our three Sopwith camels and a zeppelin to be delivered to the gulf by D H L by next week I’ll arrange for someone to be there tuesday afternoon to sign for them

    Toodle pip !

    Like

  17. 44
    Biased Broadcasting Corporation says:

    What’s the betting this story will take up the first 15 minutes of next week’s edition of Have I Got News.

    As this ‘news’ quiz has now given up all semblance of political even-handedness (according to the last 2 weeks’ shows), the first 15 minutes of tonight’s show will be taken up with the ‘Loony Eurosceptic Right-Wingers humiliate Cameron’ story, and the remaining 15 minutes of the show will be ‘Tory Toff Boris calls plebs Leftie Tossers.’ Don’t expect any reference to the Labour Party. There wasn’t last week.

    Like

    • 51
      XXXX says:

      One little problem there Liebore are not in power, Dave is supposed to be in power but seems like the bonking Major-Balls unable to keep order in the ranks, he busts one zit and another breaks out somewhere else.

      Like

  18. 49
    Mr Ahmadinejad says:

    My Muslim neighbour knocked on my door today, she asked, “Have you seen Mahid lately?”

    “Nope,” I replied, “just your eyes.”

    Like

  19. 50
    Peter Bone says:

    Guido Fawkes,a right wing political blogger, told the BBC that David Cameron “was an accident waiting to happen” because of his obsession with legalising gay marriage.

    Like

    • 53
      Don't say you weren't told Dave. says:

      Absolutely correct. Gay Marriage is the final straw / nail in the coffin / guaranteed 2015 Election loser.

      Like

  20. 54
    Abu Qatada says:

    Fucking hell !

    British families want out as more seek relaxed life abroad http://tgr.ph/RwY8YH

    Like

  21. 62
    George Gideon Oliver Osborne says:

    Transform yourself into a company

    Perhaps the best way to take total control of your tax affairs is to ‘incorporate’. This involves setting yourself up in business as a private limited company and channelling all (or most) of your income through your own ‘personal tax haven’.
    By starting your own company, you can move away from being taxed as an employee and paying income tax and National Insurance contributions (NICs) through the PAYE (Pay As You Earn) system. Instead, your company get taxed on its profits after legitimate business expenses.
    Meanwhile, to avoid income tax and NICs, you take a modest salary from your firm and boost your earnings with tax-efficient share dividends. Here’s a practical example of how this works.
    Make work less taxing
    Let’s assume that your company collects, say, £60,000 a year in fees from various clients. Of this, your business pays you a small salary of £107 a week, or £5,564 a year. As this is below the lower threshold for employee NICs, you pay no National Insurance on this wage. In addition, there is no income tax to pay on this mini-salary, as it falls within your personal tax allowance of £8,105.
    Next, assume that your company has 1,000 shares, all of which you own. Every six months, you declare a cash dividend on these shares of, say, exactly £1.8455 per share. This gives you an extra £18,455 twice a year, which totals £36,910.
    Share dividends are taxed much more lightly than earned income. In fact, thanks to a notional 10% tax credit, basic-rate (20%) taxpayers pay no tax on dividends. For higher-rate (40%) taxpayers, the tax is 32.5%, reduced to 22.5% after the 10% notional tax credit. However, this extra tax is paid only on the slice of dividends in the higher-rate tax threshold, which starts at £34,370 of taxable earnings.
    In effect, you’ve received total earnings of £42,474 from the £60,000 paid to your private company. As all of this falls below the threshold for higher-rate tax of £42,475, it is entirely tax-free. In short, the score is: you 100%, HM Revenue & Customers (HMRC) 0%!
    Make your company pay
    While you pay zero personal taxes on the above earnings, HMRC will get its pound of flesh one way or another. It does this by charging your company corporation tax. In the above example, your company received £60,000 over the course of a year and paid you a salary of £5,564. This sum is offset against corporation tax, reducing the company profit to £54,436.
    Although dividends don’t reduce this profit any further, all legitimate business expenses do. For the sake of argument, let’s say that your company offsets £4,436 in expenses against tax, reducing the final profit to £50,000.
    The standard rate of corporation tax for small businesses is 20%, thus generating a tax bill of £10,000. This is the only tax paid by your company (except for VAT on purchases, of course).
    What’s more, your company is solvent, as it has spare cash remaining of £3,090, as follows:
    Revenues
    £60,000
    Salary
    -£5,564
    Dividends
    -£36,910
    Expenses
    -£4,436
    Corporation tax
    -£10,000
    Surplus
    £3,090

    Like

  22. 64
    Anonymous says:

    Strangely, I’m not too excised over this either. I expect these offices of state to to be able to exhibit a certain grandeur to the outside world and reflect our rich history and pageantry. I wouldn’t expect these offices to look like an Ikea showroom!

    Long live Albert – £10k’s cheap to keep him in good condition for another 30/40 years.

    Like

  23. 69
    the savant says:

    you, re either in front of guido ,,,,,,

    or your slithering up behind him waiting to pounce …………… for the jugular………………………

    Like

  24. 70
    Great Granddad says:

    We’re all in it together. You, me, and the anaconda.

    Like


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