June 12th, 2013

WATCH: Dave’s Tax Dodge Dishonesty

Brutal stuff from Dave on Labour’s tax avoiding donor:

“It is this government that is putting aggressive tax avoidance at the heart of the G8 agenda, and what do we hear this week from the Labour Party? They give tax avoidance advice to their donors.”

His bluster was the only highlight of a dull PMQs, though this is utterly dishonest from the PM. Miliband might be in hot water here, though the truth is that all parties offer tax avoidance advice to their donors, Labour, the LibDems and the Tories. As Guido reported last summer, Cameron’s own legacy scheme helps donors “reduce or even remove completely” the inheritance tax liability of rich Conservative backers.

All parties advise donors on how to avoid tax on their donations. Dave is in no position to take the moral high ground. 


45 Comments

  1. 1
    Whiff says:

    Another Cast Iron Guarantee.

    Like

    • 2
      A Taxing Matter says:

      The Conservative Foundation has an inheritance tax-free status which mean that any legacy you leave is free of inheritance tax. This is something you may want to consider talking to your solicitor about as it may offer you the opportunity to reduce the tax due on your estate.

      http://www.theconservativefoundation.co.uk/index.php?page=how

      Like

    • 6
      EU and Homosexual Marrige? I wouldn't give the fuckers a penny says:

      “protect the country you love, defend thevalues you cherish”

      http://www.theconservativefoundation.co.uk/index.php?page=how

      Like

      • 21
        Can the Dead ask fo a Refund? says:

        No wonder the grassroots have all gone swivel eyed and loony. Their deceased loved ones left Dave money to protect the country and preserve Conservative values and Dave has pissed it up the wall with EU concessions and destroying the meaning of marriage.

        Like

        • 27
          Cast Iron-Hoof Dave says:

          Owen Jones has shown quite clearly that the propaganda about gays being somehow intellectually superior is false.

          Polluting marriage with this unnatural sickness is not progressive and should help roll back tolerance by a good few decades.

          The reality is that gay people do not have the same kind of stake in a society that those who have children do, and as parents they screw up kids. The correlation with p3d0 activities cannot be ignored: Even Dave jumped on that when on the couch with Schofield last year.

          Like

    • 8
      CarryHole is a porcine homunculus says:

      Another thing Dave’s given away of ours.

      http://www.telegraph.co.uk/news/worldnews/europe/eu/10110551/One-EU-power-David-Cameron-wont-win-back.html

      Like

    • 34
      Capt Flint says:

      ” though this is utterly dishonest from the PM” so no change there. All political parties should only accept monies from UK tax payers, full stop, not from companies and associations from abroad not direct from ghost companies set for the purpose, trade unions could collect from their members willing to pay Liebore subs which already happens by law. As Geedo says they are all at it, maybe a case of Dave Boy speaking without really thinking or reading a speech “what was written for him” surely he should have noticed.

      Like

    • 39
      The Labour Party says:

      The headline for the electorate should read
      “parliaments tax dodge dishonesty”

      Like

  2. 3
    Bert says:

    How do you know a politician is lying?

    Like

  3. 5
    Anonymous says:

    He is if Ed’s the one going off on one about the government not doing anything about tax avoidance.

    Like

  4. 7
    Anonymous says:

    Blimey! Dave and moral in the same sentence?

    Like

  5. 9
    nellnewman says:

    ‘the moral high ground and parliament’ ?!!

    Now that’s a Laugh!!!

    Like

    • 41
      Old Blind Pugh says:

      You give it to ‘em Nell, the word should be amoral because they always claim that they were not doing any wrong.

      Like

  6. 10
    Completely Disinterested says:

    Until someone can deliver a c.unt-free status in Government then colour me not interested.

    Like

  7. 11

    Quite right Guido

    And what about all those multinationals and banks using armies of lawyers to aggressivelye avoid tax?

    If they paid their taxes as I do, these would be no deficit

    Like

  8. 12
    Paniagua v5 says:

    Is the reason he is looking back because, as he talks out of his arse he is addressing those behind him?

    Like

  9. 13
    John Tandy says:

    O dear just when I was beginning to believe !!!

    Like

  10. 15
    Owen Jones HR Officer says:

    Aspiring journalists – deadline for our apprenticeship scheme is this Friday. Apply online here: http://bit.ly/172e2r2

    Like

  11. 16
    Conrad says:

    Wasn’t the abolition of Inheritance Tax or at least a large increase in the threshold a Tory election manifesto promise? With these bastards it seems that if it’s promised in the manifesto then it ISN’T going to happen. As for Scameron, his cynicism and dishonesty and overall lack of principle are truly shocking.

    Like

  12. 17
    sick of em says:

    so there we have it Cameron is a cnunt – Miliband is a cnunt – elites are cnunts – bilderbergs are cnunts – etonians are cnunts – tax avoiders are cnunts – and by the way unemployment is down as more and more pensioners stay at work to make ends meet in nazi britain – fucking cnunts the lot of them

    Like

    • 28
      Big Bad Boris says:

      good summing up

      Like

    • 30
      Nigel Farage doppelganger says:

      couldn’t have put it better my self,
      now where is that pub, i need another lock in

      Like

    • 31
      mad, swivel-eyed loon says:

      The elites want you to work for less and less, whilst they line their pockets. If they get their way, the middle class will be wiped out, a two class system, the elites and the serfs.

      Like

  13. 18
    Dave should resign now says:

    The ‘aggressive tax avoidance’ is an issue for the UK only because of the tax arbitrage laws that have been passed in Europe (EU law) and which UK has to abide by at present.

    The single market was not originally set up in order to allow this.

    The loophole, and the one least likely to be closed, is that companies can register their HQ in any member state and pay tax on recorded profits there, and simultaneously have equal access to all markets within the bloc.

    However, this is not an equal situation as the member states are under no obligation to set their corporate tax rates at the same level.

    So it is not surprising that countries with much smaller public commitments, such as !reland and Luxembourg, can afford to set rates which are at a fraction of those of the UK. This reflects the absence of fiscal union across the bloc, and also demonstrates why fiscal union will never happen.

    It is perfectly sensible for companies to take advantage of this.

    It is not perfectly sensible for the UK to complain about avoidance whilst it is still signed into this system, which it went into with full advance knowledge of what would happen.

    Exiting this system is the only solution, if the EU tax laws are not going to be changed.

    Incidentally, the positive boost for public finances which would happen in this situation is a very strong part of the case for EU exit.

    Like

  14. 20
    Desperate Dan says:

    Labour are ranting on about tax avoidance while collaborating in tax avoidance.

    Dave is not ranting about tax avoidance. He’s pointing out Labour hypocrisy.

    There’s a difference. The two are not comparable.

    Like

    • 25
      Cow Pies all round says:

      hat weak argument makes you sound desperate Dan.

      Like

      • 38
        Dougie says:

        No, Dan is absolutely correct. Dave is attempting to get G8 (leading to G20) agreement on tax, the only way to increase our tax take rather than simply encouraging companies to pay tax elsewhere than in the UK.

        Pointing out that individuals can reduce their potential IHT liability by reducing the size of their estate is no different from advising individuals to reduce their income tax bill by using an ISA.

        Like

  15. 24
    Tay King-dePisse says:

    “Beat the inheritance tax– don’t give any money to HMRC. Instead, give it to the politicians who write the rules for HMRC. It’s a better investment for your descendants’ futures,” they seem to be telling you.

    Like

    • 26
      Reality says:

      Seeing as they do not set important legislation any more, why bother donating to the parties, or paying the MPs period ?

      It seems there is a very bad policy of paying twice for something here:

      i) Too much for frauds in Parliament who cannot do anything

      ii) Too much for foreigners in the EU to do the job of the frauds in Parliament

      Like

  16. 29
    Anonymous says:

    Little bit of up-skirt action at 12 seconds.

    :mind bleach:

    Like

    • 43
      Old Blind Pugh says:

      Careful it could be a bit like that Crocodile Dundee thing in a disco chatting up what he thought were tarts in a New York disco, reaches down to the crotch area, and startlingly exclaims, “Gee, it’s a fella”

      Like

  17. 32
    David B says:

    Completely true, but it is fun to watch Labour being hung on the hook they have made

    Like

  18. 33
    Jimmy says:

    “this is utterly dishonest from the PM.”

    And this is news how exactly?

    Like

  19. 36
    Alex says:

    Donating to a political party reduces your potential inheritance tax liability because … it reduces the value of your estate. Not exactly rocket science. Or even tax avoidance. Sure, there is less tax paid then if you left money to your kids and they made a donation out of their post-tax inheritance, but that ain’t gonna happen anyway.

    Like


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Owen Jones says:

We also need Zil lanes.


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