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"Bollocks who hasn't paid enough???" love the topic big... did you read the entire article though.... 1.8 million people have underpaid.... and will have special tax codes set up to claw it back... however 4.3 million people have overpaid... and will start getting tax rebates next week...... so there are 2.5 million more winners than losers..... | |||
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"£1500 for some to cough up! The tax man wants £100 a month from 6 million of us! What a bugger! " big... not true... hopefully my post above actually puts right the fallacy going around.... yes there are 6 million people affected... the 1.8 mil who will lose and the 4.3 mil who will gain.... | |||
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"yeah there may be more winners but thats only worth 1.8 bn in payments while the cash they will get back is worth 2 bn goverment still wins!!!!!" It's not quite as straightforward as £2 billion in and £1.8 billion out. There's the not incondsiderable cost of actually administering the claw-backs and refunds. At the very least there's 6 billion letters to be printed, stuck in envelopes and posted. That's before dealing with all the correspondence from those who don't think they should be paying money back and so on. I'd be surprised if HMRC even manage to break even on the deal. | |||
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"At the very least there's 6 billion letters to be printed, stuck in envelopes and posted. " Surely that's an overestimate? | |||
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"At the very least there's 6 billion letters to be printed, stuck in envelopes and posted. Surely that's an overestimate?" You're right. It should have been 6 Million. | |||
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"At the very least there's 6 billion letters to be printed, stuck in envelopes and posted. Surely that's an overestimate?" You're right. It should have been 6 Million. | |||
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"Million or billion its bad news for many people. If it costs more to collect than its worth why don't the government let it slide." but then you leave yourself in a very awkward position.... if you are one of the 4.3 million people who have paid too much tax, if you are eligible for the tax rebate, are you going to say "i'll let it slide... you keep the money you have wrongly taken off me!" not in a million years........ those 1.8 million people who have underpaid in tax may well fight it to the hilt... and if they have very compelling reasons then they may write it off.... I have been in that situation with working tax credits, where they kept giving me those after I have told them 4 times of my change of circumstances, I kept proof of the letters and phone calls I made.... | |||
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"At the very least there's 6 billion letters to be printed, stuck in envelopes and posted. Surely that's an overestimate? You're right. It should have been 6 Million." Indeed! 6 billion would be a letter to everyone on the planet, except those in Africa (give or take a few..) | |||
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"Million or billion its bad news for many people. If it costs more to collect than its worth why don't the government let it slide." if the government didn't collect the money owed to them, there would be public outrage. they pursue it, there's outrage. by law the government must collect taxes owed to them - simple! | |||
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"The government can waive the obligation to collect taxes if they feel there was no intent by the taxpayer to defraud HMRC or if they believe there'd be genuine hardship if a tax debt was pursued. The genuine hardship is a hard one to define and tends to produce different outcomes in different parts of the counry." They seem to be far more liberal handing it out to people with open hands and a lack of intent to contribute them self to society. | |||
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"The government can waive the obligation to collect taxes if they feel there was no intent by the taxpayer to defraud HMRC or if they believe there'd be genuine hardship if a tax debt was pursued. The genuine hardship is a hard one to define and tends to produce different outcomes in different parts of the counry. They seem to be far more liberal handing it out to people with open hands and a lack of intent to contribute them self to society." Says "Libertine". | |||
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"The government can waive the obligation to collect taxes if they feel there was no intent by the taxpayer to defraud HMRC or if they believe there'd be genuine hardship if a tax debt was pursued. The genuine hardship is a hard one to define and tends to produce different outcomes in different parts of the counry. They seem to be far more liberal handing it out to people with open hands and a lack of intent to contribute them self to society. Says "Libertine". " You have 'Liberalism' confused with 'Libertine'. ~ From WikiPedia: " A libertine is one devoid of most moral restraints, which are seen as unnecessary or undesirable, especially one who ignores or even spurns accepted morals and forms of behavior sanctioned by the larger society. The philosophy gained new-found adherents in the 17th, 18th, and 19th centuries, particularly in France and Britain. Notable among these were John Wilmot, 2nd Earl of Rochester, and the Marquis de Sade. "Libertine" is defined today as "a dissolute person; usually a person who is morally unrestrained". Charles-Maurice de Talleyrand wrote that Joseph Bonaparte "sought only life's pleasures and easy access to libertinism" while on the throne of Naples" | |||
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"The government can waive the obligation to collect taxes if they feel there was no intent by the taxpayer to defraud HMRC or if they believe there'd be genuine hardship if a tax debt was pursued. The genuine hardship is a hard one to define and tends to produce different outcomes in different parts of the counry. They seem to be far more liberal handing it out to people with open hands and a lack of intent to contribute them self to society. Says "Libertine". You have 'Liberalism' confused with 'Libertine'. ~ From WikiPedia: A libertine is one devoid of most moral restraints, which are seen as unnecessary or undesirable, especially one who ignores or even spurns accepted morals and forms of behavior sanctioned by the larger society. The philosophy gained new-found adherents in the 17th, 18th, and 19th centuries, particularly in France and Britain. Notable among these were John Wilmot, 2nd Earl of Rochester, and the Marquis de Sade. "Libertine" is defined today as "a dissolute person; usually a person who is morally unrestrained". Charles-Maurice de Talleyrand wrote that Joseph Bonaparte "sought only life's pleasures and easy access to libertinism" while on the throne of Naples" No. I don't. | |||
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"At the very least there's 6 billion letters to be printed, stuck in envelopes and posted. Surely that's an overestimate? You're right. It should have been 6 Million." Turns out it's more than 6 million. My cheque came separate to the advisory letter (Btw, this was auto-calculated - I didn't apply as I had no reason to believe I was likely to be affected) | |||
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"They seem to be far more liberal handing it out to people with open hands and a lack of intent to contribute them self to society." When it comes to tax, and rebates, surely these ARE the people contributing to society? Otherwise they wouldn't have (over)paid tax in the first place... Or have I misunderstood this post? | |||
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"no doubt il be one of the ones who owe!! rather glad my nest friend is an accountant she can have a wee look at my paylines from last year etc and see if i owe anythin xx" blimey they must have overtaxed you if you have to live in a nest and share it with a friend. | |||
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"is it only affecting PAYE or are us self employed tax fiddlers gonna get a shock too?" Just PAYE - you cash in hand-ers are unaffected. | |||
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"Too right, I pay a slimey accountnat to ensure I pay the absolute minimum tax possible, he saves me a fortune (which I then spend on silly cars and Coke. Yay!)" Diet Cherry? | |||
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"Too right, I pay a slimey accountnat to ensure I pay the absolute minimum tax possible, he saves me a fortune (which I then spend on silly cars and Coke. Yay!) Diet Cherry?" Oh, of course, I'm a clean-living healthy lad,honest. | |||
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