I hope you're paying tax on your rental income NA otherwise we're losing out here to your criminal enterprise

( Light In Chains maker of the ikea sofa, Mon 2 Apr 2012, 13:17, 2 replies, latest was 12 years ago)

Everything is above board, thank you for your concern

( Naked Ape call me Caitlyn, Mon 2 Apr 2012, 13:21, Reply)

I hope you're not lying to me here

( Light In Chains maker of the ikea sofa, Mon 2 Apr 2012, 13:24, Reply)

*Charles and Eddie*

( Naked Ape call me Caitlyn, Mon 2 Apr 2012, 13:28, Reply)

This seems like a reasonable defence to the HMRC Inspectorate

( Light In Chains maker of the ikea sofa, Mon 2 Apr 2012, 13:43, Reply)

It annoys me that when they changed the VAT loophole that allows people in Jersey to sell CDs without paying VAT
they said that the treasury has been losing 130 million pounds a year.

They haven't been losing anything, if it's a legal way of not having to pay a tax then it's just the treasury's fault for having such a complicated tax system with so many easily exploited loopholes.
(Bazongaloid, Mon 2 Apr 2012, 13:23, Reply)

They are changing a law that was created in 1984
When no one was buying CDs from the internet.
( tangledupinblue hairy badge with moving eyes, Mon 2 Apr 2012, 13:25, Reply)

It doesn't apply just to CDs it is anything that was worth less than £15 or something like that.
Given that buying CDs is not a new idea letting it go on for this many years is just incompetence on their part.
(Bazongaloid, Mon 2 Apr 2012, 13:26, Reply)

From what I gleaned from half listening to the radio in the car this morning
It was initially created to enable Channel Island companies to sell items such as cut flowers on the mainland where the end user was likely to incur costs in collecting them. Removing the VAT balanced out this extra cost and allowed them to remain competetive.
Yes it was incompetent for previous governments to allow this to continue past it's relevance and allow companies to exploit the loophole by setting up subsidiaries in the Channel Islands. But New Labour at the time were a) experimenting with the Tory tactic of getting into bed with big business to try to remain in power; and b) too busy starting wars all over the place to bother about tax loopholes.
( tangledupinblue hairy badge with moving eyes, Mon 2 Apr 2012, 13:35, Reply)

Who even buys cD's?

( Naked Ape call me Caitlyn, Mon 2 Apr 2012, 13:25, Reply)

I bought three this month.
I give my friend a couple of CDs every month because despite owning a ludicrously expensive stereo, he only owns about 50 CDs. And one of them is a disco remix of the star wars soundtrack.
(Bazongaloid, Mon 2 Apr 2012, 13:27, Reply)

WE NEED ROOT AND BRANCH REFORM !!

( Light In Chains maker of the ikea sofa, Mon 2 Apr 2012, 13:29, Reply)

My neighbours tree is mostly dying
apart from the bit that I want to die as it's growing through our fence. I know I could chop it down, but I actually quite like the tree, just not the bit which is damaging my fence.
(Bazongaloid, Mon 2 Apr 2012, 13:35, Reply)

Diesel the roots, that'll learn the fucker

( Light In Chains maker of the ikea sofa, Mon 2 Apr 2012, 13:41, Reply)

stick a copper nail into it
it will mysteriously die. well, mysteriously provided that you remove the nail after the event. like trees that are the subject of TPO's all over the country.
( rachelswipe with a fork, Mon 2 Apr 2012, 13:50, Reply)