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‘Sweetheart’ deal between HMRC and Goldman Sachs was struck to save Government embarrassment #disgrace
English: Logo of The Goldman Sachs Group, Inc. Category:Goldman Sachs (Photo credit: Wikipedia)
Disgraceful and leaves a bad taste in the mouth for the honest UK ‘mug’ taxpayer.
Commonsense, just commonsense #UK #Osborne #UKuncut
sound advice from the #FCA #interestrates #0 #banks #economy #pensions
Goldman Sachs New World Headquarters (Photo credit: Wikipedia)
Over 1 million Brits will face interest-only mortgage shortfall.
Interesting and no doubt sound advice from the FCA (Financial Conduct Authority, not the Fellowship of Christian Athletes, I assume)
Although sadly it’s a bit like Goldman Sachs not paying any tax, a failure by authorities to understand who is paying for the mess of the past few years.
Yes its middle England mug taxpayer AGAIN. This is the guy who works for 8-10 hours a day, pays all his taxes on time not to mention his inflation capped energy bills (NOT), fines, council taxes, road taxes, school fees, airport departure taxes, airport landing taxes, health care bills, insurances….the list goes on.
So thanks for the thought from the FCA, my advice would be to save a little more each month to pay off your mortgage.
What? You haven’t got any spare cash left at the end of the month?
My advice would be, stay at home on the dole, watch TV all day and get all your bills paid for you.
Related articles
Tax man sends builders’ merchant into administration Ι Construction Enquirer #banks #BaselII #BOE #Cable #UK #lending #bankofdave
Vince Cable MP addressing a Liberal Democrat conference in the ACC, Liverpool (Photo credit: Wikipedia)
Tax man sends builders’ merchant into administration Ι Construction Enquirer.
So while non doms etc get away with paying no tax, HMRC has decided in its infinite wisdom to send a British contractor into administration, no doubt resulting in job losses which will eventually weigh on the ‘mug’ middle class taxpayer, through extra job seekers allowance and benefits!
Time for the government to stand up and really take a good look at themselves.
The Bank of England is funding the banks with almost free money, which they are stashing away to meet the ‘moronic’ Basel III demands.
So while these banks refuse to lend, British business is falling down a slippery slope creating unemployment etc.
Last night the Bank of England suggested that interest rates could stay at 0.5% until the end of 2014.
That means that anybody who has spent a lifetime being ‘prudent’ and has built up a savings pot, is seeing their lifetime savings being eroded away by rampant REAL inflation, not the fictitious 2.5% official figure.
Time also, for Mr Cameron etc to stop bleating on about the position that the last Labour government left the country in. Whilst it may be true it is NOW history and such we have to move on.
Extreme austerity measures are just NOT working and the government must quickly realise this. The bank lending scheme is NOT working and Vince Cable must quickly understand this.
Common sense, don’t keep flogging a dead horse!
Related articles
A question of morality #desperate #money #economy
Deal or No Deal (UK game show) (Photo credit: Wikipedia)
So here’s an interesting question.
When is it ok to make a lot of money and pay no tax? Seemingly when it suits the government to allow it to happen.
It would appear that “immoral tax arrangements” have been in place for years before the economy spiralled into recession. Now that governments and banks are on their knees, who can they turn to for more cash.
Governments can turn on the tap, to come and milk the middle classes again. Just to remind you, these are the people who pay their taxes on time, send their kids to school, spend and save wisely, pay their car tax, heating bills, school fees, council tax, parking fines, speeding fines, tube fares, bus fares, congestion tax, mortgages….etc etc etc…(nearly all of which increase yearly, by far more than the rate of inflation)
Banks can likewise impose banking fees, on those who have some money on deposit in their accounts, attracting little or no interest and pay all their bills electronically and have been forced to bank online.
BUT wait, now there is a question of morality. Having milked the middle classes, governments are now turning to the very RICH!
These are the people who often have no “fixed” abode, choosing to live in many different countries. They pay little or no tax due to adroitness of their accountants and financial advisors.
Who can governments turn to next? Footballers, ‘celebrities’, TV presenters? Is it immoral to make a lot of money playing football, being an X factor judge, presenting I’m a celebrity?
Is it immoral for Channel 4 to hand out prize money of up to £250,000 daily, TAX FREE on Deal or no Deal? For goodness sake, you don’t even need to be educated as there are no questions to answer!
Fortunately for Mr Osborne and chancellors that will follow him over many decades to come, the list is quite long………
Related articles
- Morality and Expiring Tax Cuts on the Top 2% (atheistethicist.blogspot.com)
- The Government Is Helpless, Bankrupt and Immoral. (economicnoise.com)
- 25 Questions Society needs to answer before getting out of the Scum Hole (real-agenda.com)
If you want to sort out the economy, start by taxing the right people #starbucks #HMRC
Roll credits (Photo credit: Mark J P)
BBC News – Starbucks ‘paid just £8.6m UK tax in 14 years’.
Why the taxman has got it wrong.
1) Formula 1
2) Celebrities
Common sense and fairness please, Mr HMRC
It’s also worth stating that these practices seem to have been going on for a number of years, so you could ask the question “what was the last government doing whilst this tax avoidance was going on?”
Too busy balancing the books, I suppose?!?!
Common sense, don’t run the economy without it!
Related articles
- Starbucks have paid no UK tax since 2009 (standard.co.uk)
- Starbucks ‘slips the taxman with astonishingly low tax bill’ (express.co.uk)
- HMRC urged to get tough over tax (bbc.co.uk)
- Google, Starbucks and Amazon’s tax arrangements are “immoral”, say MPs (standard.co.uk)
Savers have hit for £70bn as printing money ‘helps rich’ admits Bank of England #behindthecurve #BOE #eurocrisis
The Bank of England in Threadneedle Street, London. Deutsch: Sitz der Bank von England in der Londoner Threadneedle Street. (Photo credit: Wikipedia)
A staggering admission from The Bank of England, leaves the average reader totally dumbfounded as to why there is no change in direction over monetary policy.
Evidently, according to our great leader at The Bank
‘Without the Bank’s asset purchases, most people in the United Kingdom would have been worse off. Economic growth would have been lower. Unemployment would have been higher. Many more companies would have gone out of business. This would have had a significant detrimental impact on savers and pensioners along with every other group in our society.’
Well to be honest, if The Bank keeps up the same policy, that is exactly where we are heading, into a deeper and deeper downward spiral.
Common sense, put up interest rates NOW!
Related articles
- Even in recession the rich get richer: Savers have been hit for £70bn as printing money ‘helps rich’ admits Bank of England (dailymail.co.uk)
- Bank of England admits some pensions ‘adversely affected’ by QE as rich get richer (express.co.uk)
- Bank of England’s stimulus plan ‘lined pockets of the rich’ – Belfast Telegraph (belfasttelegraph.co.uk)
Interserve confirmed winner of Corby Link Road Ι Construction Enquirer
Logo Labour Party UK (Photo credit: Wikipedia)
Interserve confirmed winner of Corby Link Road Ι Construction Enquirer.
How is it, that costs of infrastructure projects are now being estimated substantially below the levels of the past decade?
This project to build the new A43 Corby Link Road is 1/3 below initial cost estimates.
Although this project is a mere £24m, it goes someway to explain why the UK government has a huge budget deficit. Ministers in charge of large infrastructure projects lost touch with reality and simplistically handed over open checkbooks to constructors.
So while the taxpayer overpaid, the UK plc and it’s shareholders benefitted. So is it time to redress the balance and impose a one-off windfall tax on huge companies, that have been reaping huge rewards as a result of Labour incompetence?
Not sure it would go down too well, although it would help to reduce the deficit.
Millionaires hit by dreaded ‘mansion tax’ #ukbudget
Semi-detached houses in Croydon for sale (Photo credit: Wikipedia)
Property News | Millionaires hit by dreaded ‘mansion tax’.
To be honest, if you’re an Estate Agent in London selling properties north of £2m, I’m not sure you’ve got too much to be worried about.
Take it from me, the ‘super-rich’ don’t care that a house will cost them an extra £140K of stamp duty.
And let’s face it if you’ve got £10m to splash out on your pad, what’s another £700K stamp duty?
After all, John Terry can earn that much in 6 weeks.
Common sense, don’t buy a £2m mansion without it.
Related articles
- Stamp duty soars on homes over £2m (independent.co.uk)
- Stamp duty: Estate agents voice fears as plug is pulled on the rock star’s property trick (independent.co.uk)
- Closing Stamp Duty loophole should just be the start (redbrickblog.wordpress.com)
- Estate agents warn that stamp duty raid could hit all homeowners (independent.co.uk)
