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Jimmy Carr Tax Loophole.

 
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mark occomore



Joined: 07 Dec 2006
Posts: 9955
Location: UK

PostPosted: Wed Jun 20, 2012 6:36 pm    Post subject: Jimmy Carr Tax Loophole. Reply with quote

This has been an out going news item over the last few days. It seems the stand-up comedian Jimmy Carr isn't the only celebrity trying to use an off shore trust to avoid paying what they earn in the UK. Carr is renowned to joke about people paying tax. It seems it's back fired. The good old saying ( people who live in glass houses)

http://www.bbc.co.uk/news/uk-politics-18521468

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Tax payers will be upset reading this if they spend their hard earn money.
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ruddlescat



Joined: 16 Sep 2010
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PostPosted: Wed Jun 20, 2012 6:55 pm    Post subject: Reply with quote

Of course I don't agree with Jimmy Carr's behaviour and don't even really like him but it would help if our Prime Minister didn't take such an embarrasing stand on this subject when more than half his Cabinet have in place offshore arrangements in order to protect their millions

There needs to be a huge clampdown on tax revenue losses through devices both legal and illegal Sad
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mark occomore



Joined: 07 Dec 2006
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PostPosted: Wed Jun 20, 2012 7:01 pm    Post subject: Reply with quote

Cameron could have opened the flood gates now with his comments. Could it be as big as the MP's expenses?
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mark occomore



Joined: 07 Dec 2006
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PostPosted: Wed Jun 20, 2012 7:04 pm    Post subject: Reply with quote

A lot of people also go and see Carr cause of his style of humour. Most wouldn't give a toss about his Tax affairs.
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ColinB
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PostPosted: Wed Jun 20, 2012 8:49 pm    Post subject: Reply with quote

ruddlescat wrote:
Of course I don't agree with Jimmy Carr's behaviour and don't even really like him but it would help if our Prime Minister didn't take such an embarrasing stand on this subject when more than half his Cabinet have in place offshore arrangements in order to protect their millions


Agreed. I thought Cameron's reaction was pathetic and misplaced. He's an idiot.
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Blondehedgehog



Joined: 16 Sep 2010
Posts: 286
Location: UK

PostPosted: Wed Jun 20, 2012 11:14 pm    Post subject: Reply with quote

Carr is a very strange looking guy.....I just get the creeps when he is on TV......................... Confused
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iwarburton



Joined: 08 Dec 2006
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Location: Northumberland

PostPosted: Thu Jun 21, 2012 7:53 am    Post subject: Reply with quote

It might be easier to criticise tax avoidance if the Government wasted less of what it takes in.

Ian.
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becky sharp



Joined: 01 Dec 2008
Posts: 5917

PostPosted: Thu Jun 21, 2012 8:01 am    Post subject: Reply with quote

Jimmy Carr .... "I've made terrible error over tax".....

In a series of messages on Twitter Mr Carr said: "I appreciate as a comedian, people will expect me to 'make light' of this situation, but I'm not going to in this statement"

"As this is obviously a serious matter. I met with a financial advisor and he said to me 'Do you want to pay less tax? It's totally legal'. I said 'Yes'."
"I now realise I've made a terrible error of judgement

"Although I've been advised the K2 Tax scheme is entirely legal, and has been fully disclosed to HMRC (Her Majesty's Revenue and Customs).

"I'm no longer involved in it and will in future conduct my financial affairs much more responsibly. Apologies to everyone. Jimmy Carr."

http://www.bbc.co.uk/news/uk-politics-18531008

A mighty quick turnaround...
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ColinB
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PostPosted: Thu Jun 21, 2012 8:28 am    Post subject: Reply with quote

Radio 4's "Money Box" presenter Paul Lewis posted an interesting tweet this morning:

@paullewismoney wrote:
"Tax evoidance: serious rule. If the scheme has only one purpose in real world which is to reduce tax then it is wrong and law should ban it. > so we should ban ISA's, there only purpose is to reduce tax?"


Yes, "there" should have been spelled "their" (Tut tut, Mr. Lewis).

I wonder how many of Cameron's cronies have been running for cover since the PM's silly comment yesterday?
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littlepieces



Joined: 10 Jan 2010
Posts: 1098
Location: Lowestoft

PostPosted: Thu Jun 21, 2012 8:34 am    Post subject: Reply with quote

Our Pm is a "bit of a plonk" if you ask me.The other thing i find amazing is how Carr has this amount of money when he is so unfunny
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ColinB
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PostPosted: Thu Jun 21, 2012 9:09 am    Post subject: Reply with quote

My wife used to like him on the telly, and then she worked at Argos she went to an charity awards do at the Dorchester Hotel in London. Carr was the star turn that night. His whole act was filled with expletives beginning with "f" and "c" which went down like lead balloon with the audience. She can't stand him now!
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becky sharp



Joined: 01 Dec 2008
Posts: 5917

PostPosted: Thu Jun 21, 2012 11:27 am    Post subject: Reply with quote

littlepieces wrote:
.The other thing i find amazing is how Carr has this amount of money when he is so unfunny
I read on-line he paid cash for his his double-fronted three-storey eight-bedroom 8.5million home in London.... Shocked ...how true that is I have no idea.
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ruddlescat



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PostPosted: Thu Jun 21, 2012 6:41 pm    Post subject: Reply with quote

I notice this evening that the PM is refusing to condemn the likes of Gary Barlow for engaging in similar financial behaviour

Oh but of course I almost forgot - he gets excused because of his wonderful services in the cause of the Jubilee - if Cameron really believes what he says perhaps he should think more carefully in future before he recommends some people for even today's much diluted honours Rolling Eyes
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nod



Joined: 24 Dec 2006
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PostPosted: Fri Jun 22, 2012 2:29 pm    Post subject: Reply with quote

ruddlescat wrote:
I notice this evening that the PM is refusing to condemn the likes of Gary Barlow for engaging in similar financial behaviour

Oh but of course I almost forgot - he gets excused because of his wonderful services in the cause of the Jubilee - if Cameron really believes what he says perhaps he should think more carefully in future before he recommends some people for even today's much diluted honours Rolling Eyes


An OBE for 'organising' one concert ? Rolling Eyes
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littlepieces



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PostPosted: Fri Jun 22, 2012 4:00 pm    Post subject: Reply with quote

Jim Davidson has defended Jimmy Carr...as if his week couldn't get worse
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ColinB
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PostPosted: Fri Jun 22, 2012 4:17 pm    Post subject: Reply with quote

littlepieces wrote:
Jim Davidson has defended Jimmy Carr...as if his week couldn't get worse


Davidson was on last night's "This Week". I think he made quite a good case, actually.

I notice that at no time has Cameron uttered any similar words of disapproval aimed at Saint Gary of Barlow, who also allegedly operates a K2 tax scheme. I wonder why? Perhaps he should have just kept his gob shut in the first place, the fool.
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mark occomore



Joined: 07 Dec 2006
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Location: UK

PostPosted: Fri Jun 22, 2012 5:56 pm    Post subject: Reply with quote

Strip Barlow of the OBE? Although he's not done anything wrong either.
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nod



Joined: 24 Dec 2006
Posts: 3555

PostPosted: Fri Jun 22, 2012 6:25 pm    Post subject: Reply with quote

mark occomore wrote:
Strip Barlow of the OBE? Although he's not done anything wrong either.


Did you see the concert ? He did a duet Wink
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ColinB
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PostPosted: Fri Jun 22, 2012 10:26 pm    Post subject: Reply with quote

mark occomore wrote:
Strip Barlow of the OBE? Although he's not done anything wrong either.


Who said anything about stripping Barlow of the OBE - especially if, by your own admission, he's done nothing wrong?
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ruddlescat



Joined: 16 Sep 2010
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Location: Near Chester

PostPosted: Fri Jun 22, 2012 10:43 pm    Post subject: Reply with quote

Or you could give Jimmy Carr the same honour just to even things up - it gives a whole new meaning to the well known phrase 'honour amongst thieves' Laughing
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nod



Joined: 24 Dec 2006
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PostPosted: Sat Jun 23, 2012 7:45 am    Post subject: Reply with quote

ColinB wrote:
mark occomore wrote:
Strip Barlow of the OBE? Although he's not done anything wrong either.


Who said anything about stripping Barlow of the OBE - especially if, by your own admission, he's done nothing wrong?


Labour I believe.
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becky sharp



Joined: 01 Dec 2008
Posts: 5917

PostPosted: Sat Jun 23, 2012 9:41 am    Post subject: Reply with quote

Very funny edition of Eight Out Of Ten Cats last night ...his fellow comedians had a real go at him...

Sean Lock kicked things off by saying: 'We all like to put a bit of money away for a rainy day don't we? 'But I think you're more prepared than Noah.'


http://www.channel4.com/programmes/8-out-of-10-cats/4od
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