Hazel Grove Forum

A Suburb in Stockport

10 10 / 10 from 9 Reviews

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Mozza posted..

[QUOTE=OliverJohnstone]I am not aware of how he has avoided tax.

As I have mentioned in earlier comments, he paid full UK tax on his receipts from Blairmore which as a fund would not have paid tax in the UK either. Funds can be based abroad for regulatory purposes as well as for tax purposes.

Gifting inheritance tax is not classed as tax avoidance because it is an actively encouraged and legally supported practice, not taking advantage of loop holes or aggressive accounting practices.[/QUOTE]

Oliver, this is madness that you don't see it.

He's taken the moral high ground, and been found he's up to it too.

If I had millions of £s, I'd probably do the same thing..the point is he's trying to stop others from doing this stuff.

Tax avoidance - the arrangement of ones taxes to minimise tax payments.

Do you honestly think his mum gave him two payments, after the first one, which was just under threshold, as a nice pressie? You're really more blue tinted glasses than I thought.