{"id":10134,"date":"2012-05-09T02:00:00","date_gmt":"2012-05-08T19:00:00","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/ten-things-you-need-to-know-about-tax\/"},"modified":"2016-04-07T10:32:57","modified_gmt":"2016-04-07T03:32:57","slug":"ten-things-you-need-to-know-about-tax","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/ten-things-you-need-to-know-about-tax\/","title":{"rendered":"Ten things you need to know about tax"},"content":{"rendered":"


\nThe UK’s tax system is fiendishly complicated. Are we right to be outraged at how the rich avoid paying it? Why should we hand over our cash to the exchequer, is it right to punish pasty-lovers \u2013 and could we create a fairer system?’Taxes are the price we pay for civilisation,” said the great US supreme court justice Oliver Wendell Holmes. Perhaps, but sometimes it seems that those of us who can’t afford clever accountants or offshore havens are paying the most for it. We poor saps don’t know about such tax avoidance schemes as double Luxembourgs, Dutch sandwiches or Irish branches. Worse yet, we can’t afford to hire people who know about them \u2013 probably because so much of our disposable incomes disappear in taxes. Is it only me who’s spotting the irony?Ken Livingstone set up a company to reduce his tax bills and several members of the prime minister’s Business Advisory Group legally minimise tax exposure through offshore avoidance schemes while Cameron promises to clamp down on tax avoidance. Last week it was reported that 2,000 public sector officials are being paid through private companies, following an investigation begun when it came to light that one civil servant was paid a \u00a3182,000 salary with no deductions for tax or national insurance. Continue reading…
\n
\nSource : theguardian.com
\nRead more…Ten things you need to know about tax<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

The UK’s tax system is fiendishly complicated. Are we right to be outraged at how...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-10134","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-2Ds","jetpack-related-posts":[{"id":2907,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/sweden-where-tax-goes-up-to-60-per-cent-and-everybodys-happy-paying-it\/","url_meta":{"origin":10134,"position":0},"title":"Sweden: Where tax goes up to 60 per cent, and everybody's happy paying it","date":"November 16, 2008","format":false,"excerpt":"\r The British want taxes kept low, but Gwladys Fouch\u00e9 discovers that in Sweden high rates underpin a successful societyPolitical parties have been vying to offer the biggest tax cuts as the credit crunch tightens its grip on Britain. In their view, low taxes are now the best way to\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":117806,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/rishi-sunaks-capital-gains-tax-review-may-usher-in-higher-taxes-on-wealthy\/","url_meta":{"origin":10134,"position":1},"title":"Rishi Sunak's capital gains tax review may usher in higher taxes on wealthy","date":"July 15, 2020","format":false,"excerpt":"\r Chancellor\u2019s directive to focus on how people escape CGT \u2018feels like starting pistol for a tax grab\u2019, says analystA review of capital gains tax ordered by the chancellor could open the door to higher taxes for the wealthy, analysts have said.Rishi Sunak said on Tuesday that he wanted the\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":14550,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/tax-cuts-dependent-on-surplus\/","url_meta":{"origin":10134,"position":2},"title":"Tax cuts dependent on surplus","date":"May 27, 2016","format":false,"excerpt":"\r Finance Minister Bill English says the Government will consider paying off debt more slowly in order to afford tax cuts - despite identifying debt repayment as the top priority in the Budget.Speaking to reporters after a post-Budget...\r \r Source : nzherald.co.nz\/Property\r Read more...Tax cuts dependent on surplus","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":75337,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/homeowners-rush-to-pay-2018-taxes\/","url_meta":{"origin":10134,"position":3},"title":"Homeowners rush to pay 2018 taxes","date":"December 27, 2017","format":false,"excerpt":"\r Tenafly, NJ Mayor Peter Rustin discusses how residents are pre-paying their tax bill because of the new tax law.\r \r Source : cnbc.com\r Read more...Homeowners rush to pay 2018 taxes","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":5376,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/pension-tax-relief-cut-its-not-just-the-ultra-rich-that-will-be-hit\/","url_meta":{"origin":10134,"position":4},"title":"Pension tax relief cut: 'It's not just the ultra-rich that will be hit'","date":"December 5, 2012","format":false,"excerpt":"\r Mark Dampier of Hargreaves Lansdown says the impact of the \u00a310,000 cut in the annual tax-free limit will hit many saversMark Dampier admits he's lucky to be able to afford to put \u00a350,000 a year into his pension, but is furious at the \u00a34,500 tax charge he faces paying\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":44768,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/baby-boomers-dont-deserve-to-be-punished-letters\/","url_meta":{"origin":10134,"position":5},"title":"Baby boomers don\u2019t deserve to be punished | Letters","date":"February 20, 2017","format":false,"excerpt":"\r I was incensed when I read Phillip Inman\u2019s article Baby boomers, pay your dues (14 February). I am shocked at the bad feeling and bad publicity towards pensioners in the media. I was born in 1944 and cannot remember a time, as now, so hopeless for the workers of\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/10134"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=10134"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/10134\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=10134"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=10134"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=10134"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}