Nobody has a duty, legally or morally, to pay more tax than that which is due. The responsibility lies with the government to ensure that everyone is taxed fairly, that taxes are properly collected and that loopholes are closed ia quickly as they are identified. Quite simple really, but not if said government and all their mates have got their snouts in the trough.
My experience is that overpayment results in a refund with interest paid. There's a difference, though, between paying what is due and only paying what you can get away with. Did you mean the former?
Absolutely the former.
Doesn't matter which government is in power, they will not overtax large businesses or corporations for fear they will up stumps and go elsewhere.
Me too. Anything else is cheating your neighbour, not the "taxman". If the system were more obviously fair and open, I'm sure many more people would think as you do!
It's also the responsibility of the government to reduce the tax burden and the less tax collected the less in the trough.
Because I believe that everyone should pay their fair share.
But why are you paying MORE?
Not necessarily. The first responsibility is the wellbeing of all its citizens. Some of the the "happiest" countries have a high tax regime. But that's not the point. The trough in the UK is kept nicely topped up, thank you, through "austerity" and cutbacks. Look back at the PPI frauds of the last few years (which are not being investigated or prosecuted) for examples of how our money is misused and creamed of to fill the pockets of Tory mates and cronies.
I'm not sure that a mechanism exists for paying more. If an inspection discovers an overpayment, it will be refunded with interest. And the contrary for underpayments. UK's hacienda is very even-handed in my experience.
TBF unless you are a massive business, super rich, a tax accountant to the super rich, or work in an avoidance or policy team at HMRC, you won’t really be particularly knowledgeable about tax avoidance schemes. The whole point in them is to find loopholes in the legislation and exploit them so people usually only find out about them when the proverbial hits the fan or when the media finds out that a celebrity is using one.
Nawaz, Hodge. It isn't just the Tory party enjoying the trough. If I was a voter in the UK I would be taking a very close look at Burnham. If anyone is lining his pockets it is him>
Just going on the replies made, paid more tax than need be but didn't receive any tax back plus interest?
Interesting. Yes I shall, although I pay my tax in the country where I earn my dosh.
Hang on Foxy, don't go slagging Andy off he did wonders for our town when he was mp here, he is a decent bloke who like the rest of us sometimes gets blinded by the light
I remember reading about a derelict building in Manchester where the homeless used to doss. Burnham got the police to move them on so a company could move in and renovate the building into luxury apartments. Did money change hands? Who knows. Politicians don't get rich by doing the right thing.,
It's under taxing them that is the problem. The UK is a big market for these corporations, they won't just up sticks and leave. "Sorry Amazon, you're going to have to start paying a normal level of tax." "Right, were off then!" Not gonna happen is it?
