UK General Election 2024 (or 25)

Betfair trading & Punting on politics. Be aware there is a lot of off topic discussion in this group centred on Political views.
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greenmark
Posts: 6265
Joined: Mon Jan 29, 2018 2:15 pm

Derek27 wrote:
Sun Apr 16, 2023 3:51 pm
greenmark wrote:
Sun Apr 16, 2023 3:36 pm
Archangel wrote:
Sun Apr 16, 2023 3:26 pm
Your chance of surviving heart attacks, strokes, cancer etc actually depends on who is in power!

Time for change
Erm. Isn't the most salient word on that graph "covid"? Even the govt no longer factor 2020 etc into their long term figures because they are so skewed by covid. Thats just my analysis (which could well be wrong).
There would only have been a third of the Covid deaths had Labour been in power. :)
Possibly.
Covid seems to be over without the media trumpeting it. Sure 200 a week are succumbing but that seems to be the best we can expect. Still feel sorry for the vulnerable. It's just an unavoidable persistent new risk on top of flu etc. C'est la vie eh?
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firlandsfarm
Posts: 3316
Joined: Sat May 03, 2014 8:20 am

Derek27 wrote:
Sun Apr 16, 2023 3:51 pm
There would only have been a third of the Covid deaths had Labour been in power. :)
Really, I thought it would have been none!
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Archangel
Posts: 2008
Joined: Thu Jun 27, 2013 3:03 pm

greenmark wrote:
Sun Apr 16, 2023 3:36 pm

Erm. Isn't the most salient word on that graph "covid"? Even the govt no longer factor 2020 etc into their long term figures because they are so skewed by covid. Thats just my analysis (which could well be wrong).
Yes of course you are correct Covid is a factor. Although who was in charge then probably didnt help!

https://www.youtube.com/watch?v=n3NAx3tsy-k
Archery1969
Posts: 4478
Joined: Thu Oct 24, 2019 8:25 am

At least I won’t be paying any taxes and national insurance when Labour come to power. 🤠
greenmark
Posts: 6265
Joined: Mon Jan 29, 2018 2:15 pm

Archangel wrote:
Sun Apr 16, 2023 6:09 pm
greenmark wrote:
Sun Apr 16, 2023 3:36 pm

Erm. Isn't the most salient word on that graph "covid"? Even the govt no longer factor 2020 etc into their long term figures because they are so skewed by covid. Thats just my analysis (which could well be wrong).
Yes of course you are correct Covid is a factor. Although who was in charge then probably didnt help!

https://www.youtube.com/watch?v=n3NAx3tsy-k
To be brutally honest I don't think the govt did a 'bad' job with covid but I guess the ongoing inquiry will establish some sort of truth. Well, maybe.
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firlandsfarm
Posts: 3316
Joined: Sat May 03, 2014 8:20 am

Archangel wrote:
Sun Apr 16, 2023 6:09 pm
Yes of course you are correct Covid is a factor. Although who was in charge then probably didnt help!
Please let us see your proof that they didn't help and for comparison what another Government would have done that would have been better without assumption and conjecture (and hindsight!).
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Archangel
Posts: 2008
Joined: Thu Jun 27, 2013 3:03 pm

Archery1969 wrote:
Sun Apr 16, 2023 6:17 pm
At least I won’t be paying any taxes and national insurance when Labour come to power. 🤠
How come?
Archery1969
Posts: 4478
Joined: Thu Oct 24, 2019 8:25 am

Archangel wrote:
Sun Apr 16, 2023 10:08 pm
Archery1969 wrote:
Sun Apr 16, 2023 6:17 pm
At least I won’t be paying any taxes and national insurance when Labour come to power. 🤠
How come?
Retiring next April overseas.
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Derek27
Posts: 25159
Joined: Wed Aug 30, 2017 11:44 am

greenmark wrote:
Sun Apr 16, 2023 9:12 pm
Derek27 wrote:
Sun Apr 16, 2023 8:23 pm
greenmark wrote:
Sun Apr 16, 2023 8:04 pm

Why did you shunt my post from the "UK General Election 2024 (or 25)" thread to this thread? The "I thought it was a joke" is lame.
Because this is the place for jokes. :)
OK. How about keeping jokes on here and political opinion on the thread it was originally posted on. But if you like, respond to that opinion on there rather than act with contempt for someone else's opinion that differs from your own?
But do me a favour and either reply on the original thread or via PM. Let's not let a tiff pollute this thread. Yeah?
I saw the humour in the joke as, allowing thousands of elderly people with Covid back into their care homes to infect and kill more people wasn't a bad job!
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Archangel
Posts: 2008
Joined: Thu Jun 27, 2013 3:03 pm

Archery1969 wrote:
Sun Apr 16, 2023 10:44 pm
Archangel wrote:
Sun Apr 16, 2023 10:08 pm
Archery1969 wrote:
Sun Apr 16, 2023 6:17 pm
At least I won’t be paying any taxes and national insurance when Labour come to power. 🤠
How come?
Retiring next April overseas.
They have tax in other countries too
Unless you plan to take your fortune to a tax haven :)
Archery1969
Posts: 4478
Joined: Thu Oct 24, 2019 8:25 am

Archangel wrote:
Sun Apr 16, 2023 11:42 pm
Archery1969 wrote:
Sun Apr 16, 2023 10:44 pm
Archangel wrote:
Sun Apr 16, 2023 10:08 pm


How come?
Retiring next April overseas.
They have tax in other countries too
Unless you plan to take your fortune to a tax haven :)
I will be in Canada with property left to me by my Canadian uncle and income via private pension.

There are many legal tax loopholes. The pension will be paid in a certain way as not to raise red flags but perfectly legal.

In the UK I earn via a limited company but only paid £9,100 as not to break the employee/employer contribution allowance, the rest is paid via dividend at only 8.75% but there is another legal loophole there too.

On paper corporation tax doesn’t kick in so I earning well but instead of paying 29% in total am only paying a fraction.

It pays to have a partner who works for PWC.

The UK tax rules are rather pathetic with more holes than any in the G20, have been for the past 35 years.

Is it morally correct, no but is it all legal, yes.

🤠
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Derek27
Posts: 25159
Joined: Wed Aug 30, 2017 11:44 am

And there's greenmark complaining that I don't pay for a TV licence. :lol:
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firlandsfarm
Posts: 3316
Joined: Sat May 03, 2014 8:20 am

Archery1969 wrote:
Mon Apr 17, 2023 12:10 am
There are many legal tax loopholes. The pension will be paid in a certain way as not to raise red flags but perfectly legal.

The UK tax rules are rather pathetic with more holes than any in the G20, have been for the past 35 years.

Is it morally correct, no but is it all legal, yes.

🤠
Good on you Archery1969, I was a tax adviser in my earlier life and was always driven by Lord Clyde ...

“No man in this country is under the smallest obligation, moral or other, so as to arrange his legal relations to his business or to his property as to enable the Inland Revenue to put the largest possible shovel into his stores. The Inland Revenue is not slow — and quite rightly — to take every advantage which is open to it under the taxing statutes for the purpose of depleting the taxpayer's pocket. And the taxpayer is, in like manner, entitled to be astute to prevent, so far as he honestly can, the depletion of his means by the Inland Revenue.”

Ayrshire Pullman Motor Services and Ritchie v. IRC (1929)

This came about because the IR Commissioners actually claimed that APMS had deliberately arranged their affairs to reduce the amount of tax. It's called tax avoidance and by case law it's legal. Don't concern yourself with morality Archery1969, HMRC don't apply the law with morality.
sionascaig
Posts: 1611
Joined: Fri Nov 20, 2015 9:38 am

Mind you Rangers Football club tried to do something similar (tax avoidance) and it didn't end to well.

(and due to over zealous policing we, the tax payer, also picking up the costs of that, +£30 million and still counting for malicious prosecutions)

There also used to be a loophole that allowed you to retire to France and not pay any tax on pensions for a few years, then switch back to UK etc. No free movement of people now though so presume its a lot harder these days, if at all still possible.
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firlandsfarm
Posts: 3316
Joined: Sat May 03, 2014 8:20 am

sionascaig wrote:
Mon Apr 17, 2023 8:17 am
Mind you Rangers Football club tried to do something similar (tax avoidance) and it didn't end to well.
The Court ruled against Rangers and therefore their action was not legal and therefore did not meet "so far as he honestly can".
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