TORIES AGAIN POINTING FINGER AT ORDINARY PEOPLE

Again the Conservatives – nicknamed Tories – attacking the ordinary people. The Treasury Minister David Gauke pointed the finger at tradesmen who take cash-in-hand. He stated that it is morally wrong because they avoid paying tax. These few pounds which are lost are nothing against the billions being transferred into tax havens.  Why is not the Treasury Minister going after them? Now there would be a train load coming back. The answer to this question is obvious and clear.

It was also pointed out that David Gauke worked for six years at Maxfarlanes which advertises openly that they are experts in producing “tax-efficient structures for big companies” which could only means one thing – Tax Havens. But here comes the sponge to wipe the slate clean. The Company stated that Mr Gauke was not in the "Tax" department.

Labour MP Graham Morris contemns Mr David Gauke’s statement as a complete hypocrisy. He added: “It is a smokescreen to divert attention from this government’s abject failure to legislate for a general anti-avoidance principle.

“This Government of millionaires continues to condone the activities of the very wealthy individuals and corporate interests who avoid paying their fair share of tax.”

There a great number of Minister in Parliament admitting they pay cash-in-hand.  For once there was also no white washing from Downing Street and an aide admitted that PM David Cameron paid cash-in-hand but he has never paid at any time in his life to help them evade their share of tax.

Although it was admitted that Mr Cameron paid in cash but the real point of the matter is that tradesmen name the price of their work and add VAT. Since Mr Cameron paid in cash-in-hand he did avoid VAT and so did the rest of them. It is the other way round the tradesmen doesn’t avoid the tax it is the consumer and this case the PM and ministers.

The VAT on a £100 job which most of them are is costing £20. Ordinary people don’t think once and say cash-in-hand but for the PM and his Ministers to do so is a disgrace because they wouldn’t even miss it. Plus they claim it as parliamentary expenses. Yet they open their mouth and criticizing the tradesmen.

When David Gauke moved house he claimed the stamp duty on parliamentary expenses.

He claimed just below £10,250 in “mortgage payments” on a second home in 2006-7, of which the duty was £8,550. In other words the taxpayers paid for it.

He was cleared of wrongdoing which isn’t a surprise and has not had to pay it back which isn’t again a surprise.

London Mayor Boris Johnson defiantly fuelled the Treasury’s anger more and admits that he certainly paid a lot of cash-in-hand.

£20TRILLION -- NOW £36TRILLION IN TAX HAVENS 2012 Updated 6 August, 2020

Update 6 August, 2020

Since Boris Johnson is the new PM there is very little information on many subjects leave alone about fortune in Tax Haven.

However, to be sure, it has doubled and trebled. 

One small report stated that during Pandemic there were fortunes made. It is no surprise since Chancellor borrows £blns for various funds but there is nothing to be seen off.

Funds for PPE, Ventilators, test, track and trace, NHS, were all contracted out with no or very little results.

Is it the contractors who are cashing in at a worst time with 60,000 death so far? We will never know the true facts because by now the Free Press and Information hardly exist any more.

Update 31 March, 2017
It is now assumed that Tax Havens could have as much as a staggering £90trillion. Even to retrieve half of the previously £36trillion would cancel the national deficit, rescue NHS, schools, cancel poverty, starvation and homelessness. What is the use to have these huge amount of money sitting there?

Updated 6 Nov., 2016 --

The new PM Theresa May already spoke about prosecuting Tax Avoiders but will it be another empty promise. After all the big ones are mostly Tory's donors and the money is mostly in British Isles. 

It most probably almost doubled or even trebled again by now and David Cameron still keeps promising, since 2010.


If Prime Minister David Cameron and Chancellor George Osborne would bring back only half the amount which is in Tax Haven it would wipe out the debts of Britain and show a great improvement in the economy and live of the people.  


The Fatcats would still have enough besides there are mostly their friends so what keeps Cameron from not to fulfil his promise to get firm with Tax Avoiders. It is because they are his friends and they would stop donate to Tory's coffers.  He let them take out £16trillion within two years and Osborne shouting about more Austerity and cut backs.  What about Austerity where it should be enforced?

AND THERE IS MORE

UPDATE:   23 November, 2014  --  The quoted £20trillion was in 2012 now with the great jump shown in the Telegraph Rich List it is nearing to £36trillion. Chancellor George Osborne announced that a new law will be passed through the House of Parliament. It will prosecute any Tax Avoiders who had deliberate avoided to pay tax.  This new law seems to have too many back doors. Beside tax avoidance was always a criminal offence.  Where is the difference apart from trying to look impressive. 

UPDATE: 9 December 2012  --  So far it is known that the Treasury prosecuted only one person of tax evasion out of 6000 cases. The public demands to name and shame them but the Treasury refuses to give the list of names, giving the excuse of privacy of taxpayers. These people are not tax payers but tax avoiders and therefore should not have the protection. PM David Cameron himself condemns it yet he does nothing about it. WHY? If the Treasury can prosecute one person they can do so the rest of 5,999 cases.

UPDATE 3 OCTOBER 2012 --  Has this government attempt to retrieve it since they revealed it themselves that there are £20trillion in tax havens? Surely everybody knows the answer.

A new research did find that the Super-Rich Global Elite have banked £20trillion in tax havens. No doubt there could be more which had not been discovered or accounted for.

Since the Prime Minister David Cameron had contempt the tax havens and people who using it will he stand by his words to bring them back to justice?

James Henry, who compiled the numbers for the Tax Justice Network, said: “The lost tax revenues are huge and enough to make a significant difference to the finance of many countries.”

He also discovered that the cash was moved around through an “industrious bevy of professional enablers”.  That man must be genius to be able to trace this money because these are highly professionals in every way.

It is now down to the Prime Minister to use this information especially since he brought in a new law of Tax Avoidance Clampdown. It was launched by Treachery Minister David Gauke. It had been linked to a Tory donor who was ordered to pay up £2million.

Another case was Hedge fund boss George Robinson who was ordered to pay his taxes on a Guernsey-based trust. He set it up but the judge ruled it was artificial

Well so far so good but will they pay up and only being ordered as it is the fashion of those big boys? Also will it be carried on and out sufficiently and not after a while slump into the back ground to be forgotten quietly? It seems the way when the big boys are up against it.  The same with the Libo interest fiddle which wasn’t a fiddle really but a fraudulent crime. When details start to emerge that even the Bank of England knew about it four years ago it died a sudden death because there would have been people in the top tree come to a fall. Under pressure the Prime Minister eventually agreed to an investigation but banned the two hardest inquisitors.  W H Y?

 Your thoughts and answers are as good as anybodies.

Nothing been heard of as it is the usual case.  The Prime Minister and the government has all the power in their hands to make them pay the outstanding tax back since there is prison for TAX EVASION. They imprison others well known people so why not retrieve £20 TRILLION?

UK PM CONTEMPT FOR TAX HAVENS - Updated 3 April,2017

Update 3 April, 2017 New PM May also made great announcements that she will retrieve Taxes from Tax Havens. So far it is estimated it had risen to approx. £90trillion during the last 16 years of Tory's rules. Evidence for another lie.

UPDATE: 26 February, 2015 - Now we can look back and see how much the courageous Prime Minister David Cameron and his crew retrieved. Have a guess.  Tax havens deposits have increased from £20trillion to £39trillion.  He has worked hard to retrieve money? It should have been easy because all Tax haven are British Isles.

UPDATE:  11 December 2013 - Already, announcements were made in the press that the government was not able to retrieve as much as they thought of the money put away in tax haven. The answer to this is that they most properly be all friends of the Conservative Party. Mr Cameron should not have shouted about it but first retrieved taxes and then shout about it. Furthermore his own father-in-law Viscount Astor has an account in Holland.  Mr Cameron could start there and being family would be easier to persuade Viscount Astor to return the unpaid taxes. How dare you laugh? What Cameron will not achieved this? You will be surprised.

You could laugh if it were not so despicable. Mr Cameron criticised several singers and entertainers for moving their money to tax havens. What about the BBC which advises its high earning celebrities to move their money into tax haven

Altogether there were about 1000 people whose earnings added up to £480,000 and it was moved to tax havens which is totally wrong and everyone would agree on that point. One of them is Gary Barlow who has received an OBE but the main point here is that Mr Barlow was a celebrity backer in the 2010 election. Aha, I hear you say another one of Mr Cameron’s wrongly chosen friends. 

Furthermore, Mr Cameron and his ministers emphasized several times during their election campaign that they cracked down on Tax avoidance.

Being confronted with these points at the Mexican summit Mr Cameron replied: “I have had time to read the Jimmy Carr scheme and it looks like straight forward tax avoidance.

“There is nothing wrong with people planning their tax affairs to invest in pension. But some of these schemes are quite frankly morally wrong.” According to his words of nothing being wrong with putting their money into pension at a tax haven such as Jersey would not; it follows on of ordinary people also be entitled to do the same. The taxes would accumulate at quite a rate and they receive a really good pension.

Mr Cameron also told the ITV News: “It is not fair for hard working people who pay their taxes to see these sorts of scams.” A very good answer but why were not these tax havens closed a long time ago. He does speak about his friends who are all top earners and big donors to the Conservative Party. It has been an open secret for a long time that most of the top earners move their money into tax heavens.  Was that the reason why Mr Cameron and his ministers did not follow through their pledge to stop it?

A very fine example and close to Mr Cameron was his own father. Apparently he used offshore investments and made a family fortune, officially £10million. He set up funds in tax havens such as Panama City and Geneva and according to rumours he spoke often about it that they remain outside the tax jurisdiction of the UK.  It is perfectly legal since the Great Margaret Thatcher done another awful thing to Britain and scrapped capital control in 1979. Ian Cameron, father of David Cameron, took advantage that any sum can be taken out of the country without being taxed.

There you are now with so many points contradicting Mr Cameron brave words and his pledge to close the tax havens. Surely he is aware that if he would do it there would be no donations or very little to the Conservative Party and the end of his reign would be near. So why promise?