Money Money Money

Politicians are very fond of messing about with this and that. So I thought it was time for the Taxpayer to have a go. I don't give a sod, how many "crooks and murderers" the silly sods let in. The more the Merrier. The only thing I would recommend, is that the Taxpayers Stop Paying Tax. And it is all Legal. Politicians do it all the time.

Tuesday, September 05, 2006

 

STILL LEARNING THE TECHNOLOGY.

However do people pick up this Computer lark so quickly ? You see little children at school, banging away at a keyboard, and you wonder, why the bloody heck can't I do that ?

Still, it has taken me about fourty years to pick up the Direct Taxation dodges that have come my way. And I wasn't really looking to avoid Taxation

It was a French Algerian accountant that showed me how simple it is to avoid almost any but the very smallest of Demands for Payment. I can't remember the man's name, but he worked for a company called "Comex", it was an off-shore service company for oilfield exploration and development. Don't forget this was when Harold Wilson was Prime Minister, and exchange controls and money was very regulated. Why, you where only allowed to take £50. abroad for a holiday. Business had to justify its off-shore spending in no uncertain terms.


For the life of me, I could not understand why, a French Company, even one part owned by the French Government, would lumber theirselves with all the rules and regulations. So I asked them. It turns out that although it is a French owned British Company, all the French have to do is sit back and let the British take on the Contracts with the American Oil Companies, pay the Daily Running Costs , of the business then, when the time is right, Submit an Invoice for the hire of Premises and Equipment, making sure that the Invoice covered the Total Profit on any Job or Contract. ALL the Profit. In that way, ALL Taxation is Avoided.

Have a think about it. Those French are not that daft you know. They do understand which way is UP.

And now I want you to have the chance to Stick two fingers up to Westminster and Whitehall. Tell them just what they can do,with their TaxDemands, but Your Money, they ain't going to get. Ever Again

Keep Smiling Folks, soon be Christmas. Regards, ATF.

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http://en.wikipedia.org/wiki/Transfer_pricing
 
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