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Sorry to hark back to before the wank party - what did you mean by this? Through Seedrs Microcosm investors could qualify for I think EIS and SEIS. Those are schemes / tax reliefs run by the government to encourage investment, not tax avoidance. If the government offers a relief/reduces tax in some way, you’re not avoiding it.
Or did I miss out on something more exciting….?
t.o.-
Those are schemes / tax reliefs run by the government to encourage investment, not tax avoidance
Structuring your investment to use the scheme avoids tax. What Zahawi did was tax evasion, ie the tax is due but you just don’t declare or pay.
The grey area is things like film partnerships / Channel Islands / Lux / double Dutch where it’s technically legal but relies on aggressive interpretations of the law to achieve something policymakers didn’t intend.
NickCJ
Just like tax avoidance.
Don't forget that our great leader used a tax avoidance scheme to raise capital for microcosm and quite a few on here enthusiastically participated in it.