Sort-of memes that are cracking you up at the moment

he probably gave it to his wife. I would.

Dude? No need.

In my working day I'm trying to help improve the lives of others less fortunate than myself, you're working in an industry that does the exact opposite... #notameme

Anyone who has insurance, or a pension is investing offshore.

I have neither, what do I win? Oh, yeah, being fucked over by the tories. What a prize

Etonian cunt

This makes me uncomfortable, judging someone so harshly based on the school their parents have sent them to.

Just as we don't shouldn't judge some inner city school kid for going to a shitty underperforming state school that their parents sent them to.

David Cameron has done enough to warrant calling him a cunt without reference to Eton.

except if his parents (and others like them) had paid their tax bill could they have:
a) afforded to send their crotchfruit to fucking eton and
b) possibly improved the facilities for an inner city kid going to the local comp.

nailed it.

Anyone who has insurance, or a pension is investing offshore.

No they don't. Pensions funds, more often than not, have very strict rules about where they can be invested.

While it may be possible to invest in funds that lure offshore, they are not offshore in the tax-dodging sense - all realised gains and income from pension are taxable.

You might point it that investing in pension defers income tax, and may result in a lower effective marginal rate over a tax payer's lifetime though. So, on that respect, it is tax avoiding. But not the same league as offshore shell companies governed by bearer bonds, the sole purpose of which is to obfuscate beneficiaries and avoid any tax anywhere.
And paying for insurance is not investing...

Of course I'd agree with that, but it's not relevant to my point.

This forum has invested Teenslain offshore.

excellent :')

Probably not the place but funds in places like Ireland are highly regulated and bearer shares are now illegal (not sure about bearer bonds). They are very vanilla structures.

In my days at work I spend my time helping society catch those that want to take advantage of those less fortunate.

#dontjudgesoreadily

You're a vanilla structure.

Ah don't worry they find other ways to be corrupt see NAMA

7 million on an isle of man bank account :)

your vanilla a structure

Sigh

While it may be possible to invest in funds that lure offshore, they are not offshore in the tax-dodging sense - all realised gains and income from pension are taxable.

Cameron's 'offshore' investment was exactly this too. He paid the appropriate taxes (nil, since the gain was less than the CGT threshold) when he sold the shares and brought the money back onshore.

In this regard it isn't different to buying and selling normal (onshore) shares, in that you only pay the appropriate taxes when you sell the things (not just for holding them); and only if you've gained enough (which he didn't anyway).

This isn't what people should be getting annoyed about.

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You fucks have desecrated the meme thread.