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Old 04-03-2012, 10:57   #145
Ramrod
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Re: Pay frozen for third year running

Quote:
Originally Posted by Hugh View Post
Let's not forget David Miliband carries out this practice as well.
Interesting quote in that article:
Quote:
the famous verdict of Lord Clyde, the judge in a case brought by the Revenue against a "tax avoider" in 1929:

No man in this country is under the smallest obligation, moral or other, so 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 Revenue.


---------- Post added at 10:57 ---------- Previous post was at 10:14 ----------

Hmmm.......the silence is deafening
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