The EU have been implementing an Anti-Tax Avoidance Directive and member states will have to implement these measures from January 1st 2019.

They are as follows: (source: Europa.eu)

Controlled foreign company (CFC) rule:
Controlled foreign company rule

Switchover rule: 
Switchover Rule

Exit taxation:
Exit taxation

Interest limitation:
Interest limitation 

General anti-abuse rule: 
General anti-abuse rule

WIth the release today of some people and their Tax Avoidance measures from the Paradise Papers: (source: The Guardian)

  • The Queen and millions of pounds from her private estate invested in a Cayman Islands fund
  • Tory Donor Lord Ashcroft and his $450million offshore trust

 Going back to 2016 and the release of the Panama Papers: (source: The Guardian)

  • David Cameron's Father avoided ever having to pay tax in the UK by hiring a small group of Bahamas residents to sign his paperwork

Then we have the Rothmere family, owner of the Daily Mail, on a list with (source: The Guardian):

  • Sir Stelios Haji-Ioannou, Easyjet
  • Sir James Dyson, vacuum cleaners
  • Laura Ashley, fashion

I've archived this page from the Daily Mail, which funnily enough has an article about companies in the UK that avoid paying tax: (source)

  • Boots
  • Apple
  • McDonald's
  • Vision Express
  • Starbucks
  • Thomas Cook

Then we have a list of Conservative donors: (source: East Devon Watch)

  • JCB Service – £1.5m. It’s owned by Anthony Bamford, who was not only named in the Panama Papers, but who operates JCB out of tax haven Bermuda.
  • John C Armitage – £1.1m. Armitage is the founder of Egerton Capital, a hedge fund that enables [xml] tax avoidance for investors.
  • John Griffin – £1.03m. Griffin and his private hire firm Addison Lee were caught up in a lobbying scandal in 2012.
  • Mark J. C. Bamford – £750,000. The younger brother of Anthony Bamford, owner of JBC Service, he was caught up in a row over a JCB subsidiary, JCB research, which, while only worth £27,000, was the biggest Tory donor in the run-up to the 2010 general election.
  • Andrew E Law – £525,000. Law is a hedge fund owner [paywall] whose firm Caxton Associates is registered in the US tax avoidance state of Delaware.
  • David J Rowland – £312,500. The Canary conducted a major investigation into Rowland in 2016, and described his offshore tax affairs as “mind blowing”.
  • Lord Michael Ashcroft – £500,000. Ashcroft has been involved in several tax avoidance scandals. He also co-authored the book at the centre of the David Cameron ‘Pig gate’ scandal.

Other Tory donors during the election period included:

  • Sir Henry and Lady Keswick – £150,000. Keswick’s company Jardine Matheson was linked to tax avoidance via Luxembourg and has numerous subsidiaries in tax haven Bermuda.
  • Charles ‘Julian’ Cazalet – £10,000. Cazalet is a non-executive director of NHS private provider Deltex Medical Group.
  • Malcolm Healey – £100,000. Healey was fined by HMRC in 2015 for making £8.6m [pdf] by using a tax avoidance scheme.
  • Bruce Hardy McLain – £100,000. McLain’s private investment firm CVC Capital Partners is currently embroiled in a £5m bribery and tax avoidance scandal involving Formula One.
  • Ayman and Sawsan Asfari – £100,000. Ayman is currently under investigation by the Serious Fraud Office. He also runs oil company Petrofac, which avoids tax via Jersey.
  • Rainy City Investments – £100,000. Owned by Peter and Fred Done, who were fined £800,000 by the Serious Fraud Office over money laundering allegations.
  • Investors in Private Capital Ltd – £150,000. Co-owned by James ‘Jamie’ Reuben, family friend of George Osborne, it paid no UK corporation tax in 2014, despite a turnover of £35m.

As you can see, there are a lot of influential people, with a lot to lose if we were to remain in the EU, or leave with a hard or soft Brexit and a transtion period.

Nevermind the fact that thousands of jobs will be lost, wages will fall by £2000 per head, per year, there will be no freedom of movement, no single market, and then prospect of the UK Governement's Power Grab, regarding the Great Repeal Bill.

Brexit is for the 1% and the 1% only.

 

Published in Politics

According to a survey that is being released tomorrow, 88% of brexiteers would sacrifice the Union, and the peace process in Northern Ireland, to make sure Brexit happens.

Source: http://www.thenational.scot/news/15567727.Nearly_90__of_England_s_Leave_voters_would_sacrifice_the_Union_to_ensure_Brexit_happens/

Published in Independence
Tuesday, 12 September 2017 21:21

And so it begins.....

Published in Politics
Tuesday, 12 September 2017 08:31

The Scottish Conservative MPs

Scotland's 13 Conservative MPs went agains the democratic vote of the 62%

They went against the best interests of Scotland, and voted for the EU Withdrawl Bill, which will contribute to taking powers from Holyrood to Westminster.

This is shocking. 

Published in Politics

Has the world gone mad? 

What on earth is wrong with people these days?

It's time independence supporters got wise, stopped feeding the trolls, stuck up for each other and prepare for what's coming, cause I believe things are going to get a lot worse.

You need to read this article:

DEFIAYE IS IN HOSPITAL TODAY. SHE HAS BEEN THE VICTIM OF HOMELESSNESS AND ‘AUSTERITY BRITAIN.’ SHE HAS ALWAYS KNOWN WHO WAS TO BLAME, BUT THE ONLINE BRITNAT TROLLS WHO HOUNDED HER ARE ONLY NOW SHOWING US HOW LOW THEY CAN GO.

DefiAye, a brilliant young artist and a star of the independence movement, posted on Twitter yesterday: “I’m so sorry. I had to do it. I’m being accused of benefit fraud. I can’t live in this world as it is.” Within the hour her friend Simone called the Police. She was discovered at her home and rushed to hospital, where she is now recovering in intensive care. Those who know DefiAye and follow her on social media will know she has only recently gotten out of homelessness and into a house of her own, and that, as a sufferer of a chronic and debilitating illness, she was recently summoned for a medical review that threatened to cut off what few benefits she had coming in.

https://randompublicjournal.com/2017/09/08/trolling-wee-brave-scottish-unionism-at-its-lowest/

Published in Politics

Brexit voters have responded angrily to news that EU diplomats are plotting to withdraw flagship agencies from Britain ‘within weeks’.

The Daily Express reported the move was a ‘Brexit punishment’ - despite admitting the loss of the European Banking Authority and the European Medical Agency (EMA) was inevitable after the triggering of Article 50.

Published in Politics
Sunday, 29 January 2017 18:14

Article 50 and The Sewel Convention

According to the seven judges that decided on the UK Government's appeal regarding allowing the MPs to vote regarding invoking article 50:

The Sewel Convention has no legal force.  Holyrood’s legislative powers can be over-ridden as and when the UK Government chooses.

David Mundell said this in May 2016:
"The permanence of the Scottish Parliament is now written in law, as is the Sewel convention, which states that the UK Parliament will not normally legislate in devolved areas without the consent of the Scottish Parliament".

Is it safe to assume that either the only Conservative MP in Scotland was ignorant, or not telling the truth?

At least now we know that when any of the #toryelectionfraudsters say Holyrood is a powerhouse parliament, that is a complete lie.

 

 

 

 

Published in Politics

SNP MPs have tabled the first four of the fifty amendments they have vowed to make to the UK Government’s Article 50 bill.

The UK Government published its bill for parliament’s approval to trigger Article 50 to leave the EU yesterday.

But it has faced down calls by opposition MPs and some of its own backbenchers to publish a white paper outlining its position on leaving the EU in more detail.

The four amendments tabled by the SNP today include asking for a UK-EU membership reset clause, meaning that if the Prime Minister fails to seek agreement from the European Council to approve the terms of exit for the UK, it will result in UK membership continuing on existing terms.

It adds an amendment that the Prime Minister must seek agreement of all members of the Joint Ministerial Committee on European Negotiation to an agreed UK wide approach to, and objectives for, the UK’s negotiations for withdrawal from the EU.

Another SNP amendment calls for EU nationals resident in the UK to be given a guarantee that they are entitled to stay here on the same terms as currently.

And the fourth amendment requires the Prime Minister to bring a white paper on the UK exiting the EU before both houses of parliament.

Alex Salmond, the SNP’s International Affairs spokesperson at Westminster, said: “The UK government may choose to treat devolved administrations with utter contempt but let it be clear that these amendments tabled by the SNP should show the Prime Minister that here, in Westminster, the SNP will lead the charge in bringing the hard Brexit brigade back to the House to answer over their lack of plans.

“These tabled amendments are to address some of the ongoing and abiding concerns of EU citizens, devolved administrations and respect for Parliament in its most fundamental and basic duty.

“The pressure is piling on Theresa May when she returns from her jaunt to cosy up to Donald Trump. She should prepare for the SNP putting forward an effective opposition."

Source: https://www.holyrood.com/articles/news/snp-tables-first-four-amendments-article-50-bill

Published in Politics
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