For instance there’s a thing called Business Asset Disposal Relief (used to be called
entrepreneur’s relief (ooh err missus) and it gives anyone a reduced rate of Capital Gains Tax of 10% (soon to be 14%) instead of 18% minimum. This is when an individual sells off assets in their own company. You get a £1m lifetime allowance at this rate.
And then of course there’s the well known pension contributions route, if people can afford to do it.
There’s dividends.
Loads and all legal
Posted By: Augustus Pablo on March 25th 2025 at 22:21:54
Message Thread
- SAS:Who Dares, doesn’t pay any tax. Just £1m of money that could’ve gone towards the Army (General Chat) - Augustus Pablo, Mar 25, 20:27:30
- 🤮 wonder how much tax goes unpaid by the wealthiest (General Chat) - footymadman, Mar 25, 20:58:02
- And there are an incredible amount of perfectly legal schemes which can be used to avoid (General Chat) - Augustus Pablo, Mar 25, 21:18:58
- Is that still the case? (General Chat) - SimonOTBC, Mar 25, 21:26:50
- For instance there’s a thing called Business Asset Disposal Relief (used to be called (General Chat) - Augustus Pablo, Mar 25, 22:21:54
- Indeed. It’s almost as if it’s designed that way (n/m) (General Chat) - Legacy Fan, Mar 25, 21:25:13
- Is that still the case? (General Chat) - SimonOTBC, Mar 25, 21:26:50
- I don't understand why this question (General Chat) - CauldRon, Mar 25, 21:04:12
- Exactly. I guess power is mainly in the hands of the wealthy perhaps (n/m) (General Chat) - footymadman, Mar 25, 21:10:28
- It's our money though. Where the fuck does it all go bud?? (n/m) (General Chat) - Goosebumps, Mar 25, 21:16:57
- Exactly. I guess power is mainly in the hands of the wealthy perhaps (n/m) (General Chat) - footymadman, Mar 25, 21:10:28
- And there are an incredible amount of perfectly legal schemes which can be used to avoid (General Chat) - Augustus Pablo, Mar 25, 21:18:58
- I’d wear paying 1m in tax as a badge of honour- what a scumbag (n/m) (General Chat) - Jumbo1, Mar 25, 20:36:01
- I can assure you that the novelty wears off (n/m) (General Chat) - Old Git, Mar 25, 20:51:51
- Pay me to be your chauffeur (General Chat) - jamesward, Mar 25, 21:05:17
- I run a tight ship James (n/m) (General Chat) - Old Git, Mar 25, 22:38:55
- Perhaps you can avoid tax by investing in a mobile based food and beverage business? (n/m) (General Chat) - Jumbo1, Mar 25, 21:01:58
- Can I see your HMRC EIS clearance please? (n/m) (General Chat) - Old Git, Mar 25, 22:39:23
- if i win the euros tonight i'll be able to invest. (General Chat) - Chris Peacock, Mar 25, 21:14:05
- If you ever come down to Two Wheel Tuesday at Old Buckenham I really must show you (General Chat) - Augustus Pablo, Mar 25, 21:13:27
- Civer cat shit? (n/m) (General Chat) - protheroe fitzgibbon, Mar 26, 08:05:22
- I will only use fresh local quality ingredients and uphold the highest hygiene standards (n/m) (General Chat) - Jumbo1, Mar 25, 21:16:44
- Are SunnyD’s local ? (n/m) (General Chat) - Augustus Pablo, Mar 25, 21:29:32
- 💯- Mine are from the co-op Brundall (n/m) (General Chat) - Jumbo1, Mar 25, 21:31:07
- Are SunnyD’s local ? (n/m) (General Chat) - Augustus Pablo, Mar 25, 21:29:32
- i think the key trick to the mobile food truck business is to have a sideline (General Chat) - Tombs, Mar 25, 21:13:00
- haha (n/m) (General Chat) - Chris Peacock, Mar 25, 20:57:19
- Lolf (n/m) (General Chat) - Jumbo1, Mar 25, 20:54:53
- Pay me to be your chauffeur (General Chat) - jamesward, Mar 25, 21:05:17
- I can assure you that the novelty wears off (n/m) (General Chat) - Old Git, Mar 25, 20:51:51
- 🤮 wonder how much tax goes unpaid by the wealthiest (General Chat) - footymadman, Mar 25, 20:58:02
Reply to Message
In order to add a post to the WotB Message Board you must be a registered WotB user.
If you are not yet registered then please visit the registration page. You should ensure that their browser is setup to accept cookies.