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Tax freeloading
Oct 24, 2008, 11:25 AM
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Richard
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Oct 24, 2008, 11:25 AM
And Closer doesn’t just promote the country’s hard-working business women.
Every cloud has a silver lining, and the magazine reports that as the recession forces down the price of non-essential items ‘Britain’s biggest freeloaders’, Tracey and Harry Crompton, can now buy bigger and better Christmas presents for their 10 kids with their £32,656 per year state benefits.
Equivalent to £46,500 gross income according to Closer; although you might want to check those figures - where's my Whillans?
While, I presume, that none of us would want to see people going without life’s essentials, I always wonder whether this sort of news actually enhances one’s faith that our tax monies are being well spent and, instead, tends to undermine HMRC’s efforts to encourage tax compliance.
So as you fight the dog for that last sausage roll on Boxing Day and debate whether you can afford to put another lump of coal on the fire, it will no doubt bring a warm glow to your heart to know that your hard earned tax monies have brought a smile to the Crompton kiddies' little faces as they each reportedly unwrap their own Nintendo games console.
Oops, sorry kids – I may have spoiled your surprise there – and you thought it was Father Christmas bringing you those.
In fact, as taxpayers, I guess we have a share in those as well so after you please; Super Mario by the way.
More about tax on gifts in Taxation.co.uk.
Every cloud has a silver lining, and the magazine reports that as the recession forces down the price of non-essential items ‘Britain’s biggest freeloaders’, Tracey and Harry Crompton, can now buy bigger and better Christmas presents for their 10 kids with their £32,656 per year state benefits.
Equivalent to £46,500 gross income according to Closer; although you might want to check those figures - where's my Whillans?
While, I presume, that none of us would want to see people going without life’s essentials, I always wonder whether this sort of news actually enhances one’s faith that our tax monies are being well spent and, instead, tends to undermine HMRC’s efforts to encourage tax compliance.
So as you fight the dog for that last sausage roll on Boxing Day and debate whether you can afford to put another lump of coal on the fire, it will no doubt bring a warm glow to your heart to know that your hard earned tax monies have brought a smile to the Crompton kiddies' little faces as they each reportedly unwrap their own Nintendo games console.
Oops, sorry kids – I may have spoiled your surprise there – and you thought it was Father Christmas bringing you those.
In fact, as taxpayers, I guess we have a share in those as well so after you please; Super Mario by the way.
More about tax on gifts in Taxation.co.uk.
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