Jerry_Atrick Posted Monday at 12:32 PM Posted Monday at 12:32 PM Last financial year in the UK, I was a month late putting in my personal tax return. It was previously no big deal in the past, as if you were late with a tax return and you owed no money, or were due a return, the late filing fee was waived as they had lost nothing. I don't know when, as I have only been late once before, about 5 years ago, they brought in a change, where they would no longer waive the late filing fee, and for every day late, they would charge you penalty interest, compounding. Of course, muggins here didn't know about it, and as I received the late filing penalty of £100 before I submitted my return, I assumed it was duly waivered. Well today, not even a year after receiving the first penalty notice, and none in between, I received a message saying it was noe alost £1,000. OK.. I understand if I had a balance outstanding, but to impose such harsh penalties that compound when you don't owe them anything, is a complete scam, especially when you don't send intervening letters. For the first time today, I will just suck it up and pay after my accountant advised challening it is a waste of time around the new penalty systemj was introduced to make more money and nothing else. To be honest, it will hurt due to the cash flow being ou the red side fo the ledger thanks to this house refurb... But for others who have been caught out, it will be a lot more worrying.. and cause a lot of despair. For the first time, I thought, I just may vote reform at the next election as they have vowed to do away with this sort of thing as well as a tax changed made that rendered small independent contractors' business model obsolete overnight. And they wonder how these more extreme parties get a bigger following. 1 1 2
rgmwa Posted Monday at 02:58 PM Posted Monday at 02:58 PM 2 hours ago, Jerry_Atrick said: Of course, muggins here didn't know about it, and as I received the late filing penalty of £100 before I submitted my return, I assumed it was duly waivered. Well today, not even a year after receiving the first penalty notice, and none in between, I received a message saying it was now almost £1,000. Much better interest than your average bank rate! 2
facthunter Posted Tuesday at 12:32 AM Posted Tuesday at 12:32 AM I told you the English Justice system is in TATTERS. Lucky you are not in Belmarsh. Nev
Jerry_Atrick Posted Tuesday at 05:02 AM Author Posted Tuesday at 05:02 AM (edited) It's not unique to the Englis at the moment.. Look st what happens in Australia to whistle-blowers or YouTubers who mount constant challenges to givernments or big corporates, while alleged war criminals walk free without trial despite the damning evidence. It may be a reason the lurch to the right is happening all over. The fact Dutton even has a look in speaks volumes Edited Tuesday at 05:03 AM by Jerry_Atrick 1 1
facthunter Posted Tuesday at 05:24 AM Posted Tuesday at 05:24 AM He's strongly supported by the Majority of the Media. The PARTY HE belongs to only exist in Queensland. In the Other states it's a Coalition. Labor is Just Labor and the Greens attack it all the time. nev
spacesailor Posted Tuesday at 06:55 AM Posted Tuesday at 06:55 AM I lost an ' entire ' bank account to the Australian Tax office . For not putting in a return. When I was overseas. I had earned zero in tthe previous 18 months , And lived off other people , after this I had to go onto the NZ unemployment scheme. The ATO is out of control, as they say " you are guilty " untill you can prove your Innocence. Against Australian ' constitution ' . spacesailor 2
Jerry_Atrick Posted Tuesday at 07:10 AM Author Posted Tuesday at 07:10 AM Surely you were able to get it back? 1
spacesailor Posted Tuesday at 08:47 AM Posted Tuesday at 08:47 AM Not a cent ! . but I haven't paid them one cent tax since.. If I get a d oollar , I make certain it's paid ito a NZ citizen, in NZ currency. I don't mind paying my share .but that's not the way ATO works . 33% tax for blue collar workers . 30% tax for white collar workers. 20 % tax for the wealthy . Never had a 10% " superannuation " taken from ny gross wage , ( compulsory plus voluntary superannuation ) . My office worker sister-in-law had 12 to 15% deducted before tax. & always bragged about it . When she passed over a $million , plus the house , went to the " kennelcontrol / RSPCA " dogs . spacesailor 1
nomadpete Posted yesterday at 12:07 AM Posted yesterday at 12:07 AM 19 hours ago, Jerry_Atrick said: givernments or big corporates Hey I like that. Can I use it?
nomadpete Posted yesterday at 12:10 AM Posted yesterday at 12:10 AM 15 hours ago, spacesailor said: I don't mind paying my share .but that's not the way ATO works . 33% tax for blue collar workers . 30% tax for white collar workers. 20 % tax for the wealthy . You forgot to add.... ZERO % tax for the obscenely wealthy ! 2
facthunter Posted yesterday at 12:55 AM Posted yesterday at 12:55 AM The ATO don't DETERMINE the Tax Rates. Kerry Packer said "Paying TAX is Optional for the Wealthy".. The Billionaire Pays the same speeding fine as a pensioner . For one it's pocket money, for the other a disaster.. Nev 1 2
old man emu Posted yesterday at 03:14 AM Posted yesterday at 03:14 AM That's why I think demerit points are a much more equitable penalty than monetary fines.
spacesailor Posted yesterday at 04:22 AM Posted yesterday at 04:22 AM Untill you pay someone to collect " your penalty points " . If you don't own the vehicle your driving. Should the " chauffeur " pay ,when he's instructed to " get a move on " , the owner won't care . spacesailor
Marty_d Posted yesterday at 06:53 AM Posted yesterday at 06:53 AM 2 hours ago, spacesailor said: Untill you pay someone to collect " your penalty points " . If you don't own the vehicle your driving. Should the " chauffeur " pay ,when he's instructed to " get a move on " , the owner won't care . spacesailor Ask your chauffeur what he thinks.
spacesailor Posted yesterday at 07:55 AM Posted yesterday at 07:55 AM (edited) He is not getting any points off his licence . the vehicle owner is picking up the " expenses " ( fines ). Tax offset . spacesailor. PS. : next commercial flight , ask if the pilot, will ask the passengers to pay his fines . Edited yesterday at 07:58 AM by spacesailor PS added
Recommended Posts
Create an account or sign in to comment
You need to be a member in order to leave a comment
Create an account
Sign up for a new account in our community. It's easy!
Register a new accountSign in
Already have an account? Sign in here.
Sign In Now