Friday, 22 May 2009

Taxing Questions For MPs

It would be nice to think that Richard North, EUReferendum had picked up on my earlier post or that it was a case of great minds thinking alike - but one can dream; the government haven't taxed that yet!

Richard North has written about the Income Tax (Earnings and Pensions) Act 2003, section 292 and also linked to two tax sites, here and here, which raise some awkward questions for MPs on the question of income tax evasion.

As Richard North says, on the face of it, it would appear that MPs have (a) passed into law their own tax immunity, (b) ensured that they don't have to pay tax on something which the general public do and (c) thereby placed themselves above the law.

One of the tax sites linked to has asked 15 taxing questions, of which number 9 is quite intriguing in that it asks how culpable are the 6 MPs who sat on the Members Estimate Committee?

Together with Richard North, one can but wonder whether, by the time a few tax experts and lawyers have 'chewed the MP's fat' there could well be more 'payback time' coupled with 'enforced' resignations.

H/T: EUReferendum

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