Topic: The 2020 Formula 1 Thread

[Clayton Bigsby]

Find it weird people defending him for tax dodging, he pays some tax, so what he doesn't pay the same percentage as the generally low paid key workers he was so keen "to be seen" to champion.

Putting aside the knighthood talk, I agree this is weird. He is avoiding tax, not evading, so in essence what he is doing is perfectly legal, and I know he must have the best CTAs and ACAs that money could buy so good for him but people have a right to call it out. They should call out everyone though

[TheMissionary]

No sports people, entertainers, artistes, deserve knighthoods or MBEs or awards at all.  They get enough reward as it is.

Meanwhile, doctors, nurses, firemen, coppers, paramedics, coastguards, armed services, teachers, dinner ladies, medical researches......... I haven't seen the whole list so it's a genuine question, did any of the British people who developed the vaccine receive an award? 

Where's that stool so I can get down off this high horse?

[Graeme]

Does anyone know approximately how much he avoids in UK taxes by living in Monaco? Roughly?

[WhereAngelsPlay]

Does anyone know approximately how much he avoids in UK taxes by living in Monaco? Roughly?

He doesn't avoid tax though does he.

[voodoo ray]

I don't think there's any income tax levied on residents of monaco by its government.

[sminp]

I’d love to know how so many of you have access to Hamilton’s tax affairs?

[Ashburton]

Does anyone know approximately how much he avoids in UK taxes by living in Monaco? Roughly?

You pay taxes based on where you live.  He lives in Monaco and pays taxes based on their rules, so he's not avoiding tax because he doesn't have a UK tax obligation.

[Graeme]

It think the question I was asking was fairly obvious. I was wondering, with his current estimated earnings, how much tax would he pay if he lived in the UK.

[.adam]

You pay taxes based on where you live.  He lives in Monaco and pays taxes based on their rules, so he's not avoiding tax because he doesn't have a UK tax obligation.

Haha. Fuck me.

[Welshred]

It think the question I was asking was fairly obvious. I was wondering, with his current estimated earnings, how much tax would he pay if he lived in the UK.

It's difficult to tell isn't it? He doesn't earn all of his money within the UK.

[IgorBobbins]

Find it weird people defending him for tax dodging, he pays some tax, so what he doesn't pay the same percentage as the generally low paid key workers he was so keen "to be seen" to champion. Why not simply say yes he's a prick for not fully paying taxes but what a driver he is, easy enough.
Anyway, any sport where you can pay to "play" can't really be classed as a real sport, as someone said in here it is a hobby for rich people and boring as fuck to boot.

Nice of you to come into the Formula 1 thread to tell us that 

[Clayton Bigsby]

It think the question I was asking was fairly obvious. I was wondering, with his current estimated earnings, how much tax would he pay if he lived in the UK.

We wil never know really. We can defo say millions due to his extreme wealth but even a rough figure is impossible

[voodoo ray]

£37.10

[Tesco tearaway]

£37.10

You're a bit late; Kesey has already counted his penny jar.

[Romford_Red]

I thought we did away with the Accountants thread.

[west_london_red]

You pay taxes based on where you live.  He lives in Monaco and pays taxes based on their rules, so he's not avoiding tax because he doesn't have a UK tax obligation.

The sad irony is the NHS has been most underfunded in the North East above all other parts of the country, so these medics will no doubt be needed in the NE's own surge planning over the next few days and weeks.

I tried staying out of this topic I really did, but at this point I cant stop myself. May I politely suggest that if wealthy people actually stayed in this country and paid their fair share of taxes rather then fucking off to places like Monaco things like the NHS wouldn’t be so underfunded?

[El Lobo]

Lock in 3....2....1....

[west_london_red]

Lock in 3....2....1....

Well we do need a 2021 topic!

[CraigDS]

I tried staying out of this topic I really did, but at this point I cant stop myself. May I politely suggest that if wealthy people actually stayed in this country and paid their fair share of taxes rather then fucking off to places like Monaco things like the NHS wouldn’t be so underfunded?

Wait so rich people have to stay but if Karen down the road wants to move to Oz or the US that’s fine?

If I was minted I’d not live in the UK. Nothing to do with tax, everything to do with climate.

[west_london_red]

Wait so rich people have to stay but if Karen down the road wants to move to Oz or the US that’s fine?

If I was minted I’d not live in the UK. Nothing to do with tax, everything to do with climate.

Oz and US ain’t tax havens for one, how well has Karan done out of this country compared to a leading and very wealthy sportsman? Does Karan benefit commercially from the support that British people have given her that helps her earn the millions she does.

[CraigDS]

Oz and US ain’t tax havens for one, how well has Karan done out of this country compared to a leading and very wealthy sportsman? Does Karan benefit commercially from the support that British people have given her that helps her earn the millions she does.

Your point wasn’t about tax havens though - you said rich people should stay in this country and pay taxes.

[west_london_red]

Your point wasn’t about tax havens though - you said rich people should stay in this country and pay taxes.

‘Places like Monaco’ I’ll try and spell it out more clearly next time.

[Welshred]

Oz and US ain’t tax havens for one, how well has Karan done out of this country compared to a leading and very wealthy sportsman? Does Karan benefit commercially from the support that British people have given her that helps her earn the millions she does.

I'm guessing that as a black man Lewis Hamilton has had absolutely fuck all help from this country to get to where he is.

[CraigDS]

‘Places like Monaco’ I’ll try and spell it out more clearly next time.

Well I replied to this and you said they should stay in this country to pay taxes. It doesn’t matter if it’s Oz or Monaco, if they move they aren’t paying taxes here.

[WhereAngelsPlay]

I tried staying out of this topic I really did, but at this point I cant stop myself. May I politely suggest that if wealthy people actually stayed in this country and paid their fair share of taxes rather then fucking off to places like Monaco things like the NHS wouldn’t be so underfunded?

If companies paid their fair share of tax then the NHS wouldn't be underfunded or even better if the Gov didn't waste so much money on bullshit projects that go nowhere then the NHS wouldn't be underfunded.

In short it has fuck all to do with where a sports personality decides to live.

[west_london_red]

Well I replied to this and you said they should stay in this country to pay taxes. It doesn’t matter if it’s Oz or Monaco, if they move they aren’t paying taxes here.

Let’s not pretend the motivations for moving to somewhere like Australia and a tax haven are usually the same.

[WhereAngelsPlay]

Let’s not pretend the motivations for moving to somewhere like Australia and a tax haven are usually the same.

Monaco is much safer for 1.

[CraigDS]

Let’s not pretend the motivations for moving to somewhere like Australia and a tax haven are usually the same.

So if he moves to Australia and doesn’t pay taxes here you’re fine? Because that isn’t what you said.

[west_london_red]

Monaco is much safer for 1.

F1 drivers, bankers, tax exiles tend not to snatch purses, can’t argue with that!

[Clayton Bigsby]

I'm guessing that as a black man Lewis Hamilton has had absolutely fuck all help from this country to get to where he is.

I would respectfully disagree. The UK is nowhere near as bad for ethnic minorities as made out in my opinion and my personal lived experience.

This tax argument is rather circular. I think he is taking the piss,others have this Rob this England mentality. I don't think either camp are gonna change each others mind.

[west_london_red]

So if he moves to Australia and doesn’t pay taxes here you’re fine? Because that isn’t what you said.

I can’t keep spelling everything out for you, agree or disagree that’s fine but I can’t argue over fucking semantics with you every time I post something.

[Welshred]

I can’t keep spelling everything out for you, agree or disagree that’s fine but I can’t argue over fucking semantics with you every time I post something.

So why did you post again and restart the argument?

[WhereAngelsPlay]

F1 drivers, bankers, tax exiles tend not to snatch purses, can’t argue with that!

[TepidT2O]

I started a new thread...


Let’s leave 2020 bickering in there eh?

[west_london_red]

So why did you post again and restart the argument?

It never actually stopped to be fair, the debate (and that’s what it should be, argument is a bit strong for my liking) carried on without me!

[Daniel Cabbaggio]

He's brought in a lot more in than he's taken out