Welcome to Barry's Blog and my ramblings on various current events and family news.
Monday, 28 January 2013
There is a lot of hot air being spouted by politicians on the vexed question of company taxation.In a tax case in1929 the celebrated Scottish judge Lord Clyde made the
following pronouncement : "No man in the country is under the smallest
obligation, moral or other, so to arrange his legal relations to his business or property as to enable the Inland Revenue to put the largest possible shovel in his stores. The Inland Revenue is not slow, and quite rightly, to take every advantage which is open to it under the Taxing Statutes for the purposes of depleting the taxpayer's pocket. And the taxpayer is in like manner entitled to be astute to prevent, so far as he honestly can, the depletion of his means by the Inland Revenue"
I am a retired Consulting IT Specialist. I have been married to Julia for 41+ years and we are blessed with four children; David, Andrew, Lawrie and Helena. I am currently in the third year of the formal formation programme which, God willing, will lead me to Ordination in the Permanent Diaconate of the Catholic Church.