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Stop "Consultant" Tax Avoidance

Submitted on Wednesday 3rd October 2012

Published on Thursday 4th October 2012

Current status: Closed

Closed: Friday 4th October 2013

Signatures: 5

Tagged with

Tax

Petition Action

Stop "Consultant" Tax Avoidance

Additional Information

There is a trend in recent years for those incertain professions, particularly I.T., to set themselves up as a ltd company to minimise the tax they pay. Anecdotally I hear of people paying themselves a minimum wage salary, with a large company dividend paid at a significantly lower taxation rate then the norm.
In addition, rents etc can be paid against tax, therefore reducing tax paid further.
Personally, I find this disgusting and think it should be stopped


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