Whats the news in this?
Big hotels company I worked for has the list of their companys on a screen in their reception, it flicks over seemingly forever.
A few hundred companys set up all "earning" under the 60k or so required so they dont have to be VAT registered.
People who earn large amounts in this country do not pay tax, we know this. While Jimmy Car made himself an easy target by being to cocky, we KNOW the majority of them do the same or use similar schemes.
I would suggest that most Politicos are in the same boat, set up as a limited company in the same way and thiething the country as much as everyone else is.
The trouble is its not something that the normal person can do, you need to bring in a certain amount to make it worthwhile, but after that its plain off shore sailing.
If you can afford a room full of accountants to manage the books on 3-400 little companys you can save billions in either not paying VAT or by not charging it to your customers while your competors do.
unless your a famous football manager, when you can end up in front of the beak and just laugh, plead ignorance and come out being polled as the next england football manager.
We laugh at Greece for not paying taxes and crying, but if the average UK tax slave realised that, actually, only little people do pay taxes then they would be crying too.