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MForstater's profile
Maya Forstater
Maya Forstater
Maya Forstater
@MForstater

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Maya Forstater

@MForstater

Business and sustainable development. Accountability. Tax. Feminist test case. Media: Tom Gardner at Slater & Gordon 0207 657 1690 press@slatergordon.co.uk

https://medium.com/@MForstater
hiyamaya.net
Joined September 2008

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    1. Dan Neidle‏ @DanNeidle 15 Jun 2018
      • Report Tweet

      A couple of journalists have asked me about the @HMRCgovuk #taxgap report, released today, and Richard Murphy's criticism of it. Murphy says HMRC "make the figures up". A quick thread on how fair is this (Spoiler: it isn't) https://assets.publishing.service.gov.uk/government/uploads/system/uploads/attachment_data/file/715742/HMRC-measuring-tax-gaps-2018.pdf …

      2 replies 2 retweets 14 likes
      Show this thread
    2. Mike Truman‏ @MATruman 15 Jun 2018
      • Report Tweet
      Replying to @DanNeidle @HMRCgovuk

      Where I think he’s had a point, when he’s explained more fully in the past, is that if people are not known to HMRC as traders at all, thus not easily caught bottom up (unknown unknowns) but their VAT can be caught top down, they’re bound to also be evading direct tax.

      2 replies 0 retweets 3 likes
    3. Michael O'Connor‏ @StrongerInNos 15 Jun 2018
      • Report Tweet
      Replying to @MATruman @DanNeidle @HMRCgovuk

      IMO fundamental flaw is *even* if shadow economy much larger than officially thought, wrong to attribute 'whole economy' tax rate to it 1/4 @JudithFreedmanpic.twitter.com/njdXjS4vlC

      3 replies 2 retweets 3 likes
    4. Michael O'Connor‏ @StrongerInNos 15 Jun 2018
      • Report Tweet
      Replying to @StrongerInNos @MATruman and

      Necessarily, v large component of shadow economy is small traders/businesses who will be below VAT threshold and effective rates nowhere near 33% 2/4

      1 reply 0 retweets 2 likes
    5. Michael O'Connor‏ @StrongerInNos 15 Jun 2018
      • Report Tweet
      Replying to @StrongerInNos @MATruman and

      e.g. windowcleaner or hairdresser making £500 cash a week entirely under radar liable to pay only 15% of it in income tax and NICS 3/4

      1 reply 0 retweets 1 like
    6. Michael O'Connor‏ @StrongerInNos 15 Jun 2018
      • Report Tweet
      Replying to @StrongerInNos @MATruman and

      Need to be dodgy accountant making £70k a year to get the rate of tax avoided up to 33%! 4/4

      1 reply 0 retweets 1 like
      Maya Forstater‏ @MForstater 15 Jun 2018
      • Report Tweet
      Replying to @StrongerInNos @MATruman and

      Yes and will be paying VAT, fuel duty etc.. on inputs and on consumption.

      7:38 AM - 15 Jun 2018
      0 replies 0 retweets 0 likes

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