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TAX

TAX. Helen McGhee 18 July 2014. Introduction. What is tax and why do we pay it? The great tax debate Avoidance Morality Tax and your career…..or a career in tax. But in the world nothing can be said to be certain except death and taxes. What is tax?.

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TAX

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Presentation Transcript

  1. TAX Helen McGhee 18 July 2014

  2. Introduction • What is tax and why do we pay it? • The great tax debate • Avoidance • Morality • Tax and your career…..or a career in tax But in the world nothing can be said to be certain except death and taxes

  3. What is tax? There is nothing that you do which has economic consequences where tax isn’t relevant Is tax simply the cost of living in a civilized society? How does tax work- the beer story Different types of taxes

  4. Some interesting statistics

  5. The great tax debate

  6. Tax avoidance and achanging landscape • General Anti Abuse Rule • What now?

  7. Tax, morality and politics “People vote Conservative because they want to pay less tax and people vote Labour because they want someone else to pay more” Paying your “fair share” Parliament has the ear of the red tops Simplification and transparency

  8. Tax and your career Owner Managed Businesses

  9. A career in tax • Lawyers • Accountants • Civil servants

  10. My story

  11. Any questions? Thank you for listening

  12. Contact Info Slide Helen V. McGhee Associate Chartered Tax Adviser 020 7655 1684 helen.mcghee@squirepb.com

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