IMGpapers

Newspapers of the International Marxist Group and its forerunners, 1968–1988

Tax avoidance- what you're missing

Red Weekly No. 78, 28 November 1974 · p. 2 of the scan · 400 words

The scan: rw-no78-nov-28-1974.pdf (PDF, Marxists Internet Archive, opens at this page)

Uncorrected machine reading. This text was read by machine (Apple Vision OCR) from a scan of a newspaper page, and the page was cut into articles by machine, at the headlines found by their type size. Nothing has been corrected: expect misread words, text from a neighbouring article, and titles that are the machine reading of the headline, some of them only fragments. Quote from the scan, not from this page.
How this article was cut and titled: headline found by type size in the OCR geometry (split_tabloid.py); 4-6 of 6; machine-segmented newspaper page; uncorrected Vision OCR.

page 2 of the scan

Most workers object to paying income not going to be much help to them. tax, After drudging away on a hospital ward, sticking the grind of the assestbly line or slogging their guts out on the coal face, they resent a chunk of their wages being ripped-off to pay for what they have produced anyhow.

If you feel that way, perhaps you pught to get in touch with Nicholas Buser, who is a director of Investment ets. and Property Studies. Mr Buser runs a racket on tax-avoidance, He and his colleagues organise 30 to 40 one-day conferences each year called Tax arcidance the opportunities now?

For the small sum of E40 you can slip along to the Royal Lancaster Hotel next session 3 December- lo pet wised up by a barrister and a tax expert, After cocktails and a £2.50 a-head lunch, you can sit back and leara the 80 Guidelines to Business Tax Planning. This is then bollowed by 40 Ideas for Personal Tax Mitigation and 20 Savings from Transactichs There are some problems, however, for workers. Very few murses have investments abroad, nor is that a field shy business folk we do not know. into which ancillary workers and shop assistants have plunged their L20 to E25 a week net wages. So the tax fiddles on overscas investments are Nor is it likely that car workers, coal miners and railway workers will he able to off-set their working exp enses against business costs. The com pany Rolls Royce, the West-End pen bouse flat for entertaining, and the secretarial expenses allowed for the wite are just not claimable by work.

Nor can workers look forward to a booze-loading, free gorging session paid for by the company. Although you could ask the management to send you -all expenses paid — as a delegate, they are unlikely to see any point, since you won't be eligible for these contrived fiddles. Besides, If you could get in and learn what our betters' are doing, it might spoil their patriotic image.

Not surprisingly, some delegates attend incognito. Their names are not on the delegates fist, nor do they wear the conference nante badges Whether or not these are some of our more wealthy Labour MPs or But we appreciate it does make sciling the social contract a little harder if you get caught with your hand stuck in the national till

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