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March 24th, 2012 
FAKE NEWS for the Zionist agenda
By
Daily Mail Reporter
08:39 EST, 24 March 2012
|
08:44 EST, 24 March 2012
More than 30,000 nannies were thought to be working in England in 2009, which suggests childcare tax evasion costs the Treasury £57m a year
Families who pay a nanny in cash are to be targeted by the taxman.
The news will come as another blow to affluent families who were hit by an announcement in the budget – which means higher earners would lose £1,000-a-year in child benefits.
HM Revenue and Customs will try to claw back tens of millions from families who avoid paying tax and national insurance.
Under the crackdown families, from next year, will need to contact HMRC every time they pay their nanny, instead of just each quarter.
Accountants say many families wrongly assume nannies are self employed and pay their own taxes, but many are knowingly evading paying tax.
Many should be classed as PAYE and have their tax deducted from their wages. Parents may also have to make National Insurance contributions depending on the nanny’s circumstances and pay.
Parents caught breaking the law face repaying all missed taxes plus a fine equal to the same amount.
Individuals who are believed to already understand the rules, such as accountants or barristers, will face criminal prosecution.
In January Dave Hartnett, the Permanent Secretary for Tax at HMRC, told the Daily Telegraph that people who pay cash in hand to tradesmen were ‘diddling’ the economy and diverting money from hospitals and schools.
Personal company crackdown
High earners who are paid via their own companies rather
than direct from their employers face a crackdown on their tax arrangements,
Chief Secretary to the Treasury Danny Alexander said today.
The Government is to launch a consultation on plans to
tighten the rules on who can count themselves as effectively self-employed,
potentially avoiding income tax bills and instead paying corporation tax at the
much lower rate of 20%.
A review into the use of private service companies among
senior public sector officials is being led by Mr Alexander.
Proposals which would apply to the private sector as well
would mean that ‘office holders’ or ‘controlling persons’
would in future have to be taxed at source through PAYE.
The Times, which reported the move, said the changes could
have implications for television presenters such as Jeremy Paxman and Fiona
Bruce, and Labour’s mayoral candidate Ken Livingstone.
Liberal Democrat Mr Alexander told the paper: ‘Everyone
should pay their proper amount of tax.’
On Friday HMRC sources say extra money has been handed to tax officials from the Treasury to ‘tackle evasion, avoidance and fraud across the board’.
‘Most employers of nannies play by the rules, part of our normal work (is) to make sure that those who don’t are brought to book,’ a source told the newspaper.’
The source also said if the employer is not operating PAYE they were cheating their employee out of future pension entitlements.
According to tax rules, employers have a legal obligation to operate PAYE on the payments to employees if their earnings reach the National Insurance Lower Earnings Limit (LEL). For the current tax year this is £107 a week, £464 a month or £5,564 a year.
Evidence discovered by the Financial Times suggests many working parents save money by paying a portion of a nanny’s income through the books and topping it up, illegally, with cash.
Other practices found by the newspaper included sharing nannies or giving a nanny free accommodation in a caravan in the garden.
It is thought there are more than 30,000 nannies working in England alone – and a survey found a fifth of them worked without tax or National Insurance payments.
This adds up to the loss of tax of about £57m a year..
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Surely these people are knowingly breaking the law. So yes, this should be stopped. I was slf employed but I paid my NI and taxes and my employers kept records of what they paid me so it was all legitimate. Not difficult. And these “middle classes” you keep bleating about seem very arrogant if they think they can get away with anything.
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More highly educated women, trying to juggle work and child rearing will simply give up work – less cash for the state to waste – we need less waste and less taxes – we also need less of – oh it is me not being taxed thus yes I want more tax on other individuals but I will scream if they tax me
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I believe i read somewhere that if this country adopted a single tax rate across the board, IE; everyone paying the same rate. The tax income would double immediately. Surely thats fair.
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”Families who pay a nanny in cash are to be targeted by the taxman”
Surely this will have a knock on effect on the Traveling fraternity doing their drive resurfacing /Jobbing builders doing the odd job cash in hand on a regular basis. They won’t like that will they ? Paying taxes isn’t their scene.
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Can I sggest the HMRC take a look at the tax affairs of the travelling community next?
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what about au-pairs?
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nanny cash? everything done round here is always cash
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The UK’ s taxes are too high, too complicated, too uncompetitive. 50 years from now the UK will be an economic backwater because it is a nation that takes taxes from wealth creators and gives huge amounts to the feckless and undeserving. This is not a sustainable case for prosperity as our grandchildren will discover.
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they should be going after the corporations that they’ve been letting off for years.
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Tax evasion is breaking the law whether you are claiming benefits fraudulently or paying nannies ( or builders etc ) in cash. Either way it is wrong. But then dishonesty is almost the accpeted norm irrespective of one’s income level or perceived social class these days.
At the end of the day it is the innocent and the honest who end paying for the misdeeds of the guilty and the dishonest.
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