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Not bad for a pension.

Started by: gaffer (8359) 

The chief executive of HM Revenue & Customs (HMRC) will retire with a six-figure pension despite presiding over the worst customer service levels on record, calculations suggest.
Sir Jim Harra stepped down from his role this month after almost six years in the top job, bringing an end to his 41-year career with the tax office.
Calculations for The Telegraph estimate he will exit the tax authority on a £107,000-a-year pension rising annually with inflation, along with a £278,000 tax-free lump sum.

Started: 23rd Apr 2025 at 16:17

Posted by: PeterP (12289)

At least he served for over 40 years . There are some top people in parliament who get that sort of payment for months and other people in the water industry get that as a bonus for allowing raw sewerage to pollute our country

Replied: 23rd Apr 2025 at 16:40

Posted by: tonker (29471) 

Like Peter said, that's not really a lot compared with some ridiculous amounts given to some who've not done much to deserve it. I don't think they should get that lump-sum though, but he'll have paid his contributions to get that pension. It represents a salary of around £160,000 a year.
My old mate, Tommy (aye, he's dee-ud naaah, reet!) got £62,000 redundancy from t'watter booerd, and he was only a ground-worker! Top bosses at the pit didn't get that much.

Replied: 23rd Apr 2025 at 17:59

Posted by: cheshirecat (1620) 

Fair play to him if he has contributed to his company pension.

He deserves every penny if he has paid in to it..

I do believe the civil service pension scheme employer contributions are exceptionally good.

Gaffer.
It's not the customer service levels that the HMRC should be concerened about, it's the customers who work cash in hand and avoid paying tax whom they should be concerened about. If they clamped down on that, we would all benefit

Replied: 23rd Apr 2025 at 19:16

Posted by: Billinge Biker (2956) 

Noses in the trough yet again.,..

Replied: 23rd Apr 2025 at 19:53

Posted by: tonker (29471) 

They're at it in every establishment, BB. However, I thought the phrase "noses in the trough" was reserved for members of the party political brigade?

Replied: 23rd Apr 2025 at 20:21

Posted by: Owd Codger (4181)

They are no longer all in the establishment, but now also in all sections of society!

Replied: 23rd Apr 2025 at 20:43

Posted by: tonker (29471) 

As I said earlier, ".... in every establishment".

Replied: 23rd Apr 2025 at 21:25

Posted by: tomplum (14426) 

And ALL of those can put a good case forward for why, they deserve it then, go on the explain why there's a need to cut benefits and Winter fuel allowance for the plebs,,,,

Replied: 23rd Apr 2025 at 21:29

Posted by: a proud latics supporter (7165)

Cheshire Puss said:

"It's not the customer service levels that the HMRC should be concerned about, it's the customers who work cash in hand and avoid paying tax whom they should be concerned about. If they clamped down on that, we would all benefit"

I don't think being paid 'Cash in Hand' is a problem anymore for the HMRC, because over the last 50 years or so, there as been a move away from 'direct taxation' (income tax) to 'in direct taxation' (vat, duties, stealth taxes etc) in order to tax people on what they spend, rather than on what they earn, and the income tax threshold, personal allowance, at 12,570 takes a lot of those traditional 'cash in hand' workers out of paying income tax, but they put up VAT to 20% to make up for the shortfall in tax receipts, hence shifting the tax collection from 'direct' to 'indirect taxation' because it is nye on impossible to avoid paying 'indirect taxation'

Replied: 23rd Apr 2025 at 22:29

Posted by: cheshirecat (1620) 

"I don't think being paid 'Cash in Hand' is a problem"
Are you serious, Tommy?

What about the hard workers that are paying direct tax ( PAYE) and they are penalised again because VAT has been raised to 20% to make up for the shortfall in tax receipts!

So, the non declaring cash in hand jobbers avoid paying income tax.

And, as a consequence, the honest, hard working, law abiding people have to subsidise the selfish tax evaders.

Honest worker pays 20% / 40% income tax, plus 20% vat on what they spend.
Cash in hand worker ( assuming they don't declare it! ) Nil income tax, just 20% vat on what they spend!

So do you still think "I don't think being paid 'Cash in Hand' is a problem anymore" ?


Replied: 23rd Apr 2025 at 23:09

Posted by: tonker (29471) 

VAT is 16.66% of what you spend. Laaaaike!

Replied: 23rd Apr 2025 at 23:48

Posted by: Handsomeminer (3085)

HMRC another organisation the Tories messed up

Replied: 24th Apr 2025 at 06:27

Posted by: PeterP (12289)

Tonker if there are in the UK 3 levels of VAT 20% 5% and 0% how do you work out VAT at 16-66% of what you spend Please enlighten me

Replied: 24th Apr 2025 at 08:57

Posted by: Owd Codger (4181)

Is there anything that the present lot have not messed up in only nine months?

Both as bad as each other and time for revolution at election time!

Replied: 24th Apr 2025 at 09:02
Last edited by Owd Codger: 24th Apr 2025 at 09:41:13

Posted by: tonker (29471) 

Peter ...... say you buy an item for £100 plus VAT - you pay the seller £120 ...... You've spent £120 in total. £100 for the item and £20 VAT.
20 is 16.66% of 120.
It follows that the VAT is 16.66% of what you spent.

A VAT registered business owes 16.66% of whatever they take to HMRC, and that 16.66% is not classed as business income, because it never belongs to the business. It's mandatory to register for VAT collection if you take £90,000 a year or more.
A business taking £100,000 a year owes £16,665 to HMRC.

Replied: 24th Apr 2025 at 09:39

Posted by: a proud latics supporter (7165)

Tonker

But what about the input tax and output tax, as in a seller pays on VAT goods for resale, and then charges VAT on the goods when they are sold, the VAT man, then wants the VAT on the profit made on the VAT of the goods bought for resale, hence that weird VAT calculation

Replied: 24th Apr 2025 at 09:55

Posted by: a proud latics supporter (7165)

Tonker

But what about the input tax and output tax, as in a seller pays on VAT goods for resale, and then charges VAT on the goods when they are sold, the VAT man, then wants the VAT on the profit made on the VAT of the goods bought for resale, hence that weird VAT calculation

Replied: 24th Apr 2025 at 09:55

Posted by: tonker (29471) 

It’s vat on total takings LESS what you’ve already paid out in the course of business.

Replied: 24th Apr 2025 at 10:28

Posted by: PeterP (12289)

Tonker I was never into applied maths but all I know is when I buy an item at £100 plus Vat £120 goes out of my pocket not £116-66pence So how Vat calculations work to pay the tax man is beyond me

Replied: 24th Apr 2025 at 10:37

Posted by: cheshirecat (1620) 

You are correct, Peter.
All products you purchase are VAT inclusive. And that rate is implemented at 20%

Replied: 24th Apr 2025 at 10:45

Posted by: a proud latics supporter (7165)

Cheshire Puss

Can yoo doo a VAT calculation, so as to pay the VAT man his dues

Replied: 24th Apr 2025 at 10:54

Posted by: cheshirecat (1620) 

I have no need, nor wish to do a VAT calculation.
Mine is done automatically

Replied: 24th Apr 2025 at 13:08

Posted by: a proud latics supporter (7165)

Replied: 24th Apr 2025 at 13:41

Posted by: a proud latics supporter (7165)

Well lucky yoo

Replied: 24th Apr 2025 at 13:42

Posted by: cheshirecat (1620) 

Lucky?

How can you class someone being honest and paying VAT as being lucky

The lucky ones are those who avoid paying tax and, get away with it

Replied: 24th Apr 2025 at 16:02

Posted by: a proud latics supporter (7165)

Cheshire Puss

Well there is no need to be grumpy about it.

Replied: 24th Apr 2025 at 16:39

Posted by: Billinge Biker (2956) 

Come the revolution ..line them all up and shoot them..sorted.

Replied: 24th Apr 2025 at 19:06

Posted by: cheshirecat (1620) 

Posted by: a proud latics supporter (7162)
Cheshire Puss
"Well there is no need to be grumpy about it."

Every honest, tax paying citizen has a right to be grumpy about it as it's people like those who have to pay the price for other, selfish individuals personal greed

The only people who are are nort grumpy about it, are the thieving culprits who benefit from it at the tax payers expense.

It's a possibility that if more people paid their dues, then the pensioners heating allowance may be reinstated

Replied: 24th Apr 2025 at 19:50

Posted by: a proud latics supporter (7165)



Replied: 24th Apr 2025 at 20:01

Posted by: Owd Codger (4181)

Somebody give that cat it's food!

Replied: 24th Apr 2025 at 21:19

Posted by: cheshirecat (1620) 

Somebody give that moaning pensioner his free winter holiday money ( aka winter fuel allowance ) back

Replied: 24th Apr 2025 at 22:16

Posted by: Owd Codger (4181)

cheshirecat

If you are having a swipe at me about the comment about the cat, you are wrong again as my comment was not aimed at you and for the record, I have never been on any winter holiday, but I have epresssed concern about the ending of the heating allowance for those elderly who are anything but wealthy and just slightly above where you can claim pension credit!

Evidently, you do not share the same concern!

Replied: 25th Apr 2025 at 00:18

Posted by: a proud latics supporter (7165)

Replied: 25th Apr 2025 at 09:59

Posted by: a proud latics supporter (7165)

Replied: 25th Apr 2025 at 10:00

 

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