Adoption of this policy would require reversal of the policy of reducing staffing at HM Revenue & Customs by 15,000 people over the period to 2015 and recruiting new staff at Companies House as opposed to the 250 redundancies announcedv in March 2011.
Strangely, this report is not funded by PCS, the union which represents such workers and which Ritchie does work for.
An indirect rather than direct influence perhaps?
Page 18 is fun, where he describes his own behaviour with Fulcrum Publishing Ltd and The Tax Gap Ltd. Here, on the benefits of income splitting, the use of dividends to dodge national insurance and the small companies tax free profits exemption, I am prepared to admit that Ritchie is expert. After all, he\’s actually done this and I haven\’t.
The rest of it is really quite simple. Forming a company is too easy and too cheap therefore we must raise the price of doing so.
Seems fair really: after all, Ritchie now does his business through an LLP, which wouldn\’t be affected, would it?