On Sat, 4 Oct 2003 10:51:37 +0100, "Frank X"
wrote:


The obvious option in this selected instance, bartering, is not an
option any more because of the issue of the electrical certificate.



Why can't you still barter?


Because the certificate would be proof positive of a Vat fraud and a
fraud against the business.


Providing we're both paying higher rate tax (And accepting therefore
we've already had some income at lower rate) I can't see where my
calculations are wrong.


Even with full VAT + higher rate + NI. I make the tax mans cut of every
additional £1 earnt only 55.5%.


I don't personally know the detail of how the individual taxes are
applied, where the limits are but at the very least there's excise
duty on road fuels, vehicle excise duty, "new car tax",and council
tax, as well as all the "nickle and dime" permits, licences, stamp
duties, and charges (OPRA etc).
to go towards the 80%.

The current government is based from top to bottom on lies and deception
(mainly to avoid the impractical laws they introduce) why don't you just
copy their example and do what you have always done.


Good idea

DG