Another national insurance question

[J4G3D]

So 13th May is the cut off to upload NI number.

Non stealth account. (well originally it was stealth but I converted it into my name when MP arrived)

I don't pay tax and I will avoid paying at all costs. I scrape by in life, my earnings pay my bills, just about.

So, are we entering our real NI number or accidentally mistyping it?

Whats the general consensus

[BeachedHead]

Once you enter your NI number, you give the HMRC them access to knowing exactly who you are. Sure, people will waffle on that they can 'find' you from your DOB and bank account, but the reality is, they won't be doing that, not for a while at least. If and when that may change is anyones guess.

Mistypes work fine for now, no one knows the longevity of this. I am sure if the time comes when they get checked there will be a single opportunity to rectify any mistakes.

Go fully legit, pay your dues.

Don't, then take your chances.

It really is that simple.

[J4G3D]

Originally Posted by BeachedHead

Once you enter your NI number, you give the HMRC them access to knowing exactly who you are. Sure, people will waffle on that they can 'find' you from your DOB and bank account, but the reality is, they won't be doing that, not for a while at least. If and when that may change is anyones guess.

Mistypes work fine for now, no one knows the longevity of this. I am sure if the time comes when they get checked there will be a single opportunity to rectify any mistakes.

Go fully legit, pay your dues.

Don't, then take your chances.

It really is that simple.

There is absolutely no way I'm funding any more of my money to this corrupted government. I would rather sit in jail for a couple of years. No... Really!

I'll take the risk. If they come knocking, they'll be a new joker born, and I'll turn to crime to pay off the big bill they'll slap on my head. But, it's OK, doing crime pays well these days in the UK.

[BeachedHead]

Originally Posted by J4G3D

There is absolutely no way I'm funding any more of my money to this corrupted government. I would rather sit in jail for a couple of years. No... Really!

I'll take the risk. If they come knocking, they'll be a new joker born, and I'll turn to crime to pay off the big bill they'll slap on my head. But, it's OK, doing crime pays well these days in the UK.

It's unlikely they will come knocking in my opinion...tbh, I doubt anything is going to happen at all, others feel differently, only time will tell, but I'm seldom ever wrong

You wont end up in jail even if they did come knocking, you'd just end up with a big fine.

[agent006140]

We in USA have to give Ebay our Social Security number and it will report to IRS how much we have collected via MP.
Now that number is grosss and does not exclude refund .
So when we take that number and offset it with expenses such as shipping(postage,packing material,mileage to the post office),insurance,fees (Ebay) ,refund,spoilage,office rent,utilities,paper,ink cartridge,extra help,camera,printer,computer,there is not much of a profit left.
Is that the same with UK ?
I cant imagine you guys do not file income tax return?

[ft16]

Originally Posted by agent006140

We in USA have to give Ebay our Social Security number and it will report to IRS how much we have collected via MP.
Now that number is grosss and does not exclude refund .
So when we take that number and offset it with expenses such as shipping(postage,packing material,mileage to the post office),insurance,fees (Ebay) ,refund,spoilage,office rent,utilities,paper,ink cartridge,extra help,camera,printer,computer,there is not much of a profit left.
Is that the same with UK ?
I cant imagine you guys do not file income tax return?

.

Most people in the UK have their income tax deducted from their wages, less than 20% have to file a tax return.

Obviously there is no income tax deducted from eBay earning and a lot of people have not completed a tax return declaring it.

Which is why they are panicking about eBay telling HMRC.

For the average ebayer they're worrying about nothing, they will either be no tax liability (for example selling off your own second hand goods for less than you paid) or their profit is so low the tax will be negligible or under the threshold (you can make 3k a year profit, after expenses, in addition to your normal income, tax free).

[james_112233]

Originally Posted by J4G3D

There is absolutely no way I'm funding any more of my money to this corrupted government. I would rather sit in jail for a couple of years. No... Really!

I'll take the risk. If they come knocking, they'll be a new joker born, and I'll turn to crime to pay off the big bill they'll slap on my head. But, it's OK, doing crime pays well these days in the UK.

Just pay an accountant mate ... I get it, I really do. Nobody likes paying taxes. But paying an accountant to make sure everything is in order is the best thing you can do.

[BeachedHead]

Originally Posted by james_112233

Just pay an accountant mate ... I get it, I really do. Nobody likes paying taxes. But paying an accountant to make sure everything is in order is the best thing you can do.

Why woukd an accountant help him?

He doesn't want to pay any tax, so no need for an accountant. He is taking his chances, and my opinion is, he will be completely fine for years to come.

[agent006140]

He does not want to pay taxes but he enjoys the amenities funded by tax money,safe roads,police,etc and rest of you are subsidizing him !

[murdered_by_ebay]

Originally Posted by agent006140

He does not want to pay taxes but he enjoys the amenities funded by tax money,safe roads,police,etc and rest of you are subsidizing him !

taxes should not be paid for this reason , it is ok to pay them to avoid trouble but the reason you stated is ridiculous , there is a sufficient number of large tax payers with armies of lawyers and accounts - that reason would fit them best

[agent006140]

everyone should pay,some pay more,some pay less.

[BeachedHead]

Originally Posted by agent006140

He does not want to pay taxes but he enjoys the amenities funded by tax money,safe roads,police,etc and rest of you are subsidizing him !

Lets be fair, large portions of taxpayers money is wasted, the UK and the USA being two prime examples of theft from the taxpayer.

VAT in the UK often makes most small businesses especially in product sales, untenable.

We will see a huge rise in Universal Credit claimants in response to all this on eBay. People were surviving, under the radar at a time when the cost of living in the UK is so high even the middle classes are struggling, but now with this HMRC involvement, people are shutting up shop and going on benefits. Overall it is my view this will cost more than it will make.

I used to be really into ensuring tax was paid and believing it was for the greater good and to help those less fortunate, then over the past 15 years I have seen two governments strip away support from those with disabilities or low incomes and line billionaires pockets with it.

So quite frankly, f*** tax, and if you can manage to stay out of their crosshairs, 'effin do it. The billionaire's meagre contribution can pay for us to go see a Doctor from time to time.

[james_112233]

Originally Posted by BeachedHead

Lets be fair, large portions of taxpayers money is wasted, the UK and the USA being two prime examples of theft from the taxpayer.

VAT in the UK often makes most small businesses especially in product sales, untenable.

We will see a huge rise in Universal Credit claimants in response to all this on eBay. People were surviving, under the radar at a time when the cost of living in the UK is so high even the middle classes are struggling, but now with this HMRC involvement, people are shutting up shop and going on benefits. Overall it is my view this will cost more than it will make.

I used to be really into ensuring tax was paid and believing it was for the greater good and to help those less fortunate, then over the past 15 years I have seen two governments strip away support from those with disabilities or low incomes and line billionaires pockets with it.

So quite frankly, f*** tax, and if you can manage to stay out of their crosshairs, 'effin do it. The billionaire's meagre contribution can pay for us to go see a Doctor from time to time.

Fair play. I'm not going to argue with that. We all take risks in life.

[agent006140]

Depends on how you look at the situation,if tax is paid for services available and rendered,then the millionaires and billionaires use less of these services than the lower and middle class.
And another way to look at this-their 10% could be $100,000 while our 10% may be just $1000.
so they are paying ten times more than we do to enjoy the same services !
We should be thankful for what they paid and not standing in line competing for the same resources .
Ask an airline analyst,the sold the same plane tickets at full price and discount the rest to agencies so we can get a discount.
Trump is looking into cutting Medicaid,welfare etc,I would expect private money will replace public fund so those in need would be taken care of.
During Cov 19,Jeff Bozo's ex wife donated $1 billion to food banks so we can take home bags of free food,how much did you give,I gave nothing !
(It is interesting to watch what kind of cars these people drive to pick up their free food-Mercedes,Porsche,BMW,no Rolls Royce)

[murdered_by_ebay]

those billionaires are also people directly responsible for high prices so yes you definitely pay a bigger contribution in % than them as you also overpay for real estate , meds and all possible kinds of mass demand services and goods

they are also the ones selling legal drugs , making people addicts for life and selling / producing genetically modified food (yammy , must be good I have not tried it yet)

[BeachedHead]

Originally Posted by agent006140

Depends on how you look at the situation,if tax is paid for services available and rendered,then the millionaires and billionaires use less of these services than the lower and middle class.
And another way to look at this-their 10% could be $100,000 while our 10% may be just $1000.
so they are paying ten times more than we do to enjoy the same services !
We should be thankful for what they paid and not standing in line competing for the same resources .
Ask an airline analyst,the sold the same plane tickets at full price and discount the rest to agencies so we can get a discount.
Trump is looking into cutting Medicaid,welfare etc,I would expect private money will replace public fund so those in need would be taken care of.
During Cov 19,Jeff Bozo's ex wife donated $1 billion to food banks so we can take home bags of free food,how much did you give,I gave nothing !
(It is interesting to watch what kind of cars these people drive to pick up their free food-Mercedes,Porsche,BMW,no Rolls Royce)

I can't do Trump rhetoric (f a ke facts), its like debating with religious people.

Lack of intelligence means rubbish like this is believed.

[rsot]

Seems like the topic was "Another national insurance question" - when did this get derailed

[BeachedHead]

Originally Posted by rsot

Seems like the topic was "Another national unsurance question" - when did this get derailed

Its the Trump voters special sauce aint it

[rsot]

Originally Posted by BeachedHead

Its the Trump voters special sauce aint it

Morning chuckles

[wontbehere]

Originally Posted by BeachedHead

Why woukd an accountant help him?

He doesn't want to pay any tax, so no need for an accountant. He is taking his chances, and my opinion is, he will be completely fine for years to come.

Hi.

Even tho I really like your positive & optimistic views on how everything will roll out with NINO numbers & eBay & HMRC, may I ask where are these opinions (or may I call them facts) coming from?

If it is something you don't want to share publicly but want to share privately with a dude you don't know, you can send me a DM.

You are a wise man and I guess you recon that I want to be somehow convinced not to give my NINO number.

I appreciate your honest answer.

[rsot]

Originally Posted by agent006140

Accountants can advise you how to pay less/no tax legally.

Top advice here - financial professional suggestion

[BeachedHead]

Originally Posted by wontbehere

Hi.

Even tho I really like your positive & optimistic views on how everything will roll out with NINO numbers & eBay & HMRC, may I ask where are these opinions (or may I call them facts) coming from?

If it is something you don't want to share publicly but want to share privately with a dude you don't know, you can send me a DM.

You are a wise man and I guess you recon that I want to be somehow convinced not to give my NINO number.

I appreciate your honest answer.

I don't understand what you're asking, why do you want to be convinced? either give it, or don't, go fully legit and pay your dues - give NINO, stay on the fringes and roll the dice - don't give NINO.

Only you can make that call.