Camero's fuzzy logic on tax avoidance

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In his speech at the recent Davos summit, David Cameron said that businesses have a "moral duty to pay tax", reports Harris & Co accountancy services.

Let"s just remind ourselves that all businesses and individuals have the right to structure their affairs within the law to their best advantage. Nothing illlegal about it  - it"s just complying with the law and obtaining whatever advantages the law offers.

Cameron"s fuzzy logic around tax avoidance was neatly illustrated by Bernard Morgan. He speculated that if you take Cameron"s logic and apply it to say driving, then would the Prime Minister expect drivers who drive at 70 mph (and thus comply with their legal obligations) similarly have a "moral duty" to pay the speeding fine that they legally avoided by not exceeding the speed limit? I bet not!


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