Angela Rayner

[Notch7]

When she sold her house her failure to notify was exactly that.

here is how you work it out..

PRR is not relevant to selling your home. It's relevant to selling a house that is not your home anymore

When you sell a property that is not your main home you get various allowances:

`here is a quick cut and paste from one I did recently. The calculations may be wrong, because I changes some key data.

View attachment 339694

If CGT is due she will owe between 0 and £3500

Although it's out of time, she might pay as goodwill being an mp

 

[JonathanM]

When she sold her house her failure to notify was exactly that.

If it was her main home, which is what she is claiming, then no notification would have been needed? Is that right?

I'm not making any point. Just trying to get it straight in my head.

 

[motorbiking]

If I sold the above property and claimed it was my home, I would also be at risk of failure to notify.

The fact that she is claiming it was her home and not that there was no tax to pay, is the whole issue.

 

[motorbiking]

If CGT is due she will owe between 0 and £3500

Although it's out of time, she might pay as goodwill being an mp

She is out of time to pay, but not out of time to be prosecuted.

gassy 1 notch nil still

 

[JonathanM]

All I am asking is what happens when a person sells their main home. I have forgotten because it was so long ago that I last did it. Do they have to make any declaration or fill out any form to say it was their main home. If so what forms and who do they declare it to.

 

[JonathanM]

The fact that she is claiming it was her home and not that there was no tax to pay, is the whole issue.

I know.

 

[fillyboy]

If I sold the above property and claimed it was my home, I would also be at risk of failure to notify.

The fact that she is claiming it was her home and not that there was no tax to pay, is the whole issue.

Neighbours of her husband have stated Raynor lived with her husband, and there are apparently 'tweets' from her describing her husbands house as home.

 

[motorbiking]

Yep - hence the failure to notify.

It doesn't matter what anyone did or didn't sign. The obligation is on the individual to notify HMRC and they have 20 years to come after you.

 

[motorbiking]

I know.

and you understand this is untrue?

 

[JonathanM]

and you understand this is untrue?

I understand it is disputed. She says it was, other people claim it wasn't.

 

[JonathanM]

There are lots of people out there in the ether claiming that she has made false declarations etc. to HMRC about it being her main residence. I'm just trying to get my head around the normal processes so I can better understand it all.

 

[Notch7]

She is out of time to pay, but not out of time to be prosecuted.

gassy 1 notch nil still

goalpost moving.

I said time to pay

There’s zero chance she will be prosecuted

 

[Notch7]

Yep - hence the failure to notify.

It doesn't matter what anyone did or didn't sign. The obligation is on the individual to notify HMRC and they have 20 years to come after you.

If you were deliberately trying to mislead.

She wasn’t, you even said so.

“4-year time limit​

The normal time limit of 4 years applies to all taxes.”

CH51300 - Assessing Time Limits: The Time Limits: What are the new time limits - introduction - HMRC internal manual - GOV.UK

www.gov.uk

 

[motorbiking]

Failure to notify - the time limit to investigate you is 20 years, the exemptions don't apply to her.

Note that the time limit for failure to notify is 20 years

. It's in your own link ffs

CH53600 - Assessing Time Limits: Extended time limits: 20-year time limit - HMRC internal manual - GOV.UK

www.gov.uk

Plus Diane abbot was not the first black MP.

So 2 nill I think

I've no idea what she was trying to do. She is deliberately trying to mislead now, that is for certain.

 

[denso13]

The obligation is on the individual to notify HMRC and they have 20 years to come after you.

Will HMRC "come after her"?