Angela Rayner

[carmanmemoranda]

I'm not disagreeing with the advisor. He has been misquoted. He has not said the time limit for HMRC to come after her has expired. It hasn't. The time limit for her to declare the unpaid tax has expired.

The issue, is not how much she owes, not if she did it deliberately, but the hypocrisy of denying wrong doing, while at the same time being a fog horn for other's tax misdemeanours.

This article sums it up well..

I admire Labour's Angela Rayner but this tax business stinks

It’s hard not to admire Angela Rayner. Her backstory is almost cinematic – bullied kid growing up poor in Stockport, Manchester, told she would never amount to anything, illiterate mentally ill mother who she cared for from the age of ten. Pregnant at 16, deputy leader of the Labour Party by 40.

www.standard.co.uk

Standard CGT yes, but CGT derived from the disposal of property is due within 60 days. I suspect she wasn't subject to self assessment at the time, not that its relevant.

I will wait until something is proven.

It doesnt, and shouldnt stop her from highlighting others, for the same or different instances.

Unless of course you think it is designed to make her stay quiet over tax issues generally.

 

[carmanmemoranda]

notchy joins carman in the hard of thinking club.

read the tax book ffs.

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

www.gov.uk

No hard of thinking here.

I am waiting for proof. You seem to have enough to decide upon.

Now, back to the bigger issues made by others? Ignore them? keep her quiet? Remind me who is hard of thinking? Oh yeah, the boat captain, driving instructor.

 

[denso13]

The tax liability is for the 2014-2015 tax year? And does that then go on the tax return,

Yes, but what does she put? It doesn't seem straightforward at all...

CG64985 - Private residence relief: final period exemption - HMRC internal manual - GOV.UK

www.gov.uk

 

[denso13]

And, allowable expenditure can be deducted...

CG15160 - Expenditure: categories of allowable expenditure - HMRC internal manual - GOV.UK

www.gov.uk

 

[Notch7]

I'm not disagreeing with the advisor. He has been misquoted. He has not said the time limit for HMRC to come after her has expired. It hasn't. The time limit for her to declare the unpaid tax has expired.

The issue, is not how much she owes, not if she did it deliberately, but the hypocrisy of denying wrong doing, while at the same time being a fog horn for other's tax misdemeanours.

This article sums it up well..

I admire Labour's Angela Rayner but this tax business stinks

It’s hard not to admire Angela Rayner. Her backstory is almost cinematic – bullied kid growing up poor in Stockport, Manchester, told she would never amount to anything, illiterate mentally ill mother who she cared for from the age of ten. Pregnant at 16, deputy leader of the Labour Party by 40.

www.standard.co.uk

Standard CGT yes, but CGT derived from the disposal of property is due within 60 days. I suspect she wasn't subject to self assessment at the time, not that its relevant.

No, he has not been misquoted.

your point:
“The time limit for her to declare the unpaid tax has expired” is deliberately misleading,
what the HMRC actually say is:
“The normal time limit for making an assessment to recover tax is 4 years”

Those are not the same.

CH52100 - Assessing Time Limits: Normal time limits: What are the normal time limits - HMRC internal manual - GOV.UK

www.gov.uk

 

[denso13]

Plus any relief that may or may not have been due...

CG65050 - Private residence relief: residence before/after period of absence - HMRC internal manual - GOV.UK

www.gov.uk

CG65047 - Private residence relief: periods of absence: other residences owned during the absence - HMRC internal manual - GOV.UK

www.gov.uk

 

[carmanmemoranda]

No, he has not been misquoted.

your point:
“The time limit for her to declare the unpaid tax has expired” is deliberately misleading,
what the HMRC actually say is:
“The normal time limit for making an assessment to recover tax is 4 years”

Those are not the same.

CH52100 - Assessing Time Limits: Normal time limits: What are the normal time limits - HMRC internal manual - GOV.UK

www.gov.uk

But he isn't hard of thinking !

 

[carmanmemoranda]

Yes, but what does she put? It doesn't seem straightforward at all...

CG64985 - Private residence relief: final period exemption - HMRC internal manual - GOV.UK

www.gov.uk

I wonder why there are such things as tax experts.

Once you actually start looking to avoid tax they become cheaper than the tax.

Not sure that applies to her, unlike some others that are never mentioned by some

 

[motorbiking]

No, he has not been misquoted.

your point:
“The time limit for her to declare the unpaid tax has expired” is deliberately misleading,
what the HMRC actually say is:
“The normal time limit for making an assessment to recover tax is 4 years”

Those are not the same.

CH52100 - Assessing Time Limits: Normal time limits: What are the normal time limits - HMRC internal manual - GOV.UK

www.gov.uk

What has VAT got to do with it ffs - read the correct book, I linked it already.

 

[blup]

It's the other way around, actually.

Some architects are better (more building savvy) than others. Some are just plain useless.

My builders (the brickies doing the extension) almost literally jumped for joy when they heard my architect had been chosen. They had worked from his plans before which they said were much more detailed and clearer than others they had used . I hadn’t appreciated till then how much the level of detail affects the work on the ground.

 

[motorbiking]

Plus any relief that may or may not have been due...

CG65050 - Private residence relief: residence before/after period of absence - HMRC internal manual - GOV.UK

www.gov.uk

CG65047 - Private residence relief: periods of absence: other residences owned during the absence - HMRC internal manual - GOV.UK

www.gov.uk

That is not her claimed story.

Her claimed story is that she disposed of her home and was therefore exempt. This is incorrect as we know.

 

[denso13]

There is this "help sheet" though...

HS283 Private Residence Relief (2015)

www.gov.uk

 

[JonathanM]

Yes, but what does she put? It doesn't seem straightforward at all...

CG64985 - Private residence relief: final period exemption - HMRC internal manual - GOV.UK

www.gov.uk

I don't know! It's so long since I sold a house.

What is the process when somebody sells their main home? Is there something you sign to declare that for CGT purposes it is your main home. What is that document?

 

[noseall]

notchy joins carman in the hard of thinking club.

read the tax book ffs.

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

www.gov.uk

Angela does not fit into the 20 year criteria then.

My Accountant says I need only keep 6 years records, and that's being generous.

I thought she'd just sold her house, lol.

 

[noseall]

I hadn’t appreciated till then how much the level of detail affects the work on the ground.

It can save a lot of aggro.

Still doesn't mean that any of them (plan drawers) are any help when it comes to ordering steels or other bespoke items. I still end up getting my old pencil out.