MP dodges TAX

[carmanmemoranda]

I would have to say that the rules should be applied fairly to everyone.

I don't think anybody would disagree, but it's not enough to go to the top of the list

 

[JohnD]

You've got to love the irony that the man behind these rumours is Lord Ashcroft. The £1500 he is so worried about is roughly what he would pay a partner at a top City firm per hour for advice on avoiding UK tax.

Paradise Papers: Lord Ashcroft stayed non-dom despite pledges

Conservative donor continued to retain status despite assurances by the party.

www.bbc.co.uk

Hourly rates for magic circle partners reach £1,500, analysis finds

Analysis of hourly rates suggests firms charge far more than the judiciary expects.

www.lawgazette.co.uk

LORD Ashcroft a non-dom?

That's odd, I didn't think that sort of tax-dodger was allowed in Parliament.

It was scandalous to find that some of them did it.

Tory, is he?

Peers quit to keep ‘non-dom’ status

www.ft.com

 

[JohnD]

Dear oh dear

"Lord Ashcroft promised to become a permanent resident in the UK - a change that would have meant giving up his status as a UK resident whose permanent home, or domicile, is outside of the country.

The then leader of the Conservative Party William Hague told Parliament that becoming a peer would "cost him [Lord Ashcroft] and benefit the Treasury tens of millions of pounds a year in tax".

"The tax was never paid because Lord Ashcroft, who was once Belize's ambassador to the United Nations and maintains links to the central American country, persuaded officials that he should be allowed to become a long term resident of the UK rather than a permanent one. A distinction that allowed him to retain his non-dom status.

The leaked documents show that between 2000 and 2010, Lord Ashcroft received payments of around $200m (£150m) from his offshore trust in the Bermuda.

The Tory Peer continued to sit in the House of Lords and as a non-dom he did not have to pay tax on these payments."

Tory sleaze.

 

[JohnD]

"After Lord Ashcroft told the BBC in May 2010 he was going to become "a fully taxed person in Britain", it was widely reported he had given up his non-dom status."

Sleazy lying tax-dodging Tory.

I'm most grateful to @motorbiking for reminding us of the issue of tax-dodging politicians.

 

[carmanmemoranda]

Dear oh dear

"Lord Ashcroft promised to become a permanent resident in the UK - a change that would have meant giving up his status as a UK resident whose permanent home, or domicile, is outside of the country.

The then leader of the Conservative Party William Hague told Parliament that becoming a peer would "cost him [Lord Ashcroft] and benefit the Treasury tens of millions of pounds a year in tax".

"The tax was never paid because Lord Ashcroft, who was once Belize's ambassador to the United Nations and maintains links to the central American country, persuaded officials that he should be allowed to become a long term resident of the UK rather than a permanent one. A distinction that allowed him to retain his non-dom status.

The leaked documents show that between 2000 and 2010, Lord Ashcroft received payments of around $200m (£150m) from his offshore trust in the Bermuda.

The Tory Peer continued to sit in the House of Lords and as a non-dom he did not have to pay tax on these payments."

Tory sleaze.

That reminds the Tory faithful to continue to try to make £1500 into a big thing.

Look, over there......

 

[Mottie]

I'm the scale of tax issues and mp scandals, how high on the list do you put it?

It needs investigating, but I doubt the hmrc would spend much time and money over it. Until now its been made into a political issue of course

They'd soon be after you or me I’d we short changed them £1500. Why should anyone else get away with it?

 

[carmanmemoranda]

They'd soon be after you or me I’d we short changed them £1500. Why should anyone else get away with it?

I have never said they should get away with it.

But it doesn't deserve to be at the top of any list does it? There are a few more, more important ones

 

[Mottie]

So £1500 is a not a trivial matter to you

but £200m is so trivial you make a joke of it

1. The £1500 must be investigated.
2. The £200m must be investigated.
They are both public servants and should come under higher scrutiny.
Where are we up to with the £200m - seems to have been talked about for ages. When is she due in court?

 

[Mottie]

But it doesn't deserve to be at the top of any list does it? There are a few more, more important ones

Deputy Leader of a political party that could be running the country soon? That should be at the top of the list things to be sorted.

 

[JohnD]

Deputy Leader of a political party that could be running the country soon? That should be at the top of the list things to be sorted.

There must be an election coming up.

She'd better not say "British Trains could do with improvement"

Or the Tory press will explode.

 

[carmanmemoranda]

Deputy Leader of a political party that could be running the country soon? That should be at the top of the list things to be sorted.

No. I am happy that it is being investigated. I will await any results as they are fed to us. Exactly the same as they do with all MP's, of any party.

There is no need to get this to the top of the list, it may even be settled before it gets there anyway, who knows.

 

[Mottie]

There must be an election coming up.

She'd better not say "British Trains could do with improvement"

Or the Tory press will explode.

Am I off your ignore list now? Still on the question ignore one though, I bet….

 

[Notch7]

1. The £1500 must be investigated.
2. The £200m must be investigated.
They are both public servants and should come under higher scrutiny.
Where are we up to with the £200m - seems to have been talked about for ages. When is she due in court?

Your posts do not support that


you’ve never complained once about Tory corruption amounting to billions…..so how come you are only saying “it must be investigated” you’ve never suggested that before.

But here you are whingeing about £1500.00 which we don’t even know if it’s been non compliant or if it was if was an oversight or deliberate.

 

[motorbiking]

We don't know these things. The article you posted makes it clear that if either a modest amount of improvements were made, or if her house was nominated as the main residence, there would be no tax liability at all. Also, we don't know whether she made a declaration.



When two people who both already own their own properties get married, it is extremely common to keep both for a few years whilst they decide what to do in the long term. What she did isn't odd at all. Which rules do you think she was trying to avoid/leverage, and how did her behaviour achieve that?

And of course a married couple cannot have two home residences for tax purposes which is clearly the error she made. That has been jumped on by tax experts

 

[JohnD]

And of course a married couple cannot have two home residences for tax purposes which is clearly the error she made. That has been jumped on by tax experts

I'm very pleased that you raise the issue of an MPs main home.

I too find it unsatisfactory.

"Stephen Crabb nominates fellow MP's flat as main home: MPs' expenses

Stephen Crabb, a Conservative MP, claimed his “main home” was a room in another MP’s flat, after buying a new house for his family at taxpayers’ expense."

Telegraph.co.uk