Angela rayner tax dodger again...

[Murdochcat]

Never made any comments about the Tories, did you

I think you are very wrong

 

[aveatry]

So when she go's Starmer will have a deputy leader election on his hands where the labour party will take the opportunity of also expressing their dislike of Starmer. Could it be curtains for him to. Reeves wont be there much longer either.

 

[motorbiking]

It's weird. She sought the advice of a conveyancing expert and two trust experts. Okay I'm looking at this with hindsight, why not also seek the advice of a tax expert?

Given that we're talking about a £70k tax bill vs a £40k tax bill, to ensure absolutely no room for error, and given she's not on the breadline, she should have paid the £70k. Not sure if she'd then be able to claim the £30k back if it was later discovered she'd essentially overpaid?

That would have ensured avoiding this sh1tshow.

I reckon she'll be out. We might even find out today.

Yes - she could have paid the higher amount, made some changes to the control of trust and then claimed a refund. She still could do this, but that would be seen badly given her exposure now.

"Advice" has a formal meaning. It is not given freely, she will need to show that she instructed someone to act in the capacity she claims.

 

[MNW67]

Yes - she could have paid the higher amount, made some changes to the control of trust and then claimed a refund. She still could do this, but that would be seen badly given her exposure now.

What sort of changes could she make which would entitle her to a refund.

 

[Munroast]

No it wouldn’t make any difference…..this is just one news cycle of thousands between now and the election

As we get closer to the election we will see more and more scandals about the horrendous failure of Reform councils.

And good old Nige will start losing his temper as journos actual stop letting him get away with lies

disturbing thought the next election could be between Jeremy & Nigel - sad to think this is the extreme crap we're heading towards

 

[MNW67]

So when she go's Starmer will have a deputy leader election on his hands where the labour party will take the opportunity of also expressing their dislike of Starmer. Could it be curtains for him to. Reeves wont be there much longer either.

Are you licking your chops in anticipation.

 

[MNW67]

disturbing thought the next election could be between Jeremy & Nigel - sad to think this is the extreme crap we're heading towards

1930s Redux

 

[motorbiking]

What sort of changes could she make which would entitle her to a refund.

I just said what she could do.

 

[MNW67]

I just said what she could do.

Well, it was extremely vague.

All you said was "some changes to the control of trust"

I thought you might be able to explain a bit more about the type of changes you mean and how they would affect the stamp duty liability.

 

[Notch7]

View attachment 391793

Nothing compared to Tories.

Boris Johnson said “there would be no checks between GB and NI”

That’s a real lie.

 

[Notch7]

disturbing thought the next election could be between Jeremy & Nigel - sad to think this is the extreme crap we're heading towards

This country really really needs a new direction in politics, but Corbyns 1970s socialism and Farages 1980s Thatcherism on steroids are not the answer.

Neither are offering anything remotely new.

 

[motorbiking]

Well, it was extremely vague.

All you said was "some changes to the control of trust"

I thought you might be able to explain a bit more about the type of changes you mean and how they would affect the stamp duty liability.

A person who is subject to 2nd property tax may claim a refund if they remove their interest and connection to the original property. This is more common in divorce where one party has to buy a new home before removing their interest and connection to the matrimonial home. If they can get it all done within the time limit (up to 3 years), they are eligible for a refund. I'm not sure if having underpaid, been fined and paid, that right still exists, but I have found nothing to say it doesn't. She would obviously have to take proper advice (this time ) but removing her interest and connection may be sufficient.

 

[diy_fun_uk]

This country really really needs a new direction in politics, but Corbyns 1970s socialism and Farages 1980s Thatcherism on steroids are not the answer.

Neither are offering anything remotely new.

The world needs a new direction, however it ain't going to happen.

Incoming fact 1:

Since year dot, humankind has been broadly separated into the haves and have nots. Rich and poor. Those who hold influence and power, those who don't.

Incoming fact 2:

This isn't going to change. Call me pessimistic if you like, I prefer realist. Yes it's laudable that people try, and perhaps make some inroads around the periphery, however fact 1 in a broad sense will never change. Anyone who thinks otherwise is deluded.

Incoming fact 3:

Let's imagine there was a worldwide uprising by the masses. All governments overthrown. A complete reset.

Hooray!!!

How long do you think the utopia would last? How long do you think any attempt at true equality and parity across the masses would last? I don't think, I know it would only be a matter of time until the old traits reared their heads again. Greed, hunger for power, the desire to control etc.

Within time, we'd be back to where we are now.

For my own sanity, I accept the world of politics is a swamp. Some of them dip their proverbial toe, some are up to their necks. It's not going to change

 

[denso13]

who gets in trouble, me or my accountant?

You would.

 

[MNW67]

Part of the confusion might have been because of the type of trust AR's son has. Marty mentioned above that it was a court appointed trust. The Telegraph report this:

Since November 2017, parents acting on behalf of children protected by the Mental Capacity Act of 2005, have been exempt from the second home stamp duty surcharge which is raised by these ownership rules.

The Mental Capacity Act of 2005 makes provisions for those over the age of 16 who are unable to care for themselves.

The Court of Protection can decide to appoint deputies to make some or all decisions on behalf of those without mental capacity. If a deputy has been appointed, then the stamp duty exemption applies, as the deputy is not considered an owner of the property under HMRC rules.

It is not known whether Ms Rayner believed that she could claim this exemption on behalf of her child.