Bluff and bluster fails.

[carmanmemoranda]

Yeah but Mone and her greedy grasping hubby stole £122 MILLION pounds form UK taxpayers. That's the equivalent of 3000 Raynor amended payments.
Tory scum sure knows how to thieve.

They certainly seem to regard 1 as more important than the other.

If it's not because of the amounts involved, why is it ?

 

[Notch7]

Yawn

Yawn

yawn

Oh look, 3 people who love to moan about “benefit scroungers”

But they don’t moan about multi million pound benefit scroungers.

 

[aveatry]

Oh look, 3 people who love to moan about “benefit scroungers”

But they don’t moan about multi million pound benefit scroungers.

I have never moaned about benefit scroungers - that's a notch lie
Yes I will moan for you yes I agree the whole covid thing was one big scam - happy now.

 

[Odds]

I. wonder why JohnD hasn't shared the story about the politician who dodged inheritance tax?

Access Restricted

www.telegraph.co.uk

Questions for Keir Starmer over field he put in trust

Seven acres that sold for almost £300,000 were in a legal structure that meant the land was excluded from his parents’ estate

www.thetimes.com

Why don't you start one and...

 

[Notch7]

I. wonder why JohnD hasn't shared the story about the politician who dodged inheritance tax?

Access Restricted

www.telegraph.co.uk

Questions for Keir Starmer over field he put in trust

Seven acres that sold for almost £300,000 were in a legal structure that meant the land was excluded from his parents’ estate

www.thetimes.com

How did he dodge inheritance tax?

The 7 acre field was bought by Keir Starmer using his money.

So his money, his field and since he hasn’t died there’s no inheritance tax.

Where do you fink he dodged any inheritance tax?

 

[motorbiking]

How did he dodge inheritance tax?

The 7 acre field was bought by Keir Starmer using his money.

So his money, his field and since he hasn’t died there’s no inheritance tax.

Where do you fink he dodged any inheritance tax?

Starmer bought his parents a field at the back of their house for £20,000 because his mother liked donkeys. He later sold it for almost £300,000 in 2022. The obvious structure would have been that Starmer owned the land throughout this period while his parents simply used it for their donkeys.

He forgot to declare it to the parliamentary authorities for some years while an MP, for which he apologised at the time. And in a statement to the parliamentary standards commissioner in 2022, Starmer said: “I immediately gifted the land to my parents for as long as they should live but I did not transfer the legal title – that remained with me.”

This language around “gifting” has led legal experts to suggest to the Sunday Times that a trust may have been created, which could have helped him avoid any future inheritance tax liability upon the death of his parents. His mother died in 2015 and his father in 2018 and their estate does not appear to have been big enough for inheritance tax to apply.

 

[motorbiking]

Yeah but Mone and her greedy grasping hubby stole £122 MILLION pounds form UK taxpayers. That's the equivalent of 3000 Raynor amended payments.
Tory scum sure knows how to thieve.

Nobody stole anything.

 

[noseall]

But they don’t moan about multi million pound benefit scroungers.

Standard. All they can do it let out a big envious whistle, when they see their Tory scum/chum heroes stealing form the UK. You are talking about people that get a hard-on for large amounts of money and despise those with small amounts of money.

 

[MNW67]

Starmer bought his parents a field at the back of their house for £20,000 because his mother liked donkeys. He later sold it for almost £300,000 in 2022. The obvious structure would have been that Starmer owned the land throughout this period while his parents simply used it for their donkeys.

He forgot to declare it to the parliamentary authorities for some years while an MP, for which he apologised at the time. And in a statement to the parliamentary standards commissioner in 2022, Starmer said: “I immediately gifted the land to my parents for as long as they should live but I did not transfer the legal title – that remained with me.”

This language around “gifting” has led legal experts to suggest to the Sunday Times that a trust may have been created, which could have helped him avoid any future inheritance tax liability upon the death of his parents. His mother died in 2015 and his father in 2018 and their estate does not appear to have been big enough for inheritance tax to apply.

So, if he actually remained the owner, how has he dodged inheritance tax. Or is it, perhaps, about capital gains tax or other taxes. Can you just explain a bit more about how tax was avoided.

 

[motorbiking]

So, if he actually remained the owner, how has he dodged inheritance tax. Or is it, perhaps, about capital gains tax or other taxes. Can you just explain a bit more about how tax was avoided.

How do you give something away and retain title to it? You are welcome to do your own research.

Back to this case:
- PPE medpro Ltd has assets of £600k - is now being wound up.
- Govt lost their case for costs and damages and won the amount paid only.
- All they ended up doing despite the bluff and bluster claims about undue enrichment was win a claim that the gowns were not according to specification to be sterile.

- first rule of litigation - don't sue anyone who can't pay.

 

[gas112]

Starmer bought his parents a field at the back of their house for £20,000 because his mother liked donkeys. He later sold it for almost £300,000 in 2022. The obvious structure would have been that Starmer owned the land throughout this period while his parents simply used it for their donkeys.

He forgot to declare it to the parliamentary authorities for some years while an MP, for which he apologised at the time. And in a statement to the parliamentary standards commissioner in 2022, Starmer said: “I immediately gifted the land to my parents for as long as they should live but I did not transfer the legal title – that remained with me.”

This language around “gifting” has led legal experts to suggest to the Sunday Times that a trust may have been created, which could have helped him avoid any future inheritance tax liability upon the death of his parents. His mother died in 2015 and his father in 2018 and their estate does not appear to have been big enough for inheritance tax to apply.

who would have thought someone with all his legal qualifications would get something as basic as that wrong

 

[MNW67]

How do you give something away and retain title to it?

Obviously, a trust is one way. That wasn't what I wanted to know. I was asking how you thought doing that would have saved tax in this case.

Nobody’s suggesting he let his parents use a field for tax reasons. The question is whether he created a trust for tax reasons.

My personal view is that, if he did, this wasn’t tax avoidance – because the tax outcome he achieved was the same as if he’d owned the field himself but let his parents use it

Keir Starmer, a field and a trust: the IHT facts

We examine evidence Starmer used a life‑interest trust over a Surrey field, how IHT rules work, and why any IHT saving likely didn’t bite.

taxpolicy.org.uk

 

[MNW67]

Govt lost their case for costs and damages and won the amount paid only.
- All they ended up doing despite the bluff and bluster claims about undue enrichment was win a claim that the gowns were not according to specification to be sterile.

So they only won the £122m part!

What are the bits in bold you refer to. How much would they have been worth.

 

[motorbiking]

133M or there a

Obviously, a trust is one way. That wasn't what I wanted to know. I was asking how you thought doing that would have saved tax in this case.

Keir Starmer, a field and a trust: the IHT facts

We examine evidence Starmer used a life‑interest trust over a Surrey field, how IHT rules work, and why any IHT saving likely didn’t bite.

taxpolicy.org.uk

I read that article also, he basically says he doesn't know, I noted his disclosure (Labour fanboy).

So they only won the £122m part!

What are the bits in bold you refer to. How much would they have been worth.

another 8M+ish

they will be lucky to get a few £100k.

if ever there was a reason to settle for something and avoid the bad publicity. I'm sure they would have got more.

 

[noseall]

So they only won the £122m part!

They have shown Tory scum greed in its purest form and made the public aware. They have shown how she recommended her own company for fast tracking taxpayer cash into her own coffers, for a pile of worthless landfill - and brazenly lied about it.

Greedy grasping lying Tory scum.