Tories are still lying *******s

[Moulin Yarns]

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Okay lets go through what is wrong with this statement.

-No one is accusing them of tax dodging, they are accusing a person staying in No11 Downing street of tax avoidance, which is not illegal but pretty immoral, especially when her husband has put the highest tax burden on ordinary working people since the 1050s

-Your Nationality has nothing to do with your tax status in this case, she is a voluntary Non Dom tax status, it costs her £30k a year to have this status and it is specifically so she doesn't pay tax on all her income in the UK

-There is no proof whatsoever that she pays tax in India and that has nothing to do with her non dom tax status, you do not have to pay tax abroad to have non dom status

-You are correct that it is between 15-20 years she will no long be able to claim non dom status, she will pay tax on all her income in 2024

The fact that she is using tax avoidance methods that people in her husbands party called abhorrent when Jimmy Carr was doing similar and while she actually stays in No11 Downing street is the point here. It is not her wealth being held against her it is her unwillingness to pay tax using tax avoidance methods while staying in the chancellor of the exchequers house!! Conflict of interest much?

This is all detailed by Richard Murphy, Professor or accounting practices and Economic Justice Campaigner on this podcast from around 39minutes

https://podcasts.apple.com/gb/podcas...=1000556535854

The bit in bold, which I first heard about yesterday, is what strikes me because to pay £30k to avoid paying UK tax suggests (with no evidence) that her tax liability must be many times that amount, otherwise why bother?

[CropleyWasGod]

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The bit in bold, which I first heard about yesterday, is what strikes me because to pay £30k to avoid paying UK tax suggests (with no evidence) that her tax liability must be many times that amount, otherwise why bother?

In some cases, it's £60k.

I saw one report...unsubstantiated of course... that said her UK liability on her Infosys shares would.have been £2m otherwise.

[Kato]

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In some cases, it's £60k.

I saw one report...unsubstantiated of course... that said her UK liability on her Infosys shares would.have been 11m otherwise.

....and us as tax payers have a govt that has handed multi-millions on pounds over to her companies.

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[He's here!]

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Okay lets go through what is wrong with this statement.

-No one is accusing them of tax dodging, they are accusing a person staying in No11 Downing street of tax avoidance, which is not illegal but pretty immoral, especially when her husband has put the highest tax burden on ordinary working people since the 1050s

-Your Nationality has nothing to do with your tax status in this case, she is a voluntary Non Dom tax status, it costs her £30k a year to have this status and it is specifically so she doesn't pay tax on all her income in the UK

-There is no proof whatsoever that she pays tax in India and that has nothing to do with her non dom tax status, you do not have to pay tax abroad to have non dom status

-You are correct that it is between 15-20 years she will no long be able to claim non dom status, she will pay tax on all her income in 2024

The fact that she is using tax avoidance methods that people in her husbands party called abhorrent when Jimmy Carr was doing similar and while she actually stays in No11 Downing street is the point here. It is not her wealth being held against her it is her unwillingness to pay tax using tax avoidance methods while staying in the chancellor of the exchequers house!! Conflict of interest much?

This is all detailed by Richard Murphy, Professor or accounting practices and Economic Justice Campaigner on this podcast from around 39minutes

https://podcasts.apple.com/gb/podcas...=1000556535854

Her wealth, though, comes from India and as I understand it she can't move that family wealth into a British tax jurisdiction (unless maybe she pays double tax in the UK and India)?

None of this is news (ie in the sense that it's some sort of suppressed scandal that's only now been uncovered). It was well-known in Westminster that his wife is a non-dom, while the couple have hardly made any attempts to conceal their wealth. Sunak, I read today, hosts regular 'Gatsby-esque' parties at his country home. It seems, primarily, to have been pushed up the headlines partly by those within his own party looking to blunt his leadership hopes and, understandably, by those eager to jump on the coat-tails of a Tory-bashing opportunity.

[Kato]

Thank goodness he got caught monstering that bacon sandwich....


https://www.theguardian.com/politics...-status-labour

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[Kato]

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Her wealth, though, comes from India and as I understand it she can't move that family wealth into a British tax jurisdiction (unless maybe she pays double tax in the UK and India)?

None of this is news (ie in the sense that it's some sort of suppressed scandal that's only now been uncovered). It was well-known in Westminster that his wife is a non-dom, while the couple have hardly made any attempts to conceal their wealth. Sunak, I read today, hosts regular 'Gatsby-esque' parties at his country home. It seems, primarily, to have been pushed up the headlines partly by those within his own party looking to blunt his leadership hopes and, understandably, by those eager to jump on the coat-tails of a Tory-bashing opportunity.

Is pointing obvious enequities Tory bashing?

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[grunt]

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Her wealth, though, comes from India and as I understand it she can't move that family wealth into a British tax jurisdiction (unless maybe she pays double tax in the UK and India)?

This story has nothing to do with her "moving her wealth" anywhere. It's about where she pays tax on her (considerable) overseas earnings. Has nothing to do with double taxation either.

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None of this is news (ie in the sense that it's some sort of suppressed scandal that's only now been uncovered). It was well-known in Westminster that his wife is a non-dom, while the couple have hardly made any attempts to conceal their wealth.

Johnson today denied knowledge that she was claiming non-domicile tax status.

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It seems, primarily, to have been pushed up the headlines partly by those within his own party looking to blunt his leadership hopes and, understandably, by those eager to jump on the coat-tails of a Tory-bashing opportunity.

You've got that right at least. Any chance to bash these self-serving fascists, I'm there.

[cabbageandribs1875]

aw come on wtf's going on with this little dwarf sunak

[cabbageandribs1875]

Sunak's wife to pay UK tax on overseas income - BBC News

Rishi Sunak's wife Akshata Murty announces she will pay UK taxes on her overseas income, following a row over her non-dom status


too late hen the damage is done :)

[Ozyhibby]

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Sunak's wife to pay UK tax on overseas income - BBC News

Rishi Sunak's wife Akshata Murty announces she will pay UK taxes on her overseas income, following a row over her non-dom status


too late hen the damage is done :)

Must be nice to just have the choice like that. Must have decided that him getting the top job would provide a bigger return in the long run.


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[ronaldo7]

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Sunak's wife to pay UK tax on overseas income - BBC News

Rishi Sunak's wife Akshata Murty announces she will pay UK taxes on her overseas income, following a row over her non-dom status


too late hen the damage is done :)

If only everyone had just kept quiet about it, as everyone in Westminster knew about it anyway.

[ronaldo7]

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This story has nothing to do with her "moving her wealth" anywhere. It's about where she pays tax on her (considerable) overseas earnings. Has nothing to do with double taxation either.
Johnson today denied knowledge that she was claiming non-domicile tax status.
You've got that right at least. Any chance to bash these self-serving fascists, I'm there.

He'll U Turn on that one pretty soon.

[Radium]

Conservative peer provides a concise overview of the Conservative definition of we are all in it together


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[lapsedhibee]

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He'll U Turn on that one pretty soon.

Sure he'll be furious when he finds out who it is that's leaked/briefed.

[Glory Lurker]

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Conservative peer provides a concise overview of the Conservative definition of we are all in it together


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It's the shameless hypocrisy of it all. Tories are English, and up here British, nationalists to the core, or so they'd like to believe. Yet when it comes to the most patriotic thing you can do - pay for your country - they run a mile.

[Kato]

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The bit in bold, which I first heard about yesterday, is what strikes me because to pay £30k to avoid paying UK tax suggests (with no evidence) that her tax liability must be many times that amount, otherwise why bother?

https://twitter.com/quentinbudworth/...vQx_fG-BA&s=19

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[Jack]

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Can't see it they have been saying its for sale for decades. Its a huge vote loser so will never be. Although many on another thread were saying health care in Europe is better, so they might like it if its sold

Here's what has already happened.

Legislation has been passed allowing the NHS to be sold off.

Here's what will happen.

Despite the increased tax and NI (which won't be spent on the NHS as we know it) the torys will say that with great reluctance, despite our best efforts (and all your money) it is impossible for the NHS to remain solely funded by the public purse.

To start with there will be a hybrid model (NHS type plus insurance) as seen in some European countries but over time the full USA model will be here in the UK.

There's money to be made from poor peoples illness. It's only right and proper that very wealthy people become even more wealthy on the back of the majority of peoples misery.

[Stairway 2 7]

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Here's what has already happened.

Legislation has been passed allowing the NHS to be sold off.

Here's what will happen.

Despite the increased tax and NI (which won't be spent on the NHS as we know it) the torys will say that with great reluctance, despite our best efforts (and all your money) it is impossible for the NHS to remain solely funded by the public purse.

To start with there will be a hybrid model (NHS type plus insurance) as seen in some European countries but over time the full USA model will be here in the UK.

There's money to be made from poor peoples illness. It's only right and proper that very wealthy people become even more wealthy on the back of the majority of peoples misery.

This won't happen det your alarm for ten years and we'll see who was right

[James310]

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Here's what has already happened.

Legislation has been passed allowing the NHS to be sold off.

Here's what will happen.

Despite the increased tax and NI (which won't be spent on the NHS as we know it) the torys will say that with great reluctance, despite our best efforts (and all your money) it is impossible for the NHS to remain solely funded by the public purse.

To start with there will be a hybrid model (NHS type plus insurance) as seen in some European countries but over time the full USA model will be here in the UK.

There's money to be made from poor peoples illness. It's only right and proper that very wealthy people become even more wealthy on the back of the majority of peoples misery.

Labour would win a massive majority if that was announced.

[bawheid]

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Labour would win a massive majority if that was announced.

If you get rid of independent media and news organisations you won’t need to announce it. They’re playing the long game on this one.

[Stairway 2 7]

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If you get rid of independent media and news organisations you won’t need to announce it. They’re playing the long game on this one.

Luckily print media is close to dying and terrestrial going the same way. Most people get there news online which is bad for governments controlling the narrative, hence Putin banning social media. The downside is no editorial control ect

[Ozyhibby]

When it happens we’ll be told this isn’t privatisation and people will believe them. It’s likely that we’ll be told that paying for docs appointments is to stop foreigners abusing our amazing NHS. And we’ll all cheer. Or at least enough of us to make sure it happens.


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[Crunchie]

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aw come on wtf's going on with this little dwarf sunak

Anyone else not find this language/insult offensive?

[lapsedhibee]

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Anyone else not find this language/insult offensive?

You're right, it's highly staturist. But even worse, factually inaccurate. Sunak would be a big dwarf.

[CropleyWasGod]

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Anyone else not find this language/insult offensive?

As a grammar pedant, I am offended by the tautology.

[lapsedhibee]

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Anyone else not find this language/insult offensive?

As another grammar pedant, I'd want you to think about what you're asking here.

[Jack]

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Anyone else not find this language/insult offensive?

I must be missing something.

[Ozyhibby]

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Anyone else not find this language/insult offensive?

Of all things about Sunak that offends, Cabbageandribs1875’s description of him is pretty low on the list.


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[Jack]

Sunaks wife to pay millions in tax so that her husband can keep his £150,000 pa job!

Obviously nothing untoward going on here.

[Kato]

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Sunaks wife to pay millions in tax so that her husband can keep his £150,000 pa job!

Obviously nothing untoward going on here.

So. A u-turn. It beggers the question - if its wrong for her then it's plain wrong. Why should others be able to carry on tricking the tax man?

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