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I'm sure they'll get there.
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Budget day is 26-Nov. Anyone able to work out the significance of making it that late?
Wing snd a prayer for what to turn up? |
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Here we go. She's bigger than the roll she's in which puts pressure on the one up, Starmer. You can't save your face and your arse at the same time. Both of which could look like PM Rayner :shocked:
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‘Tis one month before Christmas.
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Angela Rayner 'used disabled son’s NHS compensation' to buy seaside flat
https://www.express.co.uk/news/polit...econd-home-tax the gift that keeps on giving full story here https://www.telegraph.co.uk/politics...y-second-home/ |
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I wonder if they are capital gains tax issues with the transfers and selling of the property. |
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Setting up a trust and putting the property in the trust is also a way of circumventing inheritance tax.
I know this because I am also looking at this option. I don’t fancy it , because you don’t then own the property, the trust does. And there’s a whole myriad of potential issues you need to mitigate against. But, it is an option. |
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Angela Rayner pocketed £1000 of freebies while staying at new Brighton scandal apartment
Angela Rayner has compounded her scandal nightmare after it was revealed she accepted £1,100 in free tickets just days before her flat tax scandal emerged. According to her register of interests, Ms Rayner pocketed the costly gift to Brighton pride, as she settled into her new town. The tickets were provided by BN1 Events, and registered just one day before the first reports emerged of her new pad in the same coastal resort. Ms Rayner’s decision to accept the tickets raises further questions about the top Labour minister’s political judgement, https://www.express.co.uk/news/polit...ebies-Brighton |
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Is there a clue about Rayner's tax management intentions in that the constituency home was valued at exactly £650,00, which is the IHT threshold for Mr & Mrs Rayner?
There is a distinct possibility that she will lose her position as Deputy PM and SoS for Housing etc. In that case, she's well up shit creek regarding mortgage repayments. |
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as a law abiding citizen i pay my Taxes and expect the politicians who set those taxes to pay there's, i would say HMRC must investigate her dealings going back years to see if there is a pattern of tax evasion. and while there at it check her out for council tax irregularities it pisses me off when Starmer refers to her as a working class woman, she's deputy prime minister of the united kingdom ,that aint a working class job it's the top of the ladder,and hasn't she learned how to be first at the trough when the feeding frenzy starts |
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If we grant that Rayner was misadvised by the tax lawyer/accountant, we come down her personality and image.
On the face of it, she, as a tax-paying citizen, engineered her property transactions to minimise tax liability. That is entirely legal. Selling her share of the constituency home to the son's trust fund seems not to have crossed any legal lines. Bottom line would be that the money is realisable when/if the asset is liquidated. But, it's obviously part of the wheeze that any Conservative would have been shamed by her for doing. The waters then muddy further. In this saga, she has two primary residences; one in the constituency for council tax purposes (but she doesn't own any of that); the other is a primary residence in Hove for Stamp Duty purposes. The second 'wheeze' has fallen through and she owes HMRC £40,000 - a huge sum for ordinary working people. Politically, she is the Housing SoS (failing) and it's one law for her and another law for 'ordinary working people' - at least that's the perception. Remember also, that she labelled Conservative ministers as "****" (2021). By corollary, that remark applied to all Conservative voters. Her anti-Tory resentment will not have gone away, particularly now that said '****' are going after her. Next, there is Starmer. GB News is doing an excellent job digging up all the righteous speeches he has made about Boris, Patel and other Conservatives. Now Starmer needs to think carefully about what he says and does - because his words will always be made to haunt him by the media. The people generally dislike Starmer as much as they are now turning on Rayner. If Starmer does not remove her from office, or if she does not resign, he will be in Boris territory. Finally: will a donor/benefactor come forward to shove £40,000 her way? Will that benefactor buy the Hove property from her and then allow her to live there? And isn't the Hove property, a constituency bolt hole for her because she fears her Ashton seat will be lost? |
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Is the trust fund also paying part of the mortgage on the constituency home? All starting to look more than a bit murky. |
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Angela's new flat graffitied with "TAX EVADER"
https://news.sky.com/story/politics-...eform-12593360 looks like she's lowered the tone of the neighbourhood |
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It reminds me of when Boris defended that nice chap that took his family along to Barnard Castle for his eye check during Covid.
They're all the same, probably because individuals know where certain bodies are buried and if the digging starts all hell will let loose. |
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Angela Rayner's lawyers say they never gave her tax advice in huge blow
Lawyers that handled purchase of Deputy Prime Minister's flat say they are being made 'scapegoats' https://www.express.co.uk/news/polit...rty-stamp-duty |
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Oooooops-ieeee …..
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Can’t wait, if she goes, he eventually goes, they have no one of any competence to take over….maybe Wes.
General Election within 18months………….I hope. |
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oh . . well erm . . err . . umm
Surely that's gonna cause a bit of instability in the life raft :D |
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A matter of when not if she goes. Someone in her position has to take the best advice in her personal finances and have it watertight if challenged.
Starmer will stay. Rayner was a potential threat at one stage so he kept her close. I doubt he'll lose too much sleep when she goes with a tarnished reputation. |
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You’re right, she is accountable - personal responsibility.
Can I ask - where did the £5 million figure come from? |
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Link They must count future potential earnings, as no way was she worth $3.7m in 2019. The only equity in any property she has is the £150,000 deposit on the Brighton flat. |
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Her come-uppance is that her vitriol against her perception of non-ordinary-working-people is now biting her back. The very essence of an untenable position. |
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She has to go, really. I can understand that the circumstances of the purchase seem quite complicated, but if nothing else, she is Labour's attack dog who's gone after the Tories for things like these. Live by the sword, die by the sword.
It's not the first one either. The first one was when she declared the 'wrong' home as her primary residence, even though she was technically spending more time in a different one. That passed because it had more to do with her personal relationship, and people can accept that people in relationships don't immediately declare their primary residence as the one they're currently spending more time in. But this is worse, it's another scandal and she is Minister for Housing. |
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It’s so dead simple. In addition to being a vitriolic person, Rayner is an MP with important responsibilities that take her up to c. £150K salary. Her net worth is her deposit on the Hove property. The reason for choosing Hove? Safer future seat. Self parachuting. All the ministers rallying around her are bringing Labour into even greater disrepute. Millions of Tory ‘****’ like me see this episode as just desserts. |
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Issues surrounding the transfers of ownership and the reassessment of mortgages on the Ashton-under-Lyne property should be looked into. Is the trust paying part of the mortgage now? Why was she conveniently allowed to withdraw £162,500 from her disabled son's trust fund. Sounds all planned in advance. |
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Angela Rayner is expected to leave her Government jobs over her tax affairs.
Ms Rayner could quit as soon as Friday, days after admitting that she had failed to pay a £40,000 tax bill on the purchase of her seaside home. A decision is now believed to have been made on her future and she is expected to leave today, Sky News and The Times first reported. https://www.telegraph.co.uk/politics...-house-report/ |
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At least this is progress from their usual approach of letting it build and build for weeks before finally doing what they should have done from the start. It's been, what, a week?
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Starmer has the tax fiddle report
sky news reporting she's resigned from gov and deputy leader https://news.sky.com/story/politics-...eform-12593360 |
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Official now.
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How is she going to afford the Brighton flat, especially as she also loses the "grace and favour" home. Will the report be published? Or has her resignation sidestepped that? |
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How long before she strides confidently into a well paid role with a private firm (possibly one with close Government links)
. . . hey, do you think Reform will be interested? :rofl: |
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it seems that ethics isn't a place down south:)
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---------- Post added at 12:28 ---------- Previous post was at 12:21 ---------- Starmer dealt trade blow as investment minister Gustafsson quits The former boss of Darktrace is quitting Sir Keir Starmer's government after less than a year as a minister in the House of Lords, Sky News learns. https://news.sky.com/story/starmer-d...quits-13425429 busy day for the postie |
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---------- Post added at 12:42 ---------- Previous post was at 12:42 ---------- Quote:
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Well, she deserved that The Sir said she has acted with integrity. That will be picked over by the press. Apparently, her former Ashton house was overvalued at £625,000. And, at £625,000, this is a significant IHT threshold. So that smacks of thought through intention. So was her house overvalued? Then, why Hove? And the declarations of which was first home/second home when she had a free gaff in London. Finally, live by the sword (depicting Tories as “****”), and the one law for them and another law for “us”, her petard is now truly hoisted. A bad egg indeed.
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Glad she resigned, but once again you are making stuff up - she called a Tory MP, Chris Clarkson*, ‘****’ - you have exaggerated this to include all Tories…
*which she shouldn’t have |
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Rayner was apparently one of the government's most relatable and popular figures.
Will be interesting, in a macabre way, to see the effect on the government's ratings. |
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I don't think they can go much lower.
I am beginning to think the country is fundamentally ungovernable. We have talentless politicians with no talent, backbone or even a coherent sense of what they believe. We have a population that doesn't want to make up trade-offs or compromises; they want Scandinavian services with American taxes, and they've been encouraged that this is possible by simply stopping migration, making 'efficiency' savings or having wealth taxes. We can't build anything because politicians won't commit to projects that will outlast their governance, because NIMBYs will move heaven and earth to exploit every mechanism at their disposal to stop any progress on anything and a legal system that enables them. |
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Dont worry, if certain people on this forum are an indication, they could do much worse things and still be defended to death, while blaming the tories. ;)
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Read the independent adviser on ministerial standard's 3-page report here including
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In the spirit of Hugh, Rayner can now be where she is needed: looking after her disabled child in Ashton-under-Lyne.
Conversely, she could live in her newly purchased Hove home, but again, in the spirit of Hugh, she now meet her obligations to her constituents. Question: Is she damaged goods in terms of landing a lucrative job? POoor thing - as sit creek as it gets. ---------- Post added at 15:52 ---------- Previous post was at 15:52 ---------- Quote:
---------- Post added at 15:58 ---------- Previous post was at 15:52 ---------- Lammy is the new deputy PM. Cooper is Foreign Secretary. Mahmood is Home Secretary. |
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But as I posted yesterday, it was only a matter of time as to when she left. |
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so they've all done a crap job and now they're being shuffled around to do a crap job somewhere else |
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This seems to be about getting Cooper out of the Home Office without annoying her.
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Or will she obsfucate the whole thing, so that nothing happens in this parliament………… As Justice Secretary she did say some robust things, let’s see how she performs on this issue, and with illegal immigration. |
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Anyone else think that the size of the re-shuffle indicates a lot of it was in the pipeline anyway?
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There’s one person that should to go in this shake up and I’ve heard nothing: Rachel Reeves. I still open up the news each day in hope.
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Trouble with all politicians is that they think that you can borrow your way out of trouble. Really need to read Dickens.
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https://www.telegraph.co.uk/politics...er-losing-job/
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She only speaks chav who want's to listen to that she should get her name on the council house waiting list |
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Will the new Home Secretary reverse the Palestine Action terrorist designation?
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Sky reports 150 arrested at demo |
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Our new deputy prime minister ladies and gentelmen.
https://www.cableforum.uk/board/atta...1&d=1757193061 |
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