Angela Rayner tax fail

[Iwishicouldflyhigh]

But it’s ok because she was just badly advised.
I’ll remember that excuse next time I fill in my tax return.

But still confused about one can have 2 main homes?

Some posters make excuse after excuse for this women. They make themselves look increasingly foolish

I was lead to believe a trust wasn't a good idea and would be seen as a deprivation of assets but that might be because it was my Mum wanting to do one and she is in her 70s.
Might look into it again. Like you said until they close the loopholes for the extremely wealthy then it's a fair enough thing to do.

If she lied she will be prosecuted. Cripes.

It's a completely different type of trust. Just ignore the PP.and take proper legal advice!

Labour supporters are rolling out all this nonsense on the poor working-class-woman-done-good is now being picked on by the nasty right wing press.

She got caught. Labour came into government on a high horse riding over the moral high ground, and it turns out they are just as sleazy as the tories with all their freebies and tax dodging.

Here you go

Why did she need expensive advise couldn't she understand on her own If she doesn't understand the rules there are plenty people who could claim the same Maybe there should be more clarity Labour where always harping on about needing clarity when the last government were in

As PPs have just mentioned the actual quote was "tax avoidance costs lives"

Apparently it was a post she put on Twitter, but I have it blocked so can't copy and paste; however never mind ... if too much is made of this I'm only waiting for "someone hacked my account"

The point at issue, which some posters are ignoring, is that she sold her share in the Aston property. She may therefore have told the conveyancing solicitor for the Hove property that she didn't own any other property. This is not the case as her name is on the deeds of the Aston property as a trustee of the Trust. For that reason, she is liable for the higher rate of stamp duty.

She was also paying council tax on that family property too right? Also proving she knew it was still her property.

I’ve posted screenshots above. Not sure where @blossomtoes has gone though…. Maybe to go ‘nuclear’?

You missed out the bit where she sold her 25% share in the house in Ashton to her disabled son. Then there was the capital gains tax debarcle too. She's not fit to serve in public office - it's very simple.

No
If people pay the wrong amount or don’t declare they are
first and foremost
notified and requested they fill out various forms and questions outlining the reasons behind non or low payment
The amount they owe is then calculated
they are fined in line with their standard policy
theres a % added by HMRC ( 17% recently ) for late payment and interest lost

Very few people end up being prosecuted

The rules for the payment of council tax are a different matter. Council tax is not about ownership but about where someone lives. People who rent pay council tax.

I watched her interviewed on this and had some initial sympathy but then thinking about it surely the trust was set up deliberately by both her and her husband to both avoid tax with the additional benefit of securing a house for their son in the future.

Only complex because she us clearly trying to avoid paying taxes at every turn. She's already done it once with the capital gains tax debacle ... she needs to go.

She said that both properties were her primary residence.

She couldn't have said that. Primary means first ie one, not two.

Rayner seems to want us to judge her on her intentions.

Unfortunately for her, we tend to only judge ourselves based on intentions. Others will judge us based on our actions.

She herself has judged others on their actions and found them wanting. And been very vocal about it. To then want the benefit of the doubt on this, as well as on the previous issue (was she claiming a single person council tax discount that seemed questionable?), seems a bit much.

I am impressed by Rayner. So much is stacked against her and yet she is deputy PM. However, this is a mess. Whatever the outcome of the Standard's Commissioner, she has shown poor judgement in not seeking legal advice on what is by her own admission a complex situation, not least because she's already had a public tussle about CGT on the council house she purchased at a large discount. She didn't need to be in this position.

Yes very manipulative if you ask me, “I made a mistake, I did it for my disabled son” So many posters defending her when the HMRC wouldn’t show them the mercy they are showing to her. The facts are: she broke the rules, The issue of her child’s disability has no relevance here. Nor have her tears. Its sickening.

Yes, so maybe she should have previously tweeted:
‘Tax avoidance costs lives (but only if you’re doing it to deliberately avoid tax and you’re a horrible Tory, definitely not when it’s just a really personally beneficial side issue to something else that you think you’re definitely going to be able to defend in public and you’re a poor working class Northern lass)’ …
just to cover herself for any potential future tax avoidance crises.

I can almost guarantee that she had a conversation with her ‘legal advisors’ who told her that standard stamp duty was payable because it was her only property.

When they asked her she said she didn’t own any others…that would be correct but of course there was the Ashton one held in trust with her name on the documents.That wouldn’t have been mentioned.

She will claim she didn’t understand that if you are under 18 you cannot own a property and that sorry and all that but she didn’t understand this so gave out the wrong info.

She might even claim to have no GCSE’s hence her confusion. People in desperate situations will say almost anything. The crying and the disabled son is just the start of this.

She might even hope that once she has admitted she didn’t really understand trusts she just might get away with it. And she just might..

Some of the posters on this thread will believe almost anything. And it’s not because she is a working class women. I wish women in positions of political powers wouldn’t turn on the tears when things don’t go their way.

She’s Housing Minister FFS. You couldn’t make it up. She needs to go.