Angela Rayner's tax affairs

[Ihateboris]

I was a few days late submitting my Tax Return due to being in hospital last year and as result I was charged £100 late filing penalty.

AIBU to think that Angela Rayner should have to pay interest and penalties for underpayment of Stamp Duty. This makes me so fucking angry.

You realise that she did do as she had said others should and resigned?
A politician who put her money where her mouth is should be applauded.

Last time I checked, she’s still an MP.

On the contrary, I appealed my late fee and they wrote it off.

Simply not true. The tax office does lots of deals and runs things like the Let Property Campaign.

Angela Raynor's tax issue may well have been a mix up, Nigel Farage pocketing many millions to do the bidding of his donors concerns me far more.

I don’t think she called on people to resign as MPs for tax issues has she? Just from Government positions. Which she did.

Sorry, this is simply ins't true. As someone who's had professional dealings with tax affairs, I can tell you HMRC is generally not interested in fining and prosecuting people, at least in not-straightforward cases, and where there's no evidence of deliberate underpayment, or concealment (which HMRC calls 'behaviour'). Rayner will have had to have paid interest on late payments.

An actual tax advisor has popped up on the thread to explain this, which you've ignored.

Not bothering to meet the 31 January deadline's in a different category, and as others have said, they're quite willing to waive the fine if you have a reasonable excuse.

Real shame how many Mumsnet people are keen to stick the boot into a working class woman, based on zero understanding. Way to go, sisters!

Farage isn't working class or female though, is he?

There’s more than enough ‘I’m terrified of a Reform government’ posts as well.
Mumsnet is a battlefield for both sides.

Yes but that’s explicit

Hate to break it to you but Rayner DID resign..... and has NOT be fined by HMRC.

Not quite sure why you're implying she has been fined?

Anyone can make mistakes with HMRC, in most cases, informing them within 12 months of the tax return and no penalty will be applied.

The OP has been treated fairly by HMRC, one has many months to submit a return, being in hospital over xmas/new year is not a valid reason.

They advertise very heavily on this requirement, everyone knows this.

Totally wrong, you ve 12 months to amend a tax return & genuine mistakes, where the tax payer informs HMRC, rarely result in a fine or penalty.

I'm more interested in Farage's financial affairs.

Yep

Don't care.

Are you an HMRC tax investigator? Is there a reason why you think you know more about tax law or normal process than they do?

Hmmm. .your research wasn't thorough enough. See my post regarding the scum that is Reform

Yes. In fact,more so.

The Times have quoted another stamp duty tax expert;

Sean Randall, an independent stamp duty tax expert, said that he found it “extraordinary” that HMRC had not fined Rayner for failing to pay the right amount.

He said: “Penalties can be imposed in two scenarios. A deliberate error, which is akin to fraud, and a careless error, which is akin to negligence. It seemed to me that she was quite clearly careless. One conveyancing firm had warned she get specialist advice, and another firm had recommended it.

“They had some kind of intuition, correctly, that Rayner’s tax affairs might be more complicated by virtue of her circumstances and recommended or warned her to get tax advice.

“I think if you asked 100 people on the street, 99 would say she was careless by not heeding those warnings. But ultimately, it is HMRC who decides. I find it extraordinary she’s been found not to have acted carelessly.”

I've looked him up;

Sean Randall is the UK’s leading, independent stamp duty adviser.

Sean has 20 years’ Big Four stamp duty experience, including running a Big Four UK stamp duty team for five years. He is the chair of the professional body for stamp duty advisers, the Stamp Taxes Practitioners Group, the editor and author of Tolley’s Sergeant and Sims on Stamp Taxes, the author of the Law Society’s SDLT Handbook: A Guide for Residential Conveyancers, the author of the SDLT chapter of Tolley’s Tax Digest, a Fellow of the Chartered Institute of Taxation, the winner of Taxation’s Tax Writer of the Year 2017 and a non-practising barrister.

https://www.seanrandalltax.com/about

She was told to get expert tax advice. She chose not to

She used her disabled son’s trust fund to buy herself out of the property he lives in. What Mother does that to move in with her boyfriend 100’s of miles away?

Apparently her query was rushed through and HMRC can take 2 years to ‘look into queries.

TWO YEARS?? Having spoken to HMRC myself and spoken to someone who had a young child and a barking dog in the background something is going horribly wrong here.

There is nothing wrong with how the trust fund was used.

I will be leaving my house to my children.

There is no charge.

Questions should be asked about how Farage bought his Clacton house.

Jesus, start your own thread about Farage.