Is Angela Raynor a liar or is it all anti Labour media bias?

[CormorantStrikesBack]

I’m well aware how anti Labour a lot of the main stream media seem to be so I wasn’t paying much attention previously to all the stuff about how she should have paid capital gains tax on her house, etc. she was adamant that she didn’t need to.

So it seems like she said it was her main residence so not liable for capital gains tax. But her husband and kids lived in a house a short distance away apparently for the first five years of their marriage which is unusual. A neighbour who lived next to her “husband’s” house said it was the main family home and Angela definitely lived there.

I’ll be sad if she has lied. Always thought she was on the side of the ordinary person. I guess the police/tax man might have a hard time proving anything though regardless of the neighbour’s statement. If all bills, etc were in the individual names there’s no evidence.

I do actually agree with you here, but I very much doubt that Angela Rayner voted Leave.

And those Leave voting drawbridge pulling voters do have kids, it's them I feel for.

But if she didn’t know about it why say she lived in a house that she didn’t live in? Because that suggests she knew that if she said she lived there she’d gain financially but illegally.

of course maybe she didn’t lie and she really did live in a separate house from her family and the neighbours hate her and they’re lying not Angela.

but I don’t think it’s a case of a misunderstanding.

The investigations need to continue. If she has a case to answer, then she needs to be held accountable. But, all this could just be right wing smears.

@Boomer55 "The investigations need to continue"

Why? It's already been established that she has no case to answer.

Fake News and smear campaigning is all they have left.

But because you and your husband are both intelligent people, you took tax/legal advice and avoided defrauding HMRC. Having bought and sold a few properties myself I know that conveyancing solicitors tend to be quite hot on that sort of thing.
I honestly don't see how you could not know CGT would be due when selling a second property. IMO it would be like your conveyancing solicitor neglecting to tell you about stamp duty.
This isn't about Tory vs Labour. I don't have much time for Labour, but then again I don't have much time for the Conservatives either. I'm non partisan so I'm certainly not going to defend one over the other if I think they've done something stupid.

I honestly don't see how you could not know CGT would be due when selling a second property.

Again your phrasing suggests you don’t fully understand the issue, despite having sold properties.

CGT is due on ALL gains on property unless you are entitled to a relief such as PPR. It’s irrelevant whether it’s a first, second property, third or fourth property. The question is just whether the relief can be claimed.

Here, Rayner would have been entitled to the relief if she nominated this property as her PPR. It’s possible that she delegated all her tax affairs to an accountant and didn’t pay attention to the details. We don’t know that any tax was underpaid. If she did claim PPR relief then CGT might be due when the second house was sold, but we have no knowledge of what happened then.

I can absolutely see how somebody who didn’t know much about selling houses wouldn’t realise that the fact that her marriage would impact her tax position when she sold her house. Had they not been married they could each have claimed PPR on the 2 houses. I have sold a few houses (including an house that was rented out) and can’t remember conveyancers being particularly on the ball about the ins and outs of CGT.

@BloodyHellKenAgain you say in your message that you've bought and sold several properties yourself. I agree that proper conveyancing solicitors are hot on this stuff, or at least the two or three I've used were. Not sure it's universal; the standard of work in the 'conveyancing factories' that are always cheapest in the modern world are that good.

Not sure if, at the time I was selling a house for the first time I'd have understood the rules about two houses rather than just ticking the box.

Rayner needs to say she's got an accountant and/or lawyer on the job of reviewing the transaction and that if anything is owed she'll pay it. There is though some doubt, according to Dan Neidle's website, some doubt as to whether HMRC would come after something that long ago.

@Motheroffourdragons do you think it’s believable that after she got married she stayed living at her first house and did not live with her husband (and kids)? Even though the neighbours said she lived at her husband’s house?

Again, if you have ever lived in a house, you can nominate it as your PPR, regardless of your current living arrangements.

• Really? Govt website says : the dwelling house has been your only or main residence throughout your period of ownership

If you’re married or in a civil partnership and you’re not separated from your spouse or civil partner, you can have only one main residence between you. If, when you married or registered as civil partners, you each owned a residence and you’ve continued to use both residences, you can nominate jointly which is to be the main residence.

https://www.gov.uk/government/publications/private-residence-relief-hs283-self-assessment-helpsheet/hs283-private-residence-relief-2021

According to Dan Neidle that's a simplified version and reality is more nuanced. There's tons of case law on it but far less conclusive than some would have us believe.

It all sounds as ropey as fuck
but as they say people in glass houses shouldn’t throw stones
she’s the first to shout for transparency but won’t realise her tax records

when taking the moral high ground you need to be squeaky clean

personally I think she’s used a loophole to recon she was living there even though there’s mounting evidence for neighbours she was living in husbands house

You can flip you main residence. I think I vaguely remember a few MPs were doing this ar some point.

www.informaccounting.co.uk/blog/swapping-your-main-residence-for-capital-gains-tax-purposes

MPs flipping homes, although this was mostly for expenses/allowances rather than cgt I think.

https://www.theguardian.com/politics/2009/dec/10/mps-expenses-50-flipped-homes

Says her who is so under educated, she could not even get into Europe let alone Canada. 🤣🤣🤣

I would not normally do this, but as you are accusing a poster of being "under educated"...

It is "says she" not "says her".

No actual proof in any of this.

@pleasehelpwi3 I asked @ForPeachWriter to provide any justification for that post-but nothing happened.

pointythings
Angela Rayner may or may not have done something wrong - the jury is still very much out. But she isn't in government, and context is everything:

Some context here regarding the police complaint;

3 April 2024
Last night a Conservative source said: 'All that is being asked is why Angela Rayner claimed to be living at one address on the electoral register, when her neighbours said she lived at another.

'Given she wants to be in charge of housing and electoral policies this isn't a big ask.'

the things Boris Johnson said to her about crossing her legs

I don't think Johnson made the comment himself;
https://www.standard.co.uk/news/politics/boris-johnson-angela-rayner-labour-mail-on-sunday-labour-mps-b996027.html

Let's not forget that the police have already investigated her and found nothing.

The police haven't investigated;

3 April 2024 - Greater Manchester police last night said it was still 'reassessing our decision not to investigate'.

it should not be the case that an MP or a national paper can just tell the police what to investigate and what not to investigate.

Lib Dem MP Layla Moran even wrote to the American Secretary of Homeland Security asking him to investigate Rishi Sunak with regards to US immigration and election rules - you probably didn't mind that.

Motheroffourdragons
She also said that she took tax advice which said there was no CGT to pay

We don't know what she told the tax advisor - the same nonsense about her living arrangements reported in the media? Or it could be that the advice is she doesn't have to pay now because HMRC are out of time to collect the tax? Although morally she should pay if that's the case.