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.

That's not correct - she needed to nominate the property within 2 years of her marriage otherwise HMRC make the decision for her based on the facts. I read that in the link provided by Merrymouse

Yes you do need to initially nominate within two years, but you can also subsequently flip the nomination I think.

Eta: advice from HMRC confirms this:

community.hmrc.gov.uk/customerforums/cgt/6d099c36-92ca-ee11-a81c-002248c7cbe9#:~:text=You%20can%20elect%20to%20change,more%20residences%3A%20right%20of%20nomination.

Better take your evidence to HMRC, they are pretty hot on tax evasion.

oh you haven't got any..... i see...

Its not about party loyalties for me, its about yet another woman being hounded by the (male dominated) press in a way that simply does not happen to men.

There is simply no evidence that AR lied to avoid tax.

I often wonder why so few women in politics etc, these sorts of witch hunts confirm why.

IClaudine
Presumably she answered those questions when the police investigated whether she had broken the law i.r.o where she was registered to vote?

They didn't investigate previously - they decided not to;

A GMP spokesperson said: “We have received a complaint regarding our decision not to investigate an allegation and are in the process of reassessing this decision. The complainant will be updated with the outcome of the reassessment in due course.”

IClaudine
Yes you do need to initially nominate within two years, but you can also subsequently flip the nomination I think

Not at the point of sale though as you suggested?

The reply HMRC gave in the link above
says you can change the nomination at any time, so if you decide to sell one property and it is more advantageous to flip to it at the point, presumably that is what you would do.

But maybe ask HMRC using the facility above?

Alexandra2001
Its a matter of fact that Sunaks wife benefits from Infosys still trading in Russia

Is it a matter of fact that Infosys are still trading in Russia? I can't see any reports on that dated later than 2022 when they were in the process of pulling out.

DuncinToffee
Do we?

Perhaps not everyone but there is a poll;

The poll of 2,020 adults by More in Common found 67% thought Ms Rayner should make her tax advice public, while just 14% said she should not.

Why are you doubting that she told the truth to her tax adviser?

I am certainly not discounting it!

Its not up to AR to prove her innocence, its up to her accusers to provide evidence of wrongdoing.

Tax evasion is usually a criminal matter, so beyond reasonable doubt is the bar.

So why should she publish her tax affairs, do other politicians who have been found to have evaded tax by HMRC do so?

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

I think this is quite a clear explanation.

CGT is time apportioned and you wouldn’t be able to claim private property relief for a period that the house hadn’t been a main residence BUT you don’t pay CGT for the last 9 months of ownership anyway (18 months back in 2015).

IClaudine

I haven't got time to check the HMRC links now - but why did she lie about her living arrangements if she has been following usual tax arrangements?

I haven't got time to check the HMRC links now

🤣🤣🤣

You are funny, clav. Makes a change from I have to go out now.

Yet again "why did she lie....."

No evidence she did, just a belief.

An accountant would know that Angela Rayner’s explanation just showed she doesn’t understand CGT. They would also know that many clients pay the right amount of tax while remaining clueless about why, and many clients pay the wrong amount of tax because of ignorance, and later pay up and are just just charged interest and penalties with little fuss.

That doesn’t necessarily mean she under paid tax. The information required to calculate whether Rayner owed tax or whether she paid it is not in the public domain.

Ironically I suspect that if the shoe were on the other foot and this were about a Conservative politician, Rayner would be making comments that are similar to many on this thread - because her knowledge of CGT is patchy.

As far as I can see she didn’t lie.

Her explanation would have been correct if she wasn’t married.

She just doesn’t understand CGT.

IClaudine
Makes a change from I have to go out now

I do have to go out now - back in 3 days!

Is that poll from the same people who staged the protest?

I'll take back that comment as More in Common is a decent and proper organisation.

Maybe next time post a link to the article you quoted from.

Meanwhile, Tory Minister Michelle Donelan has cost the tax payer £34,000 in legal fees for tweets she made from her personal account, so def not covered under her ministerial roll.

This is relevant because it highlights the different treatment Tory women politicians get from the media compared to Labour ones.... i'll take this back when the Daily Mail goes after Donelan..... i wont hold my breath.

There is also no disputing what Donelan has done.

Very quiet round here, isn't it, @Alexandra2001?

Penny Mordaunt said that Donelan valued public money because she turned down a redundancy payment after serving as education secretary for 36 hours.

This was when we were told it was 'only' £15,000

Will Mordaunt now change her mind?

Hodges will be happy

Police have launched an investigation into Labour’s deputy leader Angela Rayner.

A Greater Manchester Police spokesperson said: "We're investigating whether any offences have been committed. This follows a reassessment of the information provided to us by Mr Daly."
^^
James Daly is the Conservative MP for Bury North.

Well, I hope AR has really has been truthful. If the police find any wrongdoing, she will be finished.

Unlike all the Tory crooks who get away with everything.

Indeed, it's 'beergate' all over again. Starmer and Rayner would resign if found guilty.

Meanwhile, Sunak who did get fined for breaking the law is now PM

Realistically nothing has changed. If AR is found to have done nothing criminal, all is well. If she has, fair enough. The double standard will still apply - I am still not seeing any frothing in the right wing press about Michelle Donelan, who definitely did commit a crime, that is, libel, and has cost the taxpayer north of £30k. But that's fine because she's a Tory.

Labour spokesperson:

“Angela welcomes the chance to set out the facts with the police. We remain completely confident that Angela has complied with the rules at all times and it’s now appropriate to let the police do its work.”