rubl
Crazy Mango Extraordinaire
The wondering type
Posts: 23,544
Likes: 8,905
|
Post by rubl on Apr 9, 2022 12:47:37 GMT 7
Since most UK citizens have no choice but to pay tax this news will probably be welcomed by many. "Sunak’s wife to pay UK tax after outcry, as PM denies non-dom knowledge Akshata Murty says she realises many felt her arrangements were not ‘compatible with my husband’s job as chancellor’ Sunak defends wife’s tax status as Labour and No 10 deny leak" www.theguardian.com/politics/2022/apr/08/rishi-sunak-akshata-murty-us-green-cards
|
|
smokie36
Vigilante
Posts: 15,648
Likes: 9,057
|
Post by smokie36 on Apr 9, 2022 13:22:41 GMT 7
Standard Tory behaviour.
|
|
chiangmai
Crazy Mango Extraordinaire
Posts: 6,229
Likes: 5,241
|
Post by chiangmai on Apr 11, 2022 10:44:07 GMT 7
I call foul on this, she was paying more in UK tax as a non-dom than 98% of UK taxpayers and it was all perfectly legal. This is an establishment plot to keep a capable man out of office.
|
|
rubl
Crazy Mango Extraordinaire
The wondering type
Posts: 23,544
Likes: 8,905
|
Post by rubl on Apr 11, 2022 11:01:42 GMT 7
I call foul on this, she was paying more in UK tax as a non-dom than 98% of UK taxpayers and it was all perfectly legal. This is an establishment plot to keep a capable man out of office. Rich people tend to pay more in tax if you look at the numerical value but %% wise it tends to be peanuts. Perfectly legal as in tax avoidance only but being the wife of the Finance Minister one is supposed to set an example. 'Noblesse Oblige' seems seldom understood by the nouveau riche.
|
|
AyG
Crazy Mango Extraordinaire
Posts: 5,871
Likes: 4,555
|
Post by AyG on Apr 11, 2022 11:23:42 GMT 7
Of course, she'll now just rearrange her affairs so that her investments are held through some anonymous trust in the Virgin Islands or some other tax haven. She's not actually going to be paying an equitable amount of tax. Rich people never do. This news is all window dressing.
|
|
chiangmai
Crazy Mango Extraordinaire
Posts: 6,229
Likes: 5,241
|
Post by chiangmai on Apr 11, 2022 14:01:34 GMT 7
I call foul on this, she was paying more in UK tax as a non-dom than 98% of UK taxpayers and it was all perfectly legal. This is an establishment plot to keep a capable man out of office. Rich people tend to pay more in tax if you look at the numerical value but %% wise it tends to be peanuts. Perfectly legal as in tax avoidance only but being the wife of the Finance Minister one is supposed to set an example. 'Noblesse Oblige' seems seldom understood by the nouveau riche. Set an example for what or for whom? She was using the rules set by the UK government, she wasn't trying to evade, in that respect she was setting an example..
|
|
chiangmai
Crazy Mango Extraordinaire
Posts: 6,229
Likes: 5,241
|
Post by chiangmai on Apr 11, 2022 14:05:04 GMT 7
Of course, she'll now just rearrange her affairs so that her investments are held through some anonymous trust in the Virgin Islands or some other tax haven. She's not actually going to be paying an equitable amount of tax. Rich people never do. This news is all window dressing. She's 10 years into a maximum 15 years during which she can use the non-dom option, thereafter she becomes taxable anyway. All this farce has done is to accelerate the process and rob the country of an opportunity to employ a useful financial mind. He will no doubt leave government and move to the US sooner rather than later, that even robs the UK of her tax payments.....it's ludicrous.
|
|
rubl
Crazy Mango Extraordinaire
The wondering type
Posts: 23,544
Likes: 8,905
|
Post by rubl on Apr 11, 2022 14:43:53 GMT 7
Rich people tend to pay more in tax if you look at the numerical value but %% wise it tends to be peanuts. Perfectly legal as in tax avoidance only but being the wife of the Finance Minister one is supposed to set an example. 'Noblesse Oblige' seems seldom understood by the nouveau riche. Set an example for what or for whom? She was using the rules set by the UK government, she wasn't trying to evade, in that respect she was setting an example.. The UK tax rules (or laws) allow tax avoidance. Perfectly legal. Still for people who are at the lower ranks of income avoidance especially by politicians or their wives also reinforce the view that there are two sets of rules, one for the rich and/or mighty and one for the others. Furthermore the 'others' seldom get away with any nice sounding excuse which only helps to reinforce the view even more. Up to a point I'm surprised that some groups have not rising in protest because of the attitude of this non-integrated foreign female.
|
|
chiangmai
Crazy Mango Extraordinaire
Posts: 6,229
Likes: 5,241
|
Post by chiangmai on Apr 11, 2022 15:21:18 GMT 7
Set an example for what or for whom? She was using the rules set by the UK government, she wasn't trying to evade, in that respect she was setting an example.. The UK tax rules (or laws) allow tax avoidance. Perfectly legal. Still for people who are at the lower ranks of income avoidance especially by politicians or their wives also reinforce the view that there are two sets of rules, one for the rich and/or mighty and one for the others. Furthermore the 'others' seldom get away with any nice sounding excuse which only helps to reinforce the view even more. Up to a point I'm surprised that some groups have not rising in protest because of the attitude of this non-integrated foreign female. If people don't acquire wealth by one means or another, of course they wont be able to use the same facilities on offer to those that have. Surely you're not suggesting poor people should receive tax credits in lieu of having acquired wealth! I earn a paltry 18K quid a year but I still take advantage of a tax perk that allows me to avoid paying most of the tax due each year by paying into a UK pension, it's one of the rules. Risen up in protest at what, not being smart enough to earn some money......rubbish. And non-integrated, WTF does that mean, how do any of us know how integrated she is or is not? She was paying 30K Pound s year in tax FFS, what more do you want!
|
|
rubl
Crazy Mango Extraordinaire
The wondering type
Posts: 23,544
Likes: 8,905
|
Post by rubl on Apr 11, 2022 16:14:04 GMT 7
The UK tax rules (or laws) allow tax avoidance. Perfectly legal. Still for people who are at the lower ranks of income avoidance especially by politicians or their wives also reinforce the view that there are two sets of rules, one for the rich and/or mighty and one for the others. Furthermore the 'others' seldom get away with any nice sounding excuse which only helps to reinforce the view even more. Up to a point I'm surprised that some groups have not rising in protest because of the attitude of this non-integrated foreign female. If people don't acquire wealth by one means or another, of course they wont be able to use the same facilities on offer to those that have. Surely you're not suggesting poor people should receive tax credits in lieu of having acquired wealth! I earn a paltry 18K quid a year but I still take advantage of a tax perk that allows me to avoid paying most of the tax due each year by paying into a UK pension, it's one of the rules. Risen up in protest at what, not being smart enough to earn some money......rubbish. And non-integrated, WTF does that mean, how do any of us know how integrated she is or is not? She was paying 30K Pound s year in tax FFS, what more do you want! The fact that you can explain things doesn't make it better for lots of people. It's like the 'obvious' which always seems to bring the need to explain. As for what more I want, I want nothing apart from understanding the issue and it's implications. BTW may I tell Roman Abramovich he has your full support?
|
|
chiangmai
Crazy Mango Extraordinaire
Posts: 6,229
Likes: 5,241
|
Post by chiangmai on Apr 11, 2022 16:45:01 GMT 7
If people don't acquire wealth by one means or another, of course they wont be able to use the same facilities on offer to those that have. Surely you're not suggesting poor people should receive tax credits in lieu of having acquired wealth! I earn a paltry 18K quid a year but I still take advantage of a tax perk that allows me to avoid paying most of the tax due each year by paying into a UK pension, it's one of the rules. Risen up in protest at what, not being smart enough to earn some money......rubbish. And non-integrated, WTF does that mean, how do any of us know how integrated she is or is not? She was paying 30K Pound s year in tax FFS, what more do you want! The fact that you can explain things doesn't make it better for lots of people. It's like the 'obvious' which always seems to bring the need to explain. As for what more I want, I want nothing apart from understanding the issue and it's implications. BTW may I tell Roman Abramovich he has your full support? Roman Abramovich is not the subject of this thread. But if by that you're asking me if his status as a non-dom has my support, yes it does, as does any one else who can use non-dom for tax purposes........rules is rules, neither Roman nor Sunak's wife created them, they just play by them. It strikes me there's more than a little envy in these arguments against!
|
|
rubl
Crazy Mango Extraordinaire
The wondering type
Posts: 23,544
Likes: 8,905
|
Post by rubl on Apr 11, 2022 16:56:16 GMT 7
The fact that you can explain things doesn't make it better for lots of people. It's like the 'obvious' which always seems to bring the need to explain. As for what more I want, I want nothing apart from understanding the issue and it's implications. BTW may I tell Roman Abramovich he has your full support? Roman Abramovich is not the subject of this thread. But if by that you're asking me if his status as a non-dom has my support, yes it does, as does any one else who can use non-dom for tax purposes........rules is rules, neither Roman nor Sunak's wife created them, they just play by them. It strikes me there's more than a little envy in these arguments against! Rules may be rules but need to be fair or seen as fair as well. To the benefit of the total population and accepting that some may have (a bit) more than others as people are different.
|
|
chiangmai
Crazy Mango Extraordinaire
Posts: 6,229
Likes: 5,241
|
Post by chiangmai on Apr 11, 2022 17:03:43 GMT 7
Roman Abramovich is not the subject of this thread. But if by that you're asking me if his status as a non-dom has my support, yes it does, as does any one else who can use non-dom for tax purposes........rules is rules, neither Roman nor Sunak's wife created them, they just play by them. It strikes me there's more than a little envy in these arguments against! Rules may be rules but need to be fair or seen as fair as well. To the benefit of the total population and accepting that some may have (a bit) more than others as people are different. One might ask whether it is fair or not that a couple can spend all their lives fornicating and producing unproductive sprogs that generate 18 years of tax deduction and vast amounts of income by way of benefits. Whereas the non-dom does pay 30k in taxes each year and ultimately will pay substantially more, Mr and Mrs multi-sprog pay nothing and are net receivers rather than givers. You tell me which of the two is fair and unfair!
|
|
rubl
Crazy Mango Extraordinaire
The wondering type
Posts: 23,544
Likes: 8,905
|
Post by rubl on Apr 11, 2022 19:29:50 GMT 7
Rules may be rules but need to be fair or seen as fair as well. To the benefit of the total population and accepting that some may have (a bit) more than others as people are different. One might ask whether it is fair or not that a couple can spend all their lives fornicating and producing unproductive sprogs that generate 18 years of tax deduction and vast amounts of income by way of benefits. Whereas the non-dom does pay 30k in taxes each year and ultimately will pay substantially more, Mr and Mrs multi-sprog pay nothing and are net receivers rather than givers. You tell me which of the two is fair and unfair! At least Mr/Mrs and offspring will be British and as I'm told a few years back 'we want to keep it that way'.
|
|
AyG
Crazy Mango Extraordinaire
Posts: 5,871
Likes: 4,555
|
Post by AyG on Apr 12, 2022 6:30:21 GMT 7
She was paying 30K Pound s year in tax FFS, what more do you want! Someone on a modest salary, earning £100,000 p.a. (gross) pays £34,396 in taxes. That's more than she's been paying with her multi million pound income. Personally, I'd like to see the non-dom tax exemption removed. Viscount Rothermere (owner of the Daily Mail and Trust) is also a non-dom because his father became a tax exile living in Paris. However, he seems to have his roots pretty deep into England. Apart from owning a national newspaper, he spent GBP 40 million building himself a new home there.
|
|