Point taken JC. I suppose what got my goat this morning was Badenoch claiming AR should have resigned earlier which was a bit rich coming from a Tory.
Yep.
The question not asked yet, is what value was used to determine the amount the trust paid to acquire the 25% stake in the Ashton house. If it was the open market value for a 25% share in a house, fair enough. If it was any more than that, then whichever way it is dressed up, money has been taken out of the trust, to contribute to a £800k flat purchase down South, made by someone who is not a beneficiary of that trust. I suspect that by the time the Sunday papers come out, this might be the question.
I even showed you the text from HMRC but still you dig your heels in. Bizarre.
Unfortunately you are right they are all the same self serving career politicians who are in it for themselves and not the electorate. Which ever party they are in.
You didn't know any of these rules when you started accusing Rayner.She doesn't need to claim beneficial interest, she may be deemed to have it. According to tax guidelines anyone with lifelong access to the property is deemed to have a beneficial interest.
Anyway, you said and I quote: "If he was over 18 she categorically would not have been in any trouble."
That statement is absolutely incorrect. "if he was over 18 she MAY NOT have been in any trouble" would be accurate.
It depends upon whether the HMRC determined that you have a beneficial interest in the property, and I suggest that someone declaring that (a) it is her main residence and (b) that she will be living there - even temporarily - to look after her son - would stuggle to get away with it.
SDLTM09815 - SDLT - higher rates for additional dwellings: interests treated as owned by an individual, trusts, children [including children subject to the Mental Health Acts]
Trusts
Where a dwelling is owned by another person subject to a trust which gives an individual a right to occupy the dwelling for life or the right to the income earned in respect of the dwelling, that individual is treated as owning the interest.
But either way, the reality is more nuanced than you seem willing to accept.
Aren't they all
People who are ‘into’ politics are an odd bunch.
Some of this is just obvious. You can't go back to a distant constituency every night from London. (Though Farage commuting from the US seems unremarkable.)
Half her critics are moaning because she doesn't live in the constituency and the other half are moaning that she does.
Thats why they all have a gaff in london yeah? They get an allowance to rent a house in london
Stop it. Most MPs are in the constituency four nights out of seven and all when Parliament isn't in session.
