whelk Posted 3 October, 2021 Share Posted 3 October, 2021 Anyone got the attention span to be interested? Booo to Tony Blair the hypocrite Link to comment Share on other sites More sharing options...
badgerx16 Posted 3 October, 2021 Share Posted 3 October, 2021 1 minute ago, whelk said: Anyone got the attention span to be interested? Booo to Tony Blair the hypocrite Is anybody surprised ? Link to comment Share on other sites More sharing options...
Matthew Le God Posted 3 October, 2021 Share Posted 3 October, 2021 44 minutes ago, whelk said: Booo to Tony Blair the hypocrite What was he hypocritical about? Link to comment Share on other sites More sharing options...
Fan The Flames Posted 3 October, 2021 Share Posted 3 October, 2021 Bought a building via a holding company to avoid stamp duty. Normal sort of shit for those with money, not illegal. Link to comment Share on other sites More sharing options...
whelk Posted 3 October, 2021 Author Share Posted 3 October, 2021 (edited) Giving speeches back in 90s about closing tax loopholes and having a tax system on ‘ability to pay’. But don’t worry about the stamp duty as will pay capital gains tax when they sell. Although the overall story doesn’t seem too exciting and suspect will die quickly Edited 3 October, 2021 by whelk Link to comment Share on other sites More sharing options...
buctootim Posted 3 October, 2021 Share Posted 3 October, 2021 2 hours ago, Fan The Flames said: Bought a building via a holding company to avoid stamp duty. Normal sort of shit for those with money, not illegal. It was for his charitable foundation wasn’t it ? Link to comment Share on other sites More sharing options...
rooney Posted 5 October, 2021 Share Posted 5 October, 2021 On 04/10/2021 at 00:48, buctootim said: On 03/10/2021 at 21:49, Fan The Flames said: Bought a building via a holding company to avoid stamp duty. Normal sort of shit for those with money, not illegal. The property was already owned by the company before he bought it. It happens all the time. Link to comment Share on other sites More sharing options...
warsash saint Posted 5 October, 2021 Share Posted 5 October, 2021 Sounds about right ... focus on a leader in charge nearly 15 years ago & completely gloss over the millions donated to the current corrupt lot by dodgy donors! It's as if this website is a snapshot of the British media!! Link to comment Share on other sites More sharing options...
Mystic Force Posted 5 October, 2021 Share Posted 5 October, 2021 The nice thing about laws is that we can change them, so if something seems dodgy but legal we can fix it. Although I doubt there will be much appetite for actually doing anything. Link to comment Share on other sites More sharing options...
badgerx16 Posted 5 October, 2021 Share Posted 5 October, 2021 5 minutes ago, Mystic Force said: The nice thing about laws is that we can change them, so if something seems dodgy but legal we can fix it. Although I doubt there will be much appetite for actually doing anything. Certainly not among the law makers who are looking forward to collecting their share of the pie. Link to comment Share on other sites More sharing options...
Jeremy Corbyn Posted 6 October, 2021 Share Posted 6 October, 2021 On 05/10/2021 at 08:56, rooney said: The property was already owned by the company before he bought it. It happens all the time. But definitely shouldn't be allowed. Link to comment Share on other sites More sharing options...
rooney Posted 6 October, 2021 Share Posted 6 October, 2021 3 hours ago, Jeremy Corbyn said: But definitely shouldn't be allowed. But he was buying shares in the company whose assets comprised a building. If you are saying the stamp duty for share purchases should be the same for property purchases, you would have a revolution on your hands. Think how many millions of shares are traded on the UK Stock Exchange each day and if this reduced, the Capital System in this country would collapse. However all immaterial, as a change in the Finance Act would never be voted for by all MP'S in the House. Link to comment Share on other sites More sharing options...
Jeremy Corbyn Posted 6 October, 2021 Share Posted 6 October, 2021 6 minutes ago, rooney said: But he was buying shares in the company whose assets comprised a building. If you are saying the stamp duty for share purchases should be the same for property purchases, you would have a revolution on your hands. Think how many millions of shares are traded on the UK Stock Exchange each day and if this reduced, the Capital System in this country would collapse. However all immaterial, as a change in the Finance Act would never be voted for by all MP'S in the House. I get your point. But if you purchase a property and then live in it or rent it out for living, then it should be subject to the same rules. If you're buying it as part of a genuine business investment then that is different. I appreciate this stuff isn't easy to decipher/police but surely everyone should agree that "intentional tax avoidance" should be illegal. Link to comment Share on other sites More sharing options...
Mystic Force Posted 6 October, 2021 Share Posted 6 October, 2021 The one way to guarantee you fix such a problem is when too many people start doing it. Someone go check Jimmy Carr's house, if he is doing it they will definitely do it! Link to comment Share on other sites More sharing options...
rooney Posted 7 October, 2021 Share Posted 7 October, 2021 17 hours ago, Jeremy Corbyn said: I get your point. But if you purchase a property and then live in it or rent it out for living, then it should be subject to the same rules. If you're buying it as part of a genuine business investment then that is different. I appreciate this stuff isn't easy to decipher/police but surely everyone should agree that "intentional tax avoidance" should be illegal. Cannot disagree with your final sentence but I do not think many would enter into business transaction of his size simply to avoid tax. It would be down to its usefulness or what the asset can earn, to be the primary consideration, in my opinion. If it is happens to be owned by a corporate body, that would be a bonus to the purchaser in this particular case. Link to comment Share on other sites More sharing options...
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