Cameron Tax Dodger

Moby

chewmylegoff wrote: »

Are you going to explain which taxes Cameron avoided by declaring all of his income to HMRC or are you going to keep ignoring the question in a silent admission that you are unable to identify any taxes which he avoided? Come on, how much tax did he avoid and how?

Not really up on tax law or the running of off shore trusts....being a simple public servant on PAYE....don't need to worry about such things but I know a liar and a scumbag when I see one.
1. Why did it take him so long to come clean?:mad:
2. In his interview the Prime Minister insisted that he and his wife paid "all UK taxes in the normal way"........... However, he disclosed that he did not have to pay capital gains tax because his £19,003 profit on the shareholdings was just £300 below his and his wife's allowance.Tax experts said that it was "convenient" that the value of the sale fell just below the threshold at which he would have had to start paying capital gains tax.:mad:
3. The Prime Minister has still not said whether his mother, Mary, is the beneficiary of an offshore trust and whether his family could in time profit from this.;)
4.Did David Cameron's £300,000 inheritance from his father come from offshore sources?;)
In his interview on ITV News, Mr Cameron suggest he does not know. "I obviously can't point to every source of every bit of money, and Dad isn't around to ask questions now," he said.:rotfl:
5. His mother transferred two separate payments of £100,000 to his accounts in 2011, allowing the family estate to avoid a potential £80,000 worth of inheritance tax.:mad:

Generally I'd say ....as a person who can't claim a penny over my expenses without it being immediately knocked back....as a person who has been told by this Government that I can't have a pay rise for the last six years..... this is good enough for me!:-
http://www.theguardian.com/politics/2016/apr/09/david-cameron-questions-gift-mother

mwpt

Moby wrote: »

1. Why did it take him so long to come clean?:mad:

Maybe because there was nothing to "come clean" about and he didn't think he should have to reveal what are essentially private affairs on the whim of a bunch of witch hunters (like you).

Tromking

mwpt wrote: »

Maybe because there was nothing to "come clean" about and he didn't think he should have to reveal what are essentially private affairs on the whim of a bunch of witch hunters (like you).

lol!
That plan went well!

Rinoa

John McDonnell's pension managed offshore.

http://order-order.com/2016/04/12/mcdonnells-14000-a-year-pension-managed-in-guernsey/

mayonnaise

Rinoa wrote: »

John McDonnell's pension managed offshore.

http://order-order.com/2016/04/12/mcdonnells-14000-a-year-pension-managed-in-guernsey/

Moby, we need your input here. :rotfl:

Moby

mayonnaise wrote: »

Moby, we need your input here. :rotfl:

Actually:-
'Mr McDonnell's tax return and P60 revealed no income for the shadow chancellor beyond his work as a then backbench MP and £14,421 received from a Westminster City Council pension.

Desperate....hardly the same thing is it. We've probably all got funds invested abroad if we invest in a pension or have a final salary pension. I mean I can hardly tell LGPS where to invest their money.........big difference between that and running a shell company and the stuff i describe above! The thing that's strange is that these urchins are screwing you as well as me and you are so fawning to them!
http://www.theguardian.com/commentisfree/2016/apr/12/frankie-boyle-tax-havens-panama-papers

'Describing austerity as an ideology suggests that people like Osborne and Boris have a misguided faith in free-market principles that is simply too pure for this cruel world, when they’re actually two drinks away from robbing a charity box in a pub.':rotfl:

mwpt

Moby wrote: »

Desperate....hardly the same thing is it. We've probably all got funds invested abroad if we invest in a pension or have a final salary pension. I mean I can hardly tell LGPS where to invest their money.........big difference between that and running a shell company and the stuff i describe above! The thing that's strange is that these urchins are screwing you as well as me and you are so fawning to them!
http://www.theguardian.com/commentisfree/2016/apr/12/frankie-boyle-tax-havens-panama-papers

I got half way through that article and had to stop. Someone please tell me if it gets better than this when trying to take a pot shot at living within your means:

A standard rhetorical pose on the left is that austerity is not economic but ideological. Is it an ideology? Isn’t that giving a bit too much credibility to a philosophy that amounts to: “I think we should take everybody else’s stuff”? Describing austerity as an ideology suggests that people like Osborne and Boris have a misguided faith in free-market principles that is simply too pure for this cruel world, when they’re actually two drinks away from robbing a charity box in a pub.

What an absolute load of drivel. Sadly, that is what the left wing amounts to these days in the UK, drivel.

Moby

mwpt wrote: »

I got half way through that article and had to stop. Someone please tell me if it gets better than this when trying to take a pot shot at living within your means:



What an absolute load of drivel. Sadly, that is what the left wing amounts to these days in the UK, drivel.

No no give him a chance ....Frankie Boyle is a brilliant comedian not meant to be taken literally!

chewmylegoff

Moby wrote: »

Not really up on tax law or the running of off shore trusts....being a simple public servant on PAYE....don't need to worry about such things but I know a liar and a scumbag when I see one.
1. Why did it take him so long to come clean?:mad:
2. In his interview the Prime Minister insisted that he and his wife paid "all UK taxes in the normal way"........... However, he disclosed that he did not have to pay capital gains tax because his £19,003 profit on the shareholdings was just £300 below his and his wife's allowance.Tax experts said that it was "convenient" that the value of the sale fell just below the threshold at which he would have had to start paying capital gains tax.:mad:
3. The Prime Minister has still not said whether his mother, Mary, is the beneficiary of an offshore trust and whether his family could in time profit from this.;)
4.Did David Cameron's £300,000 inheritance from his father come from offshore sources?;)
In his interview on ITV News, Mr Cameron suggest he does not know. "I obviously can't point to every source of every bit of money, and Dad isn't around to ask questions now," he said.:rotfl:
5. His mother transferred two separate payments of £100,000 to his accounts in 2011, allowing the family estate to avoid a potential £80,000 worth of inheritance tax.:mad:

Generally I'd say ....as a person who can't claim a penny over my expenses without it being immediately knocked back....as a person who has been told by this Government that I can't have a pay rise for the last six years..... this is good enough for me!:-
http://www.theguardian.com/politics/2016/apr/09/david-cameron-questions-gift-mother

So, just to be clear, you have no knowledge of what tax he might have avoided by investing offshore but you are calling him a tax dodger anyway.

1. I agree he should have just said everything that he has now said in the first place. This isn't tax avoidance though.

2. The reason he didn't pay CGT is that it wasn't due because the gain was not large enough. This is clearly consistent with "the normal way" of paying tax in the UK. I assume that you don't send the govt a cheque each year for the tax that would have been due if your personal allowance for income tax did not exist. Do you think Cameron should have paid CGT even though none was due? If so, why? What other taxes should he pay that aren't due?

Are you trying to imply that Cameron sold his holding at undervalue in order to avoid tax? If so this would be a rather stupid thing to do given that he would lose more money than he avoided in tax. I think we can put that "theory" to bed.

3. Why should the PM disclose his mother's tax affairs to the world. I have no idea how my mother's tax affairs are arranged. What business is it of Cameron's to comment on this subject. If Cameron's mother murdered someone would that make him ineligible to hold public office?

4. The same - how is he expected to know. I received inheritance from a family member - why do you think I should be able to know exactly what the source of those funds was? As it happens I have no idea and no way of finding out as he is dead.... Receiving inheritance monies does not make you privvy to all of the personal records of the person you got the money from.

5. What should he have done? If your mother gave you a gift of £200,000 what would you do? Give it back? Pay tax on it even though no tax is due? I bet you wouldn't write a cheque for £80,000 out to HMRC. Why should any person who has received a gift pay tax on it? There is no gift tax in the UK.

Your position is rather irrelevant isn't it? The fact that you can't get a payrise and the fact that your employer has robust controls around expenses doesn't make Cameron an immoral tax avoider. To do that he would have had to both avoid tax, immorally. There is no need to consider morality as he hasn't avoided any tax.

mwpt

Moby wrote: »

No no give him a chance ....Frankie Boyle is a brilliant comedian not meant to be taken literally!

So I was trolled?

Apologies, thought it was trying to be a real bit of journalism.