Angela Rayner to face investigation?

[Wombat3]

sugerbear said:

Wombat3 said:

matchmaker said:

sugerbear said:

Dont worry, there is a breaking news story on a conservative MP who "borrowed" £14,000 of his campaign funds for "stuff".

I bet this thread dies a death now.

As if...

https://www.bbc.co.uk/news/uk-politics-68841840

If he's done that it'd be fairly straightforward theft/embezzlement for which go to jail and do not pass go. (and much "tt").-

"The Times also reports Mr Menzies used a total of £14,000 - in several payments stretching back four years - from campaign funds to pay his personal medical bills."

Can you explain how this isn't .. A) theft and B) Tax evasion. As I am pretty sure he wont have paid a penny of tax or NI on those payments.

a) Try reading what I said

b) Somehow I doubt that the proceeds of crime are generally classed as taxable income (interesting idea though!)

[philv]

The telegraph reporting that labour destroyed documents that may have shed more light on her living arrangements, etc.

[Wombat3]

Rayner apparently now claiming that no CGT is due because she renovated the property.....

That might be an allowable deduction if she didn't actually live in it (and she has the receipts).


But I could swear she was telling us only a week or so back that no tax was due because "its the only home I owned" and that she lived there....

(In which case no tax would be due and renovation costs would be irrelevant).

She really ought to stop digging

[Gecko1978]

So Tory MP appears to have stolen money and was booted out till investigation. Labour MP appears to have lied to avoid tax an stays.

[Oakey]

Wombat3 said:

Rayner apparently now claiming that no CGT is due because she renovated the property.....

That might be an allowable deduction if she didn't actually live in it (and she has the receipts).


But I could swear she was telling us only a week or so back that no tax was due because "its the only home I owned" and that she lived there....

(In which case no tax would be due and renovation costs would be irrelevant).

She really ought to stop digging

Tax Advisor: "you renovated the property"

[bennno]

Oakey said:

Tax Advisor: "you renovated the property"

What are these monthly payments in to your account from your brother, oh those, nothing

[Wombat3]

Oakey said:

Wombat3 said:

Rayner apparently now claiming that no CGT is due because she renovated the property.....

That might be an allowable deduction if she didn't actually live in it (and she has the receipts).


But I could swear she was telling us only a week or so back that no tax was due because "its the only home I owned" and that she lived there....

(In which case no tax would be due and renovation costs would be irrelevant).

She really ought to stop digging

Tax Advisor: "you renovated the property"

Indeed....except that she's already told us she lived there in which case cost of renovations is irrelevant. So is she now saying she didn't live there?

(Which of course would also solve the issue of any question over CGT on her husband's house.)

More holes than a swiss cheese.

[Mr Penguin]

She could have said that early on if it was true and completely killed the story. How ugly does a kitchen have to be for keeping it out of the news to be preferable to what has been reported for the last month or two?

[philv]

Gecko1978 said:

So Tory MP appears to have stolen money and was booted out till investigation. Labour MP appears to have lied to avoid tax an stays.

Is this the usual 'its ok that labour did this because the tories did that....' bks?

[Lotobear]

For sure our Angie appears to 'well on top of her brief' a vertiable intellectual collosus no less

[Biggy Stardust]

Wombat3 said:

Indeed....except that she's already told us she lived there in which case cost of renovations is irrelevant. So is she now saying she didn't live there?

(Which of course would also solve the issue of any question over CGT on her husband's house.)

More holes than a swiss cheese.

It's a Schrodinger's House.

[popeyewhite]

98elise said:

What is there to be terrified about?

Her hypocrisy?

[Vanden Saab]

Lotobear said:

For sure our Angie appears to 'well on top of her brief' a vertiable intellectual collosus no less

Can she not just pay him?

[Oakey]

Mr Penguin said:

She could have said that early on if it was true and completely killed the story. How ugly does a kitchen have to be for keeping it out of the news to be preferable to what has been reported for the last month or two?

Someone posted a link earlier in the thread to the listing for the house. Would love to know what was renovated!

[Gecko1978]

philv said:

Gecko1978 said:

So Tory MP appears to have stolen money and was booted out till investigation. Labour MP appears to have lied to avoid tax an stays.

Is this the usual 'its ok that labour did this because the tories did that....' bks?

No the point is investigation is happening whip has been withdrawn. The Tory Guy appears to have done worse but still as yet not convicted. Raynor also investigated but still in her role

[Amateurish]

Wombat3 said:

Rayner apparently now claiming that no CGT is due because she renovated the property.....

That might be an allowable deduction if she didn't actually live in it (and she has the receipts).

Wrong

[S600BSB]

President Merkin said:

Mr Penguin said:

Somebody else saying something unacceptable doesn't make what Rayner says and does acceptable.

No I agree. However, if posters continually criticise Rayner's character, then it's reasonable to look at the bigger picture. And the bigger picture looks like Pincher, Blunt, Menzies, Johnson, Wragg, Bone, Hancock, Bridgen, Knight, Warburton, Mone...

Rayner might be a wrong'un, we shall see but I do know tedious sanctimony when I see it.

Incredible when you think how many there have been!

[Legacywr]

119 said:

don'tbesilly said:

It’s well known that Penny Mordaunt is terrified of Angela Rayner after Rayner took Mordaunt to task in the HoC.

https://m.youtube.com/watch?v=bqqqWAI-6QQ&pp=y...

” Rayner a formidable presence at the despatch box”

Blimey.

To start with she thinks she can smirk it off… then half way through she pulls her mask up…

[Wombat3]

Amateurish said:

Wombat3 said:

Rayner apparently now claiming that no CGT is due because she renovated the property.....

That might be an allowable deduction if she didn't actually live in it (and she has the receipts).

Wrong

How so?

If she lived there & it was her main residence then its completely irrelevant because CGT is not applicable.

If she didn't live there then she may be able to offset the cost of improvements against CGT. IIRC the amount of CGT payable is determined by the percentage of the time of your ownership that you lived in the property (with a 9 month additional allowance). Not sure whether you can offset 100% of the value of improvements if, for example, you only lived in the place for 50% of the period of ownership. Someone may be able to advise.

In any case, one minute she's telling us she lived there & therefore no CGT is due & the next she's telling us no CGT is due because of improvements (which would only ever be relevant if she didn't live there).

She's now tripping up over her own statements.

[James6112]

119 said:

don'tbesilly said:

It’s well known that Penny Mordaunt is terrified of Angela Rayner after Rayner took Mordaunt to task in the HoC.

https://m.youtube.com/watch?v=bqqqWAI-6QQ&pp=y...

” Rayner a formidable presence at the despatch box”

Blimey.

Blimey.
A Daily Wail video from 2 years ago.
Desperation.