‘Landlady’ Angela Rayner withholds tax advice as police investigate

I’m SOOOOO enjoying this. Delicious.

Reply to the comment left by Peter at 03/04/2024 - 11:21
So the article says:

"People who lived next to Sir Keir Starmer's number two before she became an MP have told the Daily Mail her claim that she and her husband maintained separate homes following their 2010 marriage is untrue."

I could be wrong but I suspect that these reports will be dismissed as hearsay.

And on this:

“But I don’t think we are going down the road of MPs, whenever somebody says, ‘Well what is happening with your capital gains tax’, we want to see all the information and detail.

“If we are, I am happy. If we are all going to have a level playing field… you show me yours and I’ll show you mine.”

That's not going to happen is it? So I suspect that this will be dismissed. But if she had a family member living in the property there will be a reason for that.

“I’ve been very clear on my advice that I’ve received.”
When questioned why she shouldn’t put that advice into the public domain, she replied: “Because that’s my personal tax advice.
But I’m happy to comply with the necessary authorities that want to see that."

MP's should be held accountable to the general public not just necessary authorities.

Why?

It is law that when you marry any children that were born before the marriage then have to be re-registered
Although her primary address may well have been in Vicarage Road - the house attracting the most CGT would have been the Lowndes Lane one and that would have been the one that was nominated, Therefore it would be exempt from any capital gain.
The £48,500 gain over the purchase price of the Vicarage Road property would be wiped out by the Capital Gain Annual Exemption , The Private Residence Relief , Any fees incurred in the purchase and sale, and any improvements made to the property.

Reply to the comment left by Juan Laconic at 03/04/2024 - 14:21
No point making assumptions. If the property was in just her name then there would have been just one CGT exempt amount. But there’d be fines for late payment.

If it walks like a crook, talks like a crook and swims like a crook..

I have written to Manchester Police who have done everything possible to deflect my queries just closing it down. So neighbours state that she said she was a “landlady” and her brother lived there. Presumably paying rent which I have to declare in my BTL properties under “Land And Property”. Did she or did she not do that if she was living elsewhere. And I assume initially signed up to a “Residential” mortgage. My understanding that mortgagors don’t take too kindly if in fact the property is let and a BTL facility not contracted. Having said that appreciate that some mortgage companies do take a relaxed view but just feel given the grief I have little doubt she will throw at us that the police should be investigating all possible angles.

Reply to the comment left by Cider Drinker at 03/04/2024 - 15:47
No CGT is owing due to the time limit being past for the collection of tax that has been carelessly avoided....

Reply to the comment left by Juan Laconic at 04/04/2024 - 07:34
Could you provide an official (dot gov) link that supports your statement?

There are time limits for claiming refunds of tax. Failure to pay is a different matter with fines and interest at 5%. For an elected MP, the implications are more serious.

I suspect a lot of folk are barking up a non existing tree? All a little boring?
Angela Rayner has done very well with her life and this is from a life long Conservative, not born with a silver spoon. There are too many of our party who have made far more than AR (if she made any) who are keeping their heads far too low. I am dealing at this time with the estate of a former Conservative official who is alleged to have never paid income tax on rented property? If true, dwarfs Angela Rayner's possible mistake? She may have got duff advice from a bloke in a pub, so b.... what?