Do some Tory voters now regret their decision?

rosequartz
So you think non-dom status and tax avoidance are defensible or good for the British economy? You think we should keep the status quo?

Boris quote

I am not sure, I don't think I know that much about the intricacies of this to pass an opinion, merely ask questions.

So: the scenario is a person has dual nationality, one of the nationalities inherited via a parent, resides in the UK but earns income from overseas and pays tax in the country where income is earned overseas.
Should that person also pay tax on that income in the UK? ie pay tax twice? Paying tax in both countries
Is that it, or have I got it all wrong?

and giving in now

Thinking about it it seems odd that Lib Dem voters would tactically vote Tory if they were cross with their party for not getting more Lib Dem influence on policies. They won't influence anything now!

rosequartz

In America, that is the case. American citizens are required to pay tax on income, wherever earned and whatever tax they have already paid on that income. I think I can remember Boris being characteristically incensed over this and hence relinquished his American citizenship.

I don't think that they did Penstemmon, surely not? voted almost anything else I think, maybe the minority parties?Talking about those Lib Dem voters that lean to the left, as the party is made up of those in the middle as well.

rosequartz

In America, that is the case. American citizens are required to pay tax on income, wherever earned and whatever tax they have already paid on that income. I think I can remember Boris being characteristically incensed over this and hence relinquished his American citizenship.

it was the most exciting election that I can ever remember , very unusual.
but whatever the disappointment felt by Labour voters, there will always be another election , that's the beauty of democracy. we can have all this fun again in five years time.

The non doms we are talking about are not keeping their overseas assets in places like the USA but in countries where they pay little or no tax. There are double taxation agreements with many countries so people don't pay tax in two countries - this is completely separate from the non dom issue.

I need to revise a comment. Boris Johnson did not inherit American citizenship, but was born there so obtained dual citizenship: British and American. He was not happy about being asked to pay tax to them.

I need to revise a comment. Boris Johnson did not inherit American citizenship, but was born there so obtained dual citizenship: British and American. He was not happy about being asked to pay tax to them.

Penstemmon, in the DM last week there was a list of 50 seats where the readers were asked to vote to keep Labour out. In 36 of them, if they were thinking of voting Libdem or Ukip, they were asked to vote Tory.
In 12 of them, they were asked to vote Libdem.

Overall, only 17.5% of seats changed hands. In this list, 36% changed hands. Tactical voting worked.

Is mumster an abbreviation of mumsnetter?

Have you come over here to escape the relentless election threads on there? Out of luck if that's the case!

Although you'll find some very like-minded posters.

What Ana meant to say is that you'll find some incredibly well- informed, intelligent, wonderful like minded posters. Hope you stay

It was a rather over-the-top statement that Lilly Allen made but I expect she was feeling - as some of us on here were - pretty devastated about the outcome of the election, and when people are upset they say and do silly things.

Conservative supporters like Paul Daniels, Tracey Emin and Griff Rhys-Jones - and, of course, the sweet and charming Katy Hopkins - have also at one time or another issued threats about leaving the country if Labour gets in.

I did look up some info about US taxation. I seem to recall that if an American citizen works for an American company but in another country, they can get some sort of dispensation given so that there isn't double taxation. It was all quite complicated to understand.

Mumster is the term my children use for me. I am not on mumsnet and do receive a state pension. Does that qualify? Thanks for the welcome. I think I need to stop posting messages twice, though.

An American friend explained that US citizens are not taxed twice if they live abroad but that no matter where they live in the world they must make a tax return, they are then taxed on anything that hasn't been taxed elsewhere.

As I understand Boris Johnson's position, he was taxed by the US on profits from his house sale in the UK - presumably it was his main residence, and so not subject to tax here.

There is a wealth tax here in France - not totally sure exactly how it works as we don't pay it but it seems that your world wide wealth is taken into account to decide if you pay it but on the form there is the question as to whether your total world assets are more than something like 1.3 million Euros. This does affect people who have their own pension pot as opposed to people like myself who have a Govt teaching pension - there is a reciprocal tax agreement so we need to declare income but also tax paid at source in UK and we get a credit for that. There does not appear to be a personal allowance here but a very low starting rate so for us it works that we pay about £500 more tax here than in UK which sort of means we pay it on our state pension or personal allowance. You are charged as a couple not individually.
If you pay very low taxes the tax office it seems informs other govt bodies - such as the equivalent body charging the council tax and that can be modified or waived. The year we moved here we were only living here for two months of the tax year so therefore paid no tax - we did not pay one of the house taxes either. I was worried we had not received the normal demand and went armed with cheque book to the local tax office where the man told me nothing to pay - I asked the question was it to do with the no come tax being charged and he agreed it was.
I suppose the rate of tax charged by different countries would play a part in whether the Non doms would need to pay tax - they would be likely to get credits for tax already paid elsewhere.

There's a Tory tax in Lewes.

www.theguardian.com/politics/2015/may/10/garden-centre-owners-10-tax-for-tory-voters-sign-goes-viral

My husband's just shown me that. Very funny. Brave of him too to potentially alienate a lot of customers. There are 19,000+ Conservative voters in Lewis and 5,000+ UKIP. I'd be worried about the Sun's interest if I were him.

On the other hand, perhaps he'll gain some customers from other parties. When I'm in the area, I'll make a point of going there!

I know Lewes, Sussex, have been there often, my mum lived nearby when she was alive, it's a very pretty place, the county town of Sussex I believe. It has a steep hill that divides the two halves of the town, so take good walking shoes Eloethan. One of my son's friends who was a politics student at nearby Sussex University deemed the residents a bunch of weirdos, don't know quite know what he was alluding to, maybe he had Royston Vasey in mind so be careful!

Is he offering free Sun Flowers to those who say they vited Labour?

Voted

What a plonker.

Plenty of other garden centres.