Tax Havens

What Cameron did may well be legal. But I think the point is (as expressed by Corbyn on Marr this morning) that, at the very least, Cameron has a moral case to answer.

Why should he get away with this when Hmrc are down on the rest of us like a ton of bricks?

There is an issue with the PM, he had off shore shares . He did not disclose these shares whilst an MP. And sold them just before the 2010 election.

He said he would release his tax returns but has only released figures from his accountants

HMRC. Are only down on people like a ton of bricks if they act illegally, and in case you can't understand, the Cameron's haven't!

So you have seen his tax returns niggly?

"The first and most important point to make is that the Prime Minister has not published his tax returns. He has provided a sort of dance-of-the-seven-veils version. He’s shown you quite a lot of what you might like to see – but not all of it. ‘What else is there?’, you are bound to ask. Why can he not show us his actual tax returns? If the objective really is to improve transparency – you really don’t want me to push my metaphor – he ought to have followed John McDonnell’s example and published his full tax returns.

And you’re not made more comfortable when you come to look at who has provided the information."
That's from Jolyon Maugham's article.

Anyone believe that Cameron's normal accountants are based in Brigg?

Having received £56,000 for expenses such as clothes he stood in the house and mocked a MP 's suit , this sums up the man

For heaven's sake, my tax return is 16 pages long, with appendices for CGT. The summary I have seen on the front page of The Sunday Times seems to provide an adequate summary of DC's. Unless of course nothing any politician or accountant says can be believed, which is a tenable point of view but leaves us reliant entirely on the media. Half of us don't trust the left wing media, and half don't trust the right wing media.

Perhaps all MPs should provide summaries along these lines.

How can anyone produce detailed tax returns overnight? even Jeremy is taking a day or two to produce returns for our scrutiny! This whole conversation has overtones of some sort of mania/witch hunt! Don't over egg the pudding too much, the pendulum could swing the other way, it has been known!!!

McDonnell's are on the internet. Photocopied proper tax returns.
I can get mine off the internet if I want to. Surely Cameron can.
All you have to do is go to HMRC with your user ID, and there they are. They are all lots of pages long. Most of them say "not entered" because that particular line does not apply.

Agreed, Anniebach, about the clothes, but at least Corbyn can say he bought his clothes himself and was not subsidised by the taxpayer.
I think he might have annoyed a lot more people by that disclosure.

Cameron has a good line in mock, not very keen when it returned though

niggly I didn't say I thought Dave had done anything illegal.

As for HMRC getting on people's backs? They certainly got on mine last year, even though I owed them precisely nothing.

If you're a nurse, a cleaner, a teacher, or any other worker going about your business there's no way you're going to get away with not paying the tax you (rightfully) owe.

Why should Cameron be beyond scrutiny? Any tax avoided -akbeit "legitimately" is money that is not going into the coffers for the benefit of the country.

It's interesting to see all the other Tory excuses for not putting their tax returns online.
Amber Rudd says it would prevent rich people from wanting to become MPs.
I see that as a good thing. There are enough rich people in the commons already.

What is so special about a rich MP?

All the financial people are saying that, from what has been seen, he has done nothing wrong.
So this may well all be a storm in a teacup.

Tax havens, globally is an issue.

They are far more likely to be Tory MP's ?

From what has been seen - what has not been seen is the big question

I am going to start a thread on that whitewave.
I was thinking too anyway after reading a Katie Hopkins article.

I read that as well, Obieone. Do you mean the velcro one?

It depends on which financial people you read, Obieone.

www.taxresearch.org.uk/Blog/2016/04/10/david-camerons-tax-disclosure-a-story-but-maybe-not-the-whole-one/

The comments on that blog are very interesting.

Like we have been saying on here all along, illegal is not the same as immoral.
Saying that he is immensely proud of everything his dad has done is not the right way to go about rehabilitating himself.

Hardly 'sleaze' djen don't get carried away... ( by the courts for libel.)
obieone you are correct, Cameron has done nothing wrong and has paid all his taxes, it's a hysterical storm in a teacup, but globally some of these firms are no more than money laundering schemes for criminals and dictators who really do have ill gotten gains.So, yes, they do need looking at.

I agree with you grumppa that Cameron handled it badly, it could all have been done and dusted days ago.

"Sleaze", roses. I await my day in court.

How do you know Cameron has paid all his taxes?
You must be one of the family. You can't get away from it.
I notice he hasn't said anything about his house in Oxfordshire, with his lovely neighbours. Hope he's not claiming expenses on that.

I do hope Blairmore have not been involved in money-laundering.
Cameron is setting up a commission to find out.

Telegraph and Daily Mail have a lot to say about Cameron that is derogatory. Blimey I am in a very peculiar position finding myself agreeing with them. But and it is a big but, my agenda is totally different from theirs.

It wasn't done and dusted as even he understands how it looks to the poor who are suffering and the middle class who are paying. So he fiddled around much like he has in the past hoping it would go away as it did in the past. But this is too big even for Cameron.

He is unfortunate as he is one of millions able to take advantage of not paying your fair share of tax because of the avoidance techniques he has adopted and he is the PM who sits residing over all this avoidance which he has himself has said it is morally repugnant. Hypocrisy is one of the big irritants to the UK public.

djen you are becoming tedious with all this ' you must be his Mother/family ' stuff, do you know how many people live in Oxfordshire btw other than myself and Cameron?
Of course, I had forgotten that it was considered a crime by Socialists to live anywhere leafy and nice like the Cotswolds and surrounding area.
Various financial bods on tv have stated his tax affairs are all in order, but perhaps you should pay a visit to Downing Street and demand to see them?

I don't need to. I have seen what he has put out through his accountant.
It is not the whole story. He has paid some taxes.
There are still lots of questions that ethically minded tax experts are asking.
I can be patient and wait for the next instalment.

Actually where I live in Durham is quite leafy, thankyou.
I have lived in Hampshire. Winchester is just as classy as the Cotswolds.
Perhaps you ought to visit the Durham Dales.

I used to work in Winchester sometimes. Bloody awful place for parking. Quite nice otherwise.