Goodness - golden boy Sunak now less popular than Starmer!

It's very generous of billionaires to donate thousands of pounds to various causes, but our world would be a fairer and better place if everyone just fairly paid their taxes.

rosie1959

vegansrock

The chancellor obviously benefits from her millions with his many luxury homes. I think they are currently on holiday in their millionaires apartment in California.

He was seen in Welwyn Garden City yesterday at a hospital visit

Teletransportation?

I wish I knew how it works.

I have just read Alpesh B Patel OBE a financial expert who pointed out that even if Mr. Sunak’s wife were to apply for U.K. citizenship/passport the taxes on her Indian business dealings would still be paid in India due to something called double tax jeopardy

Rather than knock this woman for doing something which is totally legal, lobby your MPs for a long overdue overhaul of the tax system. But this would have absolutely no
difference on the Indian tax system.

GrannyGravy13

I have just read Alpesh B Patel OBE a financial expert who pointed out that even if Mr. Sunak’s wife were to apply for U.K. citizenship/passport the taxes on her Indian business dealings would still be paid in India due to something called double tax jeopardy

Rather than knock this woman for doing something which is totally legal, lobby your MPs for a long overdue overhaul of the tax system. But this would have absolutely no
difference on the Indian tax system.

I can only repeat that non domicile status has nothing at all to do with citizenship.

Have you a link to Alpesh Patel's article?

So your natural domicile is where you make your home. In Mrs Sunak’s case the U.K.

£30k is paid every year to save tax. So Mrs Sunak has chosen to pay that every year and claims that she not domiciled in the U.K.

So this is possibly legal,

But is it moral?

It seems that Mrs Sunak has paid her taxes in India but why do we have the richest man in the House of commons as our chancellor. He has no idea how people cope on little money and seems he doesn't care.

Its getting so tiresome though, isn't it? The "its legal" excuse?

The wife of the Chancellor of the Exchequer doesn't pay tax in the UK - But its entirely legal.

Lord Whatsit MP has several jobs and earns millions - But its entirely legal.

The staff of Number 10 had parties when the rest of us couldn't, but they work together - so its entirely legal.

Its about time the government realised we don't want people who do things just because they are legal but because they are morally right.

GrannyGravy13

I have just read Alpesh B Patel OBE a financial expert who pointed out that even if Mr. Sunak’s wife were to apply for U.K. citizenship/passport the taxes on her Indian business dealings would still be paid in India due to something called double tax jeopardy

Rather than knock this woman for doing something which is totally legal, lobby your MPs for a long overdue overhaul of the tax system. But this would have absolutely no
difference on the Indian tax system.

There is something called a double tax treaty whereby if you are resident in one country and you have income from another country which is taxed (eg rents from a holiday home) you pay tax on the income in its country of source.

You are also liable to pay tax on the same income in your country of residence. If a DTT is in force you then get credit against, for example, your UK tax tax liability, the tax you paid in India.

Many people have holiday homes in Europe and if they let them during the year, they should be paying tax on that income in the country where the home is. As UK residents they should be declaring their world wide income, including the rents. If they pay tax in the UK at 20% but in the other country at 25% they would only get credit 20% and no refund of the difference in the UK. If the tax rates were reversed then they would pay the additional 5% in the UK.

Obviously this doesn't apply to non doms and those with fancy tax schemes and offshore companies.

Up to £100000 paid to Mrs Sunak’s company for furlough.

Good grief talk about taking the p…..s

George Osborne said he would reform the non dom law ( he didn't). The Sunaks have multiple homes and no doubt he will be spending Easter in one of them where he won't have to put the heating on.

WWM There is more to non domicile that the place where you make your home.

If anyone is seriously interested they can find the rules on the HMRC website.

The only reason to have non domicile status is to avoid paying tax in the UK on overseas earnings. It has to be applied for and costs money so it doesn’t happen by accident, it it a choice. When the chancellor was appointed the position of his wife must have been disregarded as a potential problem. It has come out now because of her company’s connection to Russia. It is not a question of legality but of doing the right thing. However, because we have a pot-kettle-black PM the British public are being asked yet again to turn a blind eye. Hell mend us if we keep on doing it.

Up to £100000 paid to Mrs Sunak’s company for furlough

Is that the same £100,000 that went straight to Winchester College?

Sorry Dinahmo I meant to put treaty not jeopardy.

Parsley3

The only reason to have non domicile status is to avoid paying tax in the UK on overseas earnings. It has to be applied for and costs money so it doesn’t happen by accident, it it a choice. When the chancellor was appointed the position of his wife must have been disregarded as a potential problem. It has come out now because of her company’s connection to Russia. It is not a question of legality but of doing the right thing. However, because we have a pot-kettle-black PM the British public are being asked yet again to turn a blind eye. Hell mend us if we keep on doing it.

Yes

CoolCoco

George Osborne said he would reform the non dom law ( he didn't). The Sunaks have multiple homes and no doubt he will be spending Easter in one of them where he won't have to put the heating on.

Apparently they have 4 homes. 3 in the U.K. and one described as a holiday home in the U.K.

Not the U.K. the holiday home is in USA

Goodness - golden boy Sunak now less popular than Starmer!

Does that mean he is more popular than Johnson?

Pantglas2

Of course I understand people wanting to better themselves DaisyAnne - it’s the hypocrisy I can’t get my head around!

The tories I know who bought their council houses and traded up etc aren’t the ones moaning that their kids can’t get social housing and the Labour devotees are!

It’s all very well saying more houses should’ve been built with the proceeds but because of the discounts given to long standing tenants they couldn’t have replaced more than 10% of housing stock.

So we are where we are because folks looked after their own interest - Thatcher was right if she said there’s no such thing as society, after all!

It's 40 years since the first council houses were sold, and the people who got the largest discounts had to have been residents for a number of years, so even the youngest would now be in their 60s. It's their grandchildren who are now looking for housing and failing to find anything affordable.
Most of the Labour devotees I know want social housing not just for their own kids but for all the people in inadequate housing or living rough. The Tories don't moan, because they don't care.

So I take it there is no more Dishy Rishi?

Fishy Rishy would be more apt.

Whitewavemark2

Up to £100000 paid to Mrs Sunak’s company for furlough.

Good grief talk about taking the p…..s

Its about time the government realised we don't want people who do things just because they are legal but because they are morally right.
Some chance!

MissAdventure

Fishy Rishy would be more apt.

Oh I love this! Thanks MissAdventure Fishy Rishi it is!

Sunak is certainly smart, but his family connections will dog him for sure, there will always be those who will sneer at his wealth.
I don’t really see a long political career for him, certainly not
PM.