Goodness - golden boy Sunak now less popular than Starmer!

Probably helped them to purchase their holiday home in the USA.

Could have gone towards a lovely new hospital.

In my opinion - What Sunak needs to get to grips with is this: he’s inured to tax and cost of living rises, almost all the rest of us are not.

So, when he says we have to suck it up, it really doesn’t sit well. When he has the means to make our lives less expensive, and doesn’t yet still splurges our money on non-essential things like ‘net-zero’ and HS2, the kind of things that could have money wasted on them when the sun was shining, it also doesn’t sit well.

Bottom line, a really, really rich person telling us he needs more of our money to spend on things we don’t need or want grates very badly.

The Problem is that if you are a “non dom” you are supposed to have a home elsewhere and be a “temporary” resident in the UK.
If the Sunaks are temporary residents what the hell are we doing electing him as an MP, let alone chancellor

Someone renting for 15 years for a low rent, then buying at a high discount would have the same asset Dinahmo.
Of course people took advantage of it, why shouldn't they, but it still wasn't a good idea.
My last post, sorry OP.

The right to buy was blatant gerrymandering to get Thatcher elected, of course it was popular but put low wage earners at a big disadvantage because councils were deprived of the cash they needed to replace housing.

This

Jo Maugham
@JolyonMaugham
·
39m
Lots of things not illegal are still immoral. Like forcing children into poverty, making pensioners live in the cold and failing to pay your fair share in taxes.

But I suppose she pays her taxes to India.... should she be taxed twice?

If anyone thinks that rich people in India pay a fair share of the taxes they don’t know anything about the Indian tax system! Believe me.

Katie59

The Problem is that if you are a “non dom” you are supposed to have a home elsewhere and be a “temporary” resident in the UK.
If the Sunaks are temporary residents what the hell are we doing electing him as an MP, let alone chancellor

I think it's a bit more complicated than that. I have a friend who's lived in the US for decades and for tax reasons only spends 90 days a year in the UK - her case is what most of us think of.

However I read somewhere that for the super-rich you can live here full-time and still be 'non-dom' for tax purposes.

Supposed to attract wealth to the country - probably how we ended up with so many oligarchs.

Katie59

The Problem is that if you are a “non dom” you are supposed to have a home elsewhere and be a “temporary” resident in the UK.
If the Sunaks are temporary residents what the hell are we doing electing him as an MP, let alone chancellor

No you don't.

I'm sure this has been explained before but I'll try again.

Non dom has nothing at all to do with your citizenship status or where your 'home' is.

Don't confuse it with being 'resident for tax purposes', a status in which a Brit living abroad pays no UK tax on UK income but is taxed on it in the country they live in. This is subject to a restriction on the number of days a year they can spend in the UK.

Mrs S is 'tax resident' in the Uk, but:

Non dom status can be claimed to avoid tax on earnings from 'overseas' on the grounds that you do not intend to live permanently in the UK. This, in itself, has interesting implications for the state of the Sunak marriage. ?
This exemption is subject to a fee of £30,000 p.a. You have to be earning a considerable sum from overseas investments for it to be worth paying 30grand a year to avoid paying UK tax on it.

Two points raised earlier were

1) about double taxation of Mrs S's India derived income, but apparently the UK has treaty with India to ensure this doesn't happen.

2) Does she pay Indian tax on this money?
It seems doubtful as it is apparently offshored in Mauritius.

However I read somewhere that for the super-rich you can live here full-time and still be 'non-dom' for tax purposes.

That's because being a 'tax resident' and being 'non dom' are completely different things for taxation purposes.

This exemption is subject to a fee of £30,000 p.a. You have to be earning a considerable sum from overseas investments for it to be worth paying 30grand a year to avoid paying UK tax on it.

Her vast wealth is being protected by £30k exemption fee which is more than triple the annual income of those on state pension. It may be legal but it’s immoral and it stinks.

Shocking. That's enough to pay for Prince Charles's personal income.

"Akshata Murty may have avoided up to £20m in tax with non-dom status"

She is richer than the Queen.

She pays a smaller % of her income on tax than most of us.

What can you possibly do with that amount of money?

MissAdventure

It's not peoples wealth, really.
It's the ways and means they find to ensure they get to keep it, whilst denying others the basics of life.

This. I totally agree. You have it in a nutshell

Urmstongran

But I suppose she pays her taxes to India.... should she be taxed twice?

That is an issue with which we -the U.K. need to get a grip.

We have become the biggest tax avoidance go to in the western world.

The vastly wealthy use the U.K. domicile law to avoid paying as much tax as possible.

Nothing illegal of course, but very questionable from the moral perspective.

Mrs Sunak is doing nothing wrong. She is not a politician and can do this without breaking the law. If the politicians don't like this (and this has been allowed for years and years) then the law should be changed.
Most people do not pay the maximum amount of tax they possibly can, will claim the various allowances and moan about any tax increases but get very offended when other people try to limit their tax bills. These loopholes can be closed and our energies should be put in to campaigning for them to closed rather than criticising the people using them.

Its one rule for them another for us isn't it? Keir is just playing it safe, I want the headlines reserved for Tory crap, they are so good at filling them now we are getting to know what a load of cheats they are!

I agree with the above poster.
It won’t make anyones situation better by penalising her. She’s not the politician.
I wonder how many other people “fiddle” their taxes?

I meant I agree with “icanhandthdmback”

But it is said both Sunaks held US green immigration cards (which is conditional on intending to live and pay tax there) until a year in or so after he became a Minister so how can she say (in support of her non-dom chosen status) that she intends India to be her final resting place? It the usual one rule for them and one rule for the little people.

Pantglas2

It’ll be the same people who didn’t have a good word to say about him even when they were grabbing all that furlough money.

I have friends who bought their council houses and still hate Thatcher for depleting social housing stock!

Bet some of them later sold same council houses at market rates. It’s so easy to be holier than thou.
Anyway Sunak’s wife isn’t a public figure and her tax affairs are nothing to do with us.