Goodness - golden boy Sunak now less popular than Starmer!

There will be many like her residing in UK. It's only due to her being married to a high level politician she is being targeted.

crooks in suits

The Tory mindset.

My son has a job in Germany, where he lives, but another in the UK, where he teaches remotely. I think he pays all his tax in Germany at present. He will return to the UK in the Summer when his contract in Germany ends. He will then go full time in the UK and pay tax in the UK. My understanding is that the tax he pays in Germany on his UK income is higher than it would be here but it must be the way it works out under the double tax treaty. I don't really know the details of how it works but I heard him mention something about it when he took the second job.

For ordinary mortals doing jobs with modest income I'm sure it is a perfectly fair system, but for the very rich the question of legality v morality becomes significant. To have a chancellor who benefits from such an anomaly of the tax system and who cannot possibly really understand how the poor live is deeply problematic. No wonder his Spring statement did little to help the poorest in our society.

Sadly the people suffering most from the cost of living rises are those with no buffer to protect them, who were already struggling to manage. There will be increased pressure on the foodbanks and other charities who attempt to support them, and many will fall through the net I'm sure. Meanwhile RS and the other rich Tories can merely tighten their belts a little or simply settle for a few less £s in their bank accounts, while many in our country face desperation as their income falls and their expenses rise. I'm off now to volunteer at my local foodbank in the hope that in a small way I reduce the burden for a few needy people!

Then people can aim their criticism at the food bank users.

Oh dear - so much spite, envy and greed- so - Rishi had an excellent education - Winchester, Lincoln College Oxford, Stanford in California. His wife is also very well qualified. They are rich. I’m glad such an intelligent person is in charge of the exchequer. All private schools and probably some state schools and university colleges lobby their alumni for funds. I am annually asked for contributions to various projects by my school and university college. We have all just come out of a pandemic which has cost the country dear. Vladimir Putin has just clobbered a good recovery. If anyone didn’t expect life to be tough, more expensive and difficult after all this , then they are living on another planet. I was alive in the 40’s after WW2 - no central heating, one boiler in the kitchen , ice on the inside of the windows in winter, no sweets no toys, rationed food, no new clothes, yes - we survived somehow. The 1970’s were not easy either - interest rates at 15%- rationed electricity and heating, food shortages-
Who on earth would have liked to be in power over the last few years - as someone else said ‘ give the Sunaks a break’ and let them get on with the job. We are all going to feel the pinch so we’ll have to get used to it and thank god we’re not living in Ukraine.

He certainly won't be feeling the pinch.

4allweknow

There will be many like her residing in UK. It's only due to her being married to a high level politician she is being targeted.

How many do you think?

How many people who are able to see a tax advantage in paying the government £30,000 per annum because it will mean that they save more than that in the tax they won't have to pay on their overseas earnings? £30,000 pa is more than the average yearly salary in the UK.

As to why she is being targeted, please see my post at 12.46 today.

Oh dear - so much spite, envy and greed-

Certainly plenty of greed on the part of the Sunaks, montymops

Would you like some help in finding your moral compass? You seem to have lost it somewhere...

montymops

Oh dear - so much spite, envy and greed- so - Rishi had an excellent education - Winchester, Lincoln College Oxford, Stanford in California. His wife is also very well qualified. They are rich. I’m glad such an intelligent person is in charge of the exchequer. All private schools and probably some state schools and university colleges lobby their alumni for funds. I am annually asked for contributions to various projects by my school and university college. We have all just come out of a pandemic which has cost the country dear. Vladimir Putin has just clobbered a good recovery. If anyone didn’t expect life to be tough, more expensive and difficult after all this , then they are living on another planet. I was alive in the 40’s after WW2 - no central heating, one boiler in the kitchen , ice on the inside of the windows in winter, no sweets no toys, rationed food, no new clothes, yes - we survived somehow. The 1970’s were not easy either - interest rates at 15%- rationed electricity and heating, food shortages-
Who on earth would have liked to be in power over the last few years - as someone else said ‘ give the Sunaks a break’ and let them get on with the job. We are all going to feel the pinch so we’ll have to get used to it and thank god we’re not living in Ukraine.

When will people stop referring to the politics of envy? I'm not envious of his great wealth, or that of his wife. I doubt if many people are.

I am, however, certain that he is not the right person to be Chancellor. He is certainly well educated but his job was that of a hedge fund manager and I don't see how this trained him to manage a countries finances. There is more to being Chancellor than buying and selling investments.

His background does not help either for he has little or no experience of how most people have to be careful with their money and more people are heading for poverty and not being able to make ends meet.

montymops

Oh dear - so much spite, envy and greed- so - Rishi had an excellent education - Winchester, Lincoln College Oxford, Stanford in California. His wife is also very well qualified. They are rich. I’m glad such an intelligent person is in charge of the exchequer. All private schools and probably some state schools and university colleges lobby their alumni for funds. I am annually asked for contributions to various projects by my school and university college. We have all just come out of a pandemic which has cost the country dear. Vladimir Putin has just clobbered a good recovery. If anyone didn’t expect life to be tough, more expensive and difficult after all this , then they are living on another planet. I was alive in the 40’s after WW2 - no central heating, one boiler in the kitchen , ice on the inside of the windows in winter, no sweets no toys, rationed food, no new clothes, yes - we survived somehow. The 1970’s were not easy either - interest rates at 15%- rationed electricity and heating, food shortages-
Who on earth would have liked to be in power over the last few years - as someone else said ‘ give the Sunaks a break’ and let them get on with the job. We are all going to feel the pinch so we’ll have to get used to it and thank god we’re not living in Ukraine.

How often do you doff your cap every day?

jocork You are correct ... and Germany is very strict about it. If he didn't pay his tax in Germany, he would be deported. He almost certainly also pays German health insurance and probably National Insurance on his UK earnings ... that's how it works for us lesser mortals.

Jess20

A non- Dom must have an expectation to return to their country so where does that leave Rishi? Is she going to leave him behind or is he just living in the UK until she returns home? Or perhaps a marriage of convenience, or a long distance relationship? I think it throws their committment to the country he's in government into question

It doesn't say a lot about their commitment to the UK.

MissAdventure

He certainly won't be feeling the pinch.

I said to DH that perhaps Sunak ought to live for a year (although 6 months should do it) on the barest minimum income and have to use a food bank and wonder whether to put money in the meter or buy the children school shoes.

Playing with the country's finances is an academic exercise for someone so rich and with probably little understanding of how many people have to live.

Rishi Sunak ‘was declared permanent US resident’ while UK chancellor. Sunaks father in law owns Infosys. Public records also show Infosys has received more than £50 million in UK public sector contracts since 2015.

Meh, look at the Royal Family.
www.townandcountrymag.com/society/money-and-power/a34242784/queen-elizabeth-royal-family-tax-breaks/

www.theguardian.com/uk/2012/dec/14/prince-charles-estate-tax-avoidance

Why is a private citizen attacked? Her father, who was an engineering graduate from a middle class family founded Infosys, with some other people with $250 in 1981. Her mother was also an engineer, who invested in the company. I wonder if she was American and her father was Elon Musk , the founder of Google, whether people will be complaining about it, and insisting her share of Google should be taxed.

I don't think she has given £12million from her untaxed wealth to her son to save him from sexual assault claims. Also she is not hiding her wealth in the Cayman Islands like Rees Mogg, the Queen and Prince Charles who benefit from the law of only being taxed on remittances to the UK. Murthy's wealth is clearly seen and not hidden. She is using the tax laws available to her, and she is not in government. People like the Queen, the Barclay Brothers (owners of the Daily Telegraph - great supporters of Brexit ) do not pay their fair share of tax, and hide their wealth.
And what about Rees Mogg who moved his funds to Ireland after preaching Brexit, and has millions on Cayman Islands? He is only taxed on remittances to the UK.
www.bbc.co.uk/news/world-41880153

Anyway, the tax laws are unfair, and people like Rees Moggs voted not to change them.

Do you think a Chancellor or any politician should have to experience poverty in order to do their job?

If so, perhaps all midwife’s should go through pregnancy and child birth before qualifying, all orthopaedic Dr’s experience broken bones etc…

Some people feel sufficiently little link to the UK that they arrange with HMRC to pay elsewhere (in her case the suggestion is Mauritius). This requires an active step on her part.

In the Today programme the minister put up to defend them says she plans to return to live there. So either they are getting divorced or Sunak plans to emigrate after he has finished ruining Britain!

Nothing wrong with retirement abroad, I really wish I had when I had the chance.

Regarding the sale of council houses and the shortage of social housing stock. Thatcher forbade councils from using the money from the sale of the houses to build new ones. A purely political move to get votes. Pulled up the ladder and now we have the absolute mess we find the housing situation in. Even if you make a fortune on selling, whatever you buy will also be inflated, unless downsizing or moving to a cheaper area.
Housing is to house the people of this country, NOT a political tool or an investment. Housing is a right like food, water and air not the luck of the throw of the dice.

Ii think I read that the idea is that she will go and look after her parents at some point.

When i was studying UK taxation law, many moons ago, and fulminating about how a married women's income was treated as her husband's for tax purposes, I was none too gently informed that taxation rules are not fair (and not really intended to be fair) -- their purpose is to raise funds for the government.
Although there have been reforms since then, there is still much to be done on questions of non-domiciled and non resident people, tax havens and the super-rich in general.
Both Tory and Labour governments, past, present and future could and should do more. I won't hold my breath.
Recently we were holidaying in a large French city and were idly reading adverts for some new properties being built. They had three price levels -- one, the lowest, for local people, the next for other French residents and the third for foreign investors. It was the local council making those rules, and not the developers. Seems fair enough.

I think this has a strong element if truth about it.

Jonathan Lis
@jonlis1
Sunak is the author of his own misfortune by being v Thatcherite and v bad at politics, but once again we see who’s good at it: the greased piglet in No 10. He is utterly ruthless and will take down anyone in his way. Prepare for sudden mysterious bad headlines about Liz Truss.

Whitewavemark2

I think this has a strong element if truth about it.

Jonathan Lis
@jonlis1
Sunak is the author of his own misfortune by being v Thatcherite and v bad at politics, but once again we see who’s good at it: the greased piglet in No 10. He is utterly ruthless and will take down anyone in his way. Prepare for sudden mysterious bad headlines about Liz Truss.

As I said on t’other thread…. All very House of Cards.

What Mrs Sunak is doing is legal though it's not a good look for Rishi. The scandal is that these complex taxation rules are allowed to continue. Reform is long overdue but unlikely to happen any time soon.

Rishi annoys me with his ostentatious wealth. He has been photographed recently wearing trainers costing over £300. A couple of years ago he he was photographed with a "smart" heated coffee mug that cost nearly £200 and keeps his coffee at the right temperature for a couple of hours. OK, we get it - Rishi's a rich guy. Maybe he has a gold-plated lavvy seat - fine but I don't want to know about it.

Rishi's fall from grace now must be manna from heaven for Boris as he looks towards the next election.