The matter of Angela Rayner's house sale isn't going away.....

I'm a bit hazy about electoral law. Do candidates have to state the address where they live? If so, my MP is in big trouble.

There are at least four camps on this thread though zakouma66
1 People from the right who want to bring her down
2 People from the left who think this is a trumped up charge by the right
3 People who want to know what has happened if anything and think she should be vilified or exonerated based on the evidence.
4 People who don’t really care either way but like a chat about what’s happening.

growstuff

Casdon

Have you got a hotline to Labour HQ Urmstongran, or are you fantasising? Seriously, Andy Burnham is not going to be Keir Starmer’s replacement, I bet you.

Quite honestly, I would have thought being leader of the Labour Party and/or PM is the last thing Burnham would want. He seems happy enough where he is (can't say I blame him).

Quite. He’s king of his own empire now.

Louella12

I wish Andy Burnham would replace Keir.

Are you aware of his role in the North Staffs hospital horror.
He didn’t exactly cover himself in glory.

If Rayner is found guilty of whatever it is she is accused of I hope that she is immediately sacked, as we can’t possibly have another government as bad as the last one.

Labour has to be the government of the highest standards.

petra

Louella12

I wish Andy Burnham would replace Keir.

Are you aware of his role in the North Staffs hospital horror.
He didn’t exactly cover himself in glory.

Some of us never forget the Mid -Staffs hospital scandal.
There are still unacceptable practices going on there and poor care.

I'm not rubbing my hands in glee - I would like to see reasonably honest politicians who don't try to circumnavigate the system for their own ends, and behave as if they are above the law. If Labour win the election , which looks likely, I won't take any pleasure in knowing that dishonest people are involved in running the country. The Government represent us on the world stage - known cheats, crooks and liars are hardly likely to enhance our status.

LovesBach

I'm not rubbing my hands in glee - I would like to see reasonably honest politicians who don't try to circumnavigate the system for their own ends, and behave as if they are above the law. If Labour win the election , which looks likely, I won't take any pleasure in knowing that dishonest people are involved in running the country. The Government represent us on the world stage - known cheats, crooks and liars are hardly likely to enhance our status.

I haven't been following the story in any detail. Which laws has Rayner allegedly broken?

growstuff

LovesBach

I'm not rubbing my hands in glee - I would like to see reasonably honest politicians who don't try to circumnavigate the system for their own ends, and behave as if they are above the law. If Labour win the election , which looks likely, I won't take any pleasure in knowing that dishonest people are involved in running the country. The Government represent us on the world stage - known cheats, crooks and liars are hardly likely to enhance our status.

I haven't been following the story in any detail. Which laws has Rayner allegedly broken?

Me neither so I have no idea what she allegedly did.

Must take more interest.

Thing is with Angela Rayner she has repeatedly called out anybody who she believes has not acted honestly. She does it all the time, usually yelling that she wants them to resign.

But when it comes to her own allegedly dodgy dealings it’s a different matter. 😝

Casdon

Urmstongran

I can dream Casdon! Yes just speculating as one does on a Friday tea time up North….
😁

Also … listen to Mr Lammy, that pinnacle of intellectual genius. As he explained, as Rayner is in Opposition not Government, she is not judged by the same moral criteria. Don’t you just love it?
Just hilarious!

Similar to the fantasies we all have in our idle moments then - but I tend not to fantasise about politicians, they aren’t attractive enough.
I agree David Lammy was out of order. I want the people in charge to have no skeletons in their closets, I don’t care which party they represent in that respect.

Ah but I wasn’t fantasising either Casdon I said I was speculating.
😁

Sauce for the goose …

Oh, it's Lord Ashcroft ..... 🤬

I will say no more

I agree David Lammy was out of order

Nice that we can concur occasionally Casdon. You’re not a hopeless case after all.
(Joke!)

Urmstongran

^I agree David Lammy was out of order^

Nice that we can concur occasionally Casdon. You’re not a hopeless case after all.
(Joke!)

I want honest politicians, it’s as simple as that. I’m fed up to the back teeth with rumours, backstabbing, lying, covering peoples backs inappropriately and to be frank, all that crap.

Well put, Casdon. My sentiments exactly.

And mine. I expect ALL of us really.

Torricella4

Very sad,however, the present chancellor of the exchequer managed to dodge a hefty sum of stamp duty a few years ago and the conservatives seemed to have brushed that under their somewhat threadbare carpet methinks...Just saying.

Im sure if it was a possible law breaking matter,the police would have, and maybe did, investigate the matter. Wouldn't you say.
Think Rayner has tried very hard to sweep this under the carpet,wouldn't you say ??

When she wasn't an MP but presumably a working woman like the rest of us, leading a complicated family life, she may quite possibly have failed to notice the council tax implications of which ex-council house was her main residence - before or after she married. When I've been involved in planning weddings and the complexities of combining two households, I'm sure I don't know which way is up for a while afterwards. Many of us may have slipped up on technicalities around such times. I think it's very important for our leaders and politicians to be honest. Can we expect them to be superhuman, though?

Pass the popcorn …

AR has said repeatedly she sought legal advice when selling her house and was assured she had done everything correctly. I don't think she is a trained lawyer or indeed accountant. If the advice she was given, and presumably paid for, was inaccurate does she have a case against the Law firm?

When she wasn't an MP but presumably a working woman like the rest of us, leading a complicated family life, she may quite possibly have failed to notice the council tax implications of which ex-council house was her main residence

Pass the popcorn …
Right 🍿 Here goes!

Perhaps geography wasn't her strongest subject at school?
I remember a quiz programme from years ago and one of the panel said the comment on his school report from the geography teacher was "This boy would do well to find his own way home"
😁

So why doesn’t she share the advice, even if only with Starmer?

Worse case scenario.

Rayner owned the house for eight years from 2007 and 2015 and made a capital gain of £48,500. It is not know if this number takes into account incidental costs of purchase, costs incurred in improving the asset and incidental costs of sale all of which would which would reduce the overal gain.

I’m assuming it was her principle private residence for three years until 2010 and that on marrying, she and her husband elected that his property to be considered their principle private residence for capital gains tax. They had two years to make the election. If they didn’t then HMRC would considered the case based on fact - where Rayner was spending most of her time.

If a dwelling-house has been used as its owner’s only or main residence at some time in his or her period of ownership, then the final part of the period of ownership will always qualify for relief.

The purpose of the final period exemption is to help the owner occupier who puts their house up for sale but cannot find a buyer

For disposals on or after 6 April 2014 but before 6 April 2020 the final period of ownership that qualifies for CG64985 relief was 18 months.

www.gov.uk/hmrc-internal-manuals/capital-gains-manual/cg64985

At most, Rayner has CGT to pay for three and half years out of eight - a net chargeable gain of £21,218 but remembering this may not include deductible expenses.

The annual CGT exemption for 2014/15 was £11,000 so assuming she had no other chargeable gains, then £10,218 is taxable. Treated at the top slice (any part of a taxable gain exceeding the upper limit of the income tax basic rate band (£31,865 for 2014/15) tax is charged at 28% = £2861. With interest and penalties say £3,000.

This is a matter for HMRC not the police. At worst she has been badly advised thinking that as this was the only property she owned then it was exempt from CGT not realising that getting married is not advantageous in this circumstance.

Devorgilla

AR has said repeatedly she sought legal advice when selling her house and was assured she had done everything correctly. I don't think she is a trained lawyer or indeed accountant. If the advice she was given, and presumably paid for, was inaccurate does she have a case against the Law firm?

If they were that useless they're probably defunct by now.

It was years ago.
Recollections may vary.