Angela Rayner - 3 homes now

Parent of a minor…. So even I worked that out … in the circumstances, AR may be able to claim negligence against her legal advisors? If indeed there is a case for them to answer?

it was a pretty poor lawyer who advised her
Yet, conversely their website statement reads : We are the law firm clients choose for excellent service, incisive thinking and above all for our ability to focus on what matters.

Higher Rates SDLT: The Main Residence Exemption
Under the new 5% surcharge, buyers may qualify for an exemption if they are selling (or have recently sold) their previous main residence while purchasing a new main home. According to HMRC’s guidance in SDLTM09770, this exemption means that buyers genuinely replacing their primary residence can avoid the 5% surcharge on their new main home.

Reference: HMRC SDLT Manual (SDLT Higher Rates for Additional Dwellings): SDLTM09770 – Definition of main residence

The place in Hove must become the main residence.

However if an employee is required to live in service accommodation eg: as caretaker, or other service worker then exception is allowed. Whether being required to have a house in the constituency allows an MP to claim that I don’t know

In any case Rayner has admitted that tax was underpaid and promises not to get caught again, it was a pretty poor lawyer who advised her to try and deliberately evade Stamp Duty because even I found the rules after a few minutes online.

From what I’ve read, she does still technically own an interest n the Ashton property as the parent of a minor on whom the Trust is settled.

So she is liable for the second home premium,

Trusts are complicated things and anyone is responsible for adherence to the legalities involved. If she can prove she acted on erroneous advice from a qualified expert in trust law then her error was unintentional.

So all she has to do really is make the proof of that advice public.

"If you live in accommodation that you do not own, it will not count in determining whether you are purchasing an additional residential property. If you do not own any other property, then the higher rates of SDLT do not apply."

AR does not own any of the house in Ashton. She might live there more days of the year than she intends to in Hove or in the Admiralty flat, but she doesn't "own" it, so if she had been asked if she owned any other property when she signed the deeds to buy the Hove flat, she could honestly have said "no".

Allira

growstuff

OK, Wise Guys, maybe somebody could give me an answer.

I live in a rented flat. I pay Council Tax and everything is above board. I used to own property, but no more. I currently own nothing.

If I were to inherit some money and buy a small flat somewhere (maybe on the coast), but keeping my rented house, would I have to pay the extra "second home" Stamp Duty?

No.

I live in accommodation provided by my employer. I am purchasing my own home which will be the only residential property I own. Will the higher rates of SDLT apply?

If you live in accommodation that you do not own, it will not count in determining whether you are purchasing an additional residential property. If you do not own any other property, then the higher rates of SDLT do not apply.

landlordleaders.osb.co.uk/education/landlord-tax/selling-your-property/stamp-duty-land-tax

I would be in almost exactly the same position as AR. The only difference is that she is an executor to the trust which owns her son't flat. Is it any wonder that was overlooked?

Hove seems to be where Sam Tarry and his ex wife live with their 2 children. Apparently… Sam Tarry is the new partner or not of AR? Do we care?

Visgir1

I was surprised she chose to pick a flat in Hove? Wouldn't think it would have been her natural tribe in the South of England?
Also, why so far from her disabled Son? Regardless of any job you do, as a Mother would you really have your primary home so far away?

That is nobody's business except her own. As for her "natural tribe" not being in the south of England, I'm speechless.

Visgir1

I was surprised she chose to pick a flat in Hove? Wouldn't think it would have been her natural tribe in the South of England?
Also, why so far from her disabled Son? Regardless of any job you do, as a Mother would you really have your primary home so far away?

And a long way from her constituency.

Although it's handy for London, she has the use of the flat at Admiralty House.

I find it puzzling.

growstuff

OK, Wise Guys, maybe somebody could give me an answer.

I live in a rented flat. I pay Council Tax and everything is above board. I used to own property, but no more. I currently own nothing.

If I were to inherit some money and buy a small flat somewhere (maybe on the coast), but keeping my rented house, would I have to pay the extra "second home" Stamp Duty?

No.

I live in accommodation provided by my employer. I am purchasing my own home which will be the only residential property I own. Will the higher rates of SDLT apply?

If you live in accommodation that you do not own, it will not count in determining whether you are purchasing an additional residential property. If you do not own any other property, then the higher rates of SDLT do not apply.

landlordleaders.osb.co.uk/education/landlord-tax/selling-your-property/stamp-duty-land-tax

I was surprised she chose to pick a flat in Hove? Wouldn't think it would have been her natural tribe in the South of England?
Also, why so far from her disabled Son? Regardless of any job you do, as a Mother would you really have your primary home so far away?

If cause and affect can be proved, would that mean that those shown to have posted inaccurate information online could be prosecuted as accessories?

growstuff

OK, Wise Guys, maybe somebody could give me an answer.

I live in a rented flat. I pay Council Tax and everything is above board. I used to own property, but no more. I currently own nothing.

If I were to inherit some money and buy a small flat somewhere (maybe on the coast), but keeping my rented house, would I have to pay the extra "second home" Stamp Duty?

Yes if you continue to live in the rented property full time, because the new property is a “second home”.

growstuff

ronib

AR might be a tad uncomfortable in Hove as Tax Evader greets her on the white walls to her property. Even if cleaned out, it will be too tempting not to repeat the slogan. Also elsewhere in Hove. Oh dear!

Is that a threat?

No, it's news, it has happened! 😲

Not it’s on the news …. The locals are revolting…. growstuff

growstuff

ronib

AR might be a tad uncomfortable in Hove as Tax Evader greets her on the white walls to her property. Even if cleaned out, it will be too tempting not to repeat the slogan. Also elsewhere in Hove. Oh dear!

Is that a threat?

It sounds like one, or at best a rather gleeful approval of criminal behaviour on the part of the graffiti daubers.

ronib

AR might be a tad uncomfortable in Hove as Tax Evader greets her on the white walls to her property. Even if cleaned out, it will be too tempting not to repeat the slogan. Also elsewhere in Hove. Oh dear!

Is that a threat?

OK, Wise Guys, maybe somebody could give me an answer.

I live in a rented flat. I pay Council Tax and everything is above board. I used to own property, but no more. I currently own nothing.

If I were to inherit some money and buy a small flat somewhere (maybe on the coast), but keeping my rented house, would I have to pay the extra "second home" Stamp Duty?

AR might be a tad uncomfortable in Hove as Tax Evader greets her on the white walls to her property. Even if cleaned out, it will be too tempting not to repeat the slogan. Also elsewhere in Hove. Oh dear!

PoliticsNerd

So where are the headlines saying "Er, sorry. We now realise Angela Raynor only owns one property".

What appears to have happened is that the trust set up for her son bought her share of the house in Ashton, the money from the trust was then used to buy the property in Hove.

Because Ashton remains the primary residence, the property in Hove counts as a second home, many ordinary citizens would get away with that but the scrutiny a politician gets makes that transaction very dodgy.

Her “advisors” should have been very wary of being scrutinized. The trust itself could have bought the Hove property but then the extra Stamp Duty would have been due. Because Rayner is not using Hove as her primary residence it looks like tax evasion not avoidance

Mollygo

Jane43
Perhaps the transparency that is required of Rayner should apply to all MPs.
👍

I thought it did?

Jane43
Perhaps the transparency that is required of Rayner should apply to all MPs.
👍

Casdon

Jane43

Primrose53

Nigel Farage was interviewed on TV tonight and was very kind about AR. He did say if it had been him he would have been slated far more than her and he laughed about it.

He could have been vocal about her but he wasn’t. He was fair.

Possibly because he has no room to criticize anybody else, he was fined for misspending of public funds when he was a Euro MP.

Or that his own property dealings have involved tax avoidance too? I did see that he doesn’t own his house in Clacton, it is in the name of his partner. Perhaps the transparency that is required of Rayner should apply to all MPs.

And because Farage’s fourth property was purchased in the name of his current partner she qualified as a first time buyer and at the time was given a lower rate of stamp duty because if that.

Allira
You’re right, I shall just switch off from nasty attacks on me.
Thanks.

Mollygo

^and like all politicians (from all parties) she is only showing regret once she’s been found out!^
True.
Combine that with her actual role, and the aspirations of her party re second homes . . . whether or not you’ve put your other hose into a trust and all the wriggling that’s now going on. It doesn’t help the LP’s image.

Angela Rayner does not have a second home!