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Panama Papers
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 johnfirewall  08 Apr 16 4.21pm |
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I presume he also invested in it with personal earnings rather than through company assets to offset tax liabilities which is what the likes of Jimmy Carr and those the PM publicly condemned.
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| Mapletree Croydon 08 Apr 16 5.06pm |
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Originally posted by Stuk
I'm fairly sure he'd have to do self-assessment return, in which case:
If you’re not registered for Self Assessment you don’t need to do anything. If you’re registered for Self Assessment you must still fill in the capital gains section of your tax return. Edited by Stuk (08 Apr 2016 4.01pm) Edited by Stuk (08 Apr 2016 4.01pm) I am not a tax expert but as I recall you don't fill in that section if your gains are below the allowable amounts.
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| Stuk Top half 08 Apr 16 5.08pm |
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Originally posted by Mapletree
I am not a tax expert but as I recall you don't fill in that section if your gains are below the allowable amounts. You don't declare the amount if it's under the threshold, you still declare there's been a capital gain, or loss even. Edited by Stuk (08 Apr 2016 5.09pm)
Optimistic as ever |
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| Mapletree Croydon 08 Apr 16 5.42pm |
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Originally posted by Stuk
You don't declare the amount if it's under the threshold, you still declare there's been a capital gain, or loss even. Edited by Stuk (08 Apr 2016 5.09pm) Well, if that is right then they weren't declared on his tax return, just that there was a capital gain but no declaration of the amount. In any case not much in the grand scale of things but he should probably have declared it in the Register of Members' Interests to be fully transparent. Edited by Mapletree (08 Apr 2016 5.42pm)
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johnno42000  08 Apr 16 6.06pm |
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He really should have come out in the first place and admitted what he did and not say he didn't profit from it (which he clearly did). He flip flops more than Sideshow Bob.
'Lies to the masses as are like fly's to mollasses...they want more and more and more' |
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| Mapletree Croydon 08 Apr 16 6.22pm |
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Originally posted by johnno42000
He really should have come out in the first place and admitted what he did and not say he didn't profit from it (which he clearly did). He flip flops more than Sideshow Bob. And now he is being tripped up for raking it in...
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| johnno42000 08 Apr 16 6.39pm |
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Originally posted by Mapletree
And now he is being tripped up for raking it in... I'm very much left wing in my politics but, if it was legal, and he paid what was owed, then I can't see a problem. What has annoyed me is his delaying telling the truth and saying he made no profit which seems a bit of a porky.
'Lies to the masses as are like fly's to mollasses...they want more and more and more' |
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| JHB London 08 Apr 16 6.48pm |
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Originally posted by johnno42000
I'm very much left wing in my politics but, if it was legal, and he paid what was owed, then I can't see a problem. What has annoyed me is his delaying telling the truth and saying he made no profit which seems a bit of a porky. Well as you've said the issue here is not so much the tax arrangements in themselves, it's three things: 1) The hipocrisy of seeking to make political capital from attacking people for tax avoidance schemes while profiting from one yourself
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| Mapletree Croydon 08 Apr 16 6.48pm |
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Originally posted by johnno42000
I'm very much left wing in my politics but, if it was legal, and he paid what was owed, then I can't see a problem. What has annoyed me is his delaying telling the truth and saying he made no profit which seems a bit of a porky. I suspect you don't know who Sideshow Bob is. Edited by Mapletree (08 Apr 2016 6.50pm)
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Attachment: | chris123 hove actually 08 Apr 16 7.04pm |
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Originally posted by johnno42000
He really should have come out in the first place and admitted what he did and not say he didn't profit from it (which he clearly did). He flip flops more than Sideshow Bob. I read through the quotes and I can't see where he says he didn't profit.
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| johnno42000 08 Apr 16 7.05pm |
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Originally posted by Mapletree
I suspect you don't know who Sideshow Bob is. Edited by Mapletree (08 Apr 2016 6.50pm) Have you not seen the flip flop scene?
'Lies to the masses as are like fly's to mollasses...they want more and more and more' |
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| johnno42000 08 Apr 16 7.12pm |
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Originally posted by chris123
I read through the quotes and I can't see where he says he didn't profit. Downing Street has been forced to issue four statements on the matter, initially saying it was a "private matter" whether the Cameron family still had funds in offshore investments, before stating they "do not benefit from any offshore funds" and there are none they will benefit from in the future. Admittedly it was 'Downing Street' but I can't imagine they released that statement without getting his ok, can you?
'Lies to the masses as are like fly's to mollasses...they want more and more and more' |
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