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Akshata Murty tax affairs
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  georgenorman  11 Apr 22 6.12pm |
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Anyone going to admit to having an ISA?
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cryrst  The garden of England 11 Apr 22 6.40pm |
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Originally posted by georgenorman
Anyone going to admit to having an ISA? Is that a way of saving money and not paying tax then ?
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| Rudi Hedman Caterham 11 Apr 22 7.11pm |
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Originally posted by georgenorman
Anyone going to admit to having an ISA? That’s saving money after it’s been income taxed. And the allowance isn’t very big anyway. Soon you’ll be taxed so much on your death bed with your offspring and theirs being squeezed so much I wonder whether people will look at these times and raise questions and point fingers. Maybe the younger generations will be so brainwashed they won’t. At least we’re giving millions in aid to India after the Sunaks avoid all the tax they can live here, claim they don’t, or is that India? Or is it both? Does she live anywhere? There are countries that require you to pay to live there, regardless of whether your money is made there or outside of that country, you know, for services etc you use and your share and input into the cost of running a society rather than take take take.
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| georgenorman 11 Apr 22 7.19pm |
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Originally posted by Rudi Hedman
That’s saving money after it’s been income taxed. And the allowance isn’t very big anyway. Soon you’ll be taxed so much on your death bed with your offspring and theirs being squeezed so much I wonder whether people will look at these times and raise questions and point fingers. Maybe the younger generations will be so brainwashed they won’t. At least we’re giving millions in aid to India after the Sunaks avoid all the tax they can live here, claim they don’t, or is that India? Or is it both? Does she live anywhere? There are countries that require you to pay to live there, regardless of whether your money is made there or outside of that country, you know, for services etc you use and your share and input into the cost of running a society rather than take take take. It's avoiding tax on interest on savings. It's something most people would do as good housekeeping.
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| Rudi Hedman Caterham 11 Apr 22 7.25pm |
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Originally posted by georgenorman
It's avoiding tax on interest on savings. It's something most people would do as good housekeeping. I know it is. My point was that the money being saved has already been taxed at income source or in your tax returns. It’s not the same as huge tax avoidance by the chancellor’s wife who claims not to live here with him. Maybe they have agreement, maybe at the wedding service lol. Not to live together for 1 day more than the allowed time to avoid a few million when she’s worth billions. Some rich people are seriously weird, especially when it comes to large sums of money. No shame.
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| georgenorman 11 Apr 22 7.35pm |
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Originally posted by Rudi Hedman
I know it is. My point was that the money being saved has already been taxed at income source or in your tax returns. It’s not the same as huge tax avoidance by the chancellor’s wife who claims not to live here with him. Maybe they have agreement, maybe at the wedding service lol. Not to live together for 1 day more than the allowed time to avoid a few million when she’s worth billions. Some rich people are seriously weird, especially when it comes to large sums of money. No shame. Not necessarily, I have money in an ISA that I won with Premium Bonds. My point is that most people will use all the legal means to avoid tax.
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| Rudi Hedman Caterham 11 Apr 22 7.40pm |
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Originally posted by georgenorman
Not necessarily, I have money in an ISA that I won with Premium Bonds. My point is that most people will use all the legal means to avoid tax. But they’re not all chancellor. The fact Rishi’s dream of being PM is finished should tell anyone defending his corner how this can’t be allowed from someone in charge. How anyone thinks it should be allowed is mind boggling.
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| georgenorman 11 Apr 22 7.46pm |
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Originally posted by Rudi Hedman
But they’re not all chancellor. The fact Rishi’s dream of being PM is finished should tell anyone defending his corner how this can’t be allowed from someone in charge. How anyone thinks it should be allowed is mind boggling. So everyone should pay as much tax as they possibly can? Perhaps good citizens should take up smoking to increase their tax payments.
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| Rudi Hedman Caterham 11 Apr 22 7.52pm |
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Originally posted by georgenorman
So everyone should pay as much tax as they possibly can? Perhaps good citizens should take up smoking to increase their tax payments. I’m talking about this chancellor set up with a wife who does but doesn’t live with him and the kids and family. He can’t be PM now for good reason.
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| BlueJay UK 11 Apr 22 7.58pm |
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Originally posted by georgenorman
Not necessarily, I have money in an ISA that I won with Premium Bonds. My point is that most people will use all the legal means to avoid tax. That's a very uncommon scenario though. Most peoples ISAs contain money they have earned and therefore paid taxes on already. Point take that people try to avoid tax, but there are vastly more opportunities to do so for the rich, precisely because they set the rules. There's a bit of a difference between the man of the street finding ways to cut a few hundred off their tax bill, and the megarich chancellor of the exchequer and his mrs finding ways to avoid paying tax in the UK or having unusual residency assangements. All while preaching to us about tough times ahead and the like. It's hardly an 'we're in it all together' moment. His wife gained government contracts into the tens of millions. I doubt that's a 'co-incidence', so if she's going to take advantage of the system she should also pay into it.
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| georgenorman 11 Apr 22 8.14pm |
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Originally posted by BlueJay
That's a very uncommon scenario though. Most peoples ISAs contain money they have earned and therefore paid taxes on already. Point take that people try to avoid tax, but there are vastly more opportunities to do so for the rich, precisely because they set the rules. There's a bit of a difference between the man of the street finding ways to cut a few hundred off their tax bill, and the megarich chancellor of the exchequer and his mrs finding ways to avoid paying tax in the UK or having unusual residency assangements. All while preaching to us about tough times ahead and the like. It's hardly an 'we're in it all together' moment. His wife gained government contracts into the tens of millions. I doubt that's a 'co-incidence', so if she's going to take advantage of the system she should also pay into it. The government of the day set the rules.
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| BlueJay UK 11 Apr 22 8.23pm |
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Originally posted by georgenorman
The government of the day set the rules. Yes, and they very rarely (if ever) reflect the will of the people on issues that they or those around them personally benefit from. If anything that's why they just love us obsessing over social issues. Squabbling while they make bank regardless. Edited by BlueJay (11 Apr 2022 8.31pm)
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