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Bruce Banner

Philip Hammond - Buy To Let - Wife - Tax - Ooops

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http://www.mirror.co.uk/news/uk-news/millionaire-tory-philip-hammonds-200-3231876

He has avoided thousand of pounds in tax after transferring his share of a £600,000 buy-to-let property to Mrs Hammond almost two years ago.

But when the Mirror questioned him about the large detached cottage in leafy Surrey the top Tory snapped: “What has it got to do with you?”

Edited by Bruce Banner

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Another reason not to vote, and not to vote for Tory rentier scum in particular.

What choice of BTL landlords do we get to vote for now?

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answer...im forced to pay your wages through taxation.

... it might have some bearing on the second, gigantic housing bubble the country's had in five years.

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Seems a bit of an odd choice of BTL place.

BTL is bad news, but nothing wrong with a married couple utilising both their tax allowances. Perfectly standard, not remotely untoward.

Concentrate on the rentier scum, not legitimate tax planning.

Edited by bambam

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Seems a bit of an odd choice of BTL place.

BTL is bad news, but nothing wrong with a married couple utilising both their tax allowances. Perfectly standard, not remotely untoward.

Concentrate on the rentier scum, not legitimate tax planning.

Absolutely, there's nothing wrong with married couples maximising their allowances. However, if I were a cabinet minister in a government that is encouraging house price inflation for short term political gain, I would feel very uncomfortable about making personal gains from said house price inflation as a result of owning multiple properties.

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Absolutely, there's nothing wrong with married couples maximising their allowances. However, if I were a cabinet minister in a government that is encouraging house price inflation for short term political gain, I would feel very uncomfortable about making personal gains from said house price inflation as a result of owning multiple properties.

Exactly. Normal people want Ministers who are are competent disinterested types, able to carry out their briefs with a degree of efficiency and in a practical manner. However, there seems to be a steady stream of individuals with overt vested interests for whom being a Minister of State is nothing more than an opportunity to enrich oneself.

Housing is the key common thread which unites Westminster and wannabees; red, blue, yellow, purple are an amorphous mass of rentier scum.

BTW, I guess you saw UKIP's housing spokesperson say on Twitter that HTB is a good idea in principle but should be extended in scope Bruce?

Edited by The Knimbies who say no

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Seems a bit of an odd choice of BTL place.

BTL is bad news, but nothing wrong with a married couple utilising both their tax allowances. Perfectly standard, not remotely untoward.

Concentrate on the rentier scum, not legitimate tax planning.

Yes - perfectly legal but maybe not particularly moral given his job.

Sorry - but you expect a Cabinet minister to set an example. Particularly when you are presiding over defence cuts which will make thousands of members of our serving armed forces - who have been risking their lives for us - redundant because we aren't raising enough tax to cover our public spending.

Its just rather grubby that a multi millionaire with large property interests and a Cabinet ministers £130k salary feels the need to adjust his tax affairs to save a few quid a month!

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BTW, I guess you saw UKIP's housing spokesperson say on Twitter that HTB is a good idea in principle but should be extended in scope Bruce?

Yes, but I'll still be voting UKIP. Sadly there is no other option. Anyway, who knows what they'd do if they got into power, can't be any worse than the career politicians we've got now.

I voted Conservative, as I always have, expecting them to sort out Labour's housing bubble, but they are now denying it ever existed and are doing their best to further inflate it. The LibDems, being part of the coalition, are equally guilty and I could never vote Labour.

If another option presents itself, I'll consider it, but, at the moment, I'll take my chances with UKIP. They've got the main parties running scared which is good.

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Yes, but I'll still be voting UKIP. Sadly there is no other option. Anyway, who knows what they'd do if they got into power, can't be any worse than the career politicians we've got now.

I voted Conservative, as I always have, expecting them to sort out Labour's housing bubble, but they are now denying it ever existed and are doing their best to further inflate it. The LibDems, being part of the coalition, are equally guilty and I could never vote Labour.

If another option presents itself, I'll consider it, but, at the moment, I'll take my chances with UKIP. They've got the main parties running scared which is good.

It is fair to say that UKIP's policy (assuming this is what the Twitter pronouncement amounts to) is at odds with Farage, who previously has said that HTB was causing a bubble. So who knows what a UKIP manifesto position would look like, but the sentiment and choice of person for housing spokesperson is not encouraging.

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Yes, but I'll still be voting UKIP. Sadly there is no other option. Anyway, who knows what they'd do if they got into power, can't be any worse than the career politicians we've got now.

I voted Conservative, as I always have, expecting them to sort out Labour's housing bubble, but they are now denying it ever existed and are doing their best to further inflate it. The LibDems, being part of the coalition, are equally guilty and I could never vote Labour.

If another option presents itself, I'll consider it, but, at the moment, I'll take my chances with UKIP. They've got the main parties running scared which is good.

LibDem party members are overwhelmingly in favour of housing and land reform. Only rational choice for a HPCer.

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I see nothing wrong with what he has done. However, it is totally hypocritical MPs and ministers to moan about others arranging their affairs to minimize their tax bills. They should concern themselves more with spending the money that is collected well. If it could be demonstrated that taxes were spent efficiently, fewer people would avoid as much as they do.

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I think it is your moral duty to pay as little tax as possible to the evil sickos in Westminster. Being a landlord on the other hand, is disgusting and shameful.

If course, if you are one of the Westminster sickos...

Edited by (Blizzard)

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LibDem party members are overwhelmingly in favour of housing and land reform. Only rational choice for a HPCer.

Green party - Land Value Tax & a few other goodies I've forgotten.

How many YPP candidates? Need a few more.

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LibDem party members are overwhelmingly in favour of housing and land reform. Only rational choice for a HPCer.

LibDems are a part of the government that introduced Funding for Lending and Help to Buy, end of story!

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LibDem party members are overwhelmingly in favour of housing and land reform. Only rational choice for a HPCer.

I am sorry but I used to be an active Lib Dem and there were NIMBIES in our local party.

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