Its her non-Dom status that is the point.
A UK resident must pay UK tax on earning from overseas investments.
She earns about £11 million a year in dividend from her stake in an Indian IT firm.
She pays £30k a year to keep her non-dom status - thus avoiding £4 million (approx) in tax.
It's all legal - tax avoidance rather than evasion - but somewhat questionable when the rest of us are having to pay more tax, and your married to the chancellor.
But it's second nature to these people.
There ya go - the perfct answer.
She pays taxes to both countries but should pay double just because she is married to the chancellor.
Quote: Stephen Goodlad @ 8th April 2022, 8:35 AMStarmer should stop smearing his wife or Rishi might walk across the floor and slap him.
I'll do it, if someone can get me within an arm's length of the bumbling twat
What the f**k has this got to do with Keir Starmer? Rishi Sunak's Indian wife who despite not living here for tax purposes actually lives here has paid 30 grand to do it.
This Indian woman has been exposed by an American who works next door to her husband and both get their rent paid by the tax payer.
Meanwhile there is 23 mile traffic jam of goods and people waiting to board ferries owned by the Arabs that are not there because half the foreign crew on four quid an hour have got their jumpers on back to front and don't even know how to tie knots.
Britannia use to rule the waves now it can't beat P&O's lawyers, not that they want to. So if amid all that you find Union Jack wavers blaming Labour I would suggest psychiatric treatment if I didn't know that the NHS is on its knees and barely has any.
How the f**k did we reach the point where xenophobes are blaming their own for the shenanigans of an Indian Millionairess and a Yank who threw parties while the Queen sat alone at her own husbands funeral.?
Even a Tory apologist like Stephen must admit that the whole thing stinks to high heaven of hypocrisy. And of course Sunak's real enemies are in his own party, not Labour.
I wouldn't be surprised if Boris supporters are behind stirring it up. Rishi's one of his biggest threats for the top job, so it's a good way to take the shine off him. Although Rishi's poor-punishing budget should have been enough to do take the shine off him.
Quote: Stephen Goodlad @ 8th April 2022, 9:06 AMThere ya go - the perfct answer.
She pays taxes to both countries but should pay double just because she is married to the chancellor.
You're not listening.
Again
She's not committing fraud - it's all perfectly legal - and no-one's asking her to pay double.
It's tax avoidance, pure and simple.
We all know it goes on - money squirrelled away off-shore - shell companies etc etc
It's what the super-rich do so they can get richer.
The Chancellor has two choices - tax those who have more money than they know what to do with.
Or allow these schemes - which could be stopped with the flourish of a government pen - to carry on.
He's a Tory Chancellor - and a member of the wealthiest cabinet in history (over a half a billion between them) - so no-one expects him to do the former.
Especially as he has so much to gain himself.
And - with all those houses - his leccy bill will be a fortune.
Don't worry about his leccy bill they all have 'Smart Meters' as it sends the bill right to the tax payer.
It doesn't take much does it. Teddy complaining it's nothing to do with Starmer then going off on a totally unrelated tangent.
Hazard telling me I don't listen and Beaky says I'm a Tory apologist.
Conclusion: don't have an opinion that doesn't coincide with a lefties opinion. The mob will come at you.
Me, Teddy & Beaky!
?
Some mob - you big snowflake.
It might have not been clear. I was using an acronym to describe what you all say.
Mostly Old Bollocks
It wasn't a tangent to be honest just a bit of colourful backdrop. So more of a tangerine in that the whole thing is unpeeling before our eyes (The unblinkered ones anyway) Stephen I'm not arsed what you say, some of it makes me shake my head but I'd miss it if it wasn't there. So don't take offence if your argument is being dissected, as no one wants a page of nodding donkeys. And for the record no one wants to be in races where everyone gets a cup either. As long as we can disagree its sound, even the odd flip on either side is a chuckle, but I doubt that the page is polluted by total radicals. Just a few Barmpots and Scouse bastards.
Quote: Lazzard @ 8th April 2022, 10:47 AMYou're not listening.
Again
She's not committing fraud - it's all perfectly legal - and no-one's asking her to pay double.
It's tax avoidance, pure and simple.
We all know it goes on - money squirrelled away off-shore - shell companies etc etc
It's what the super-rich do so they can get richer.
The Chancellor has two choices - tax those who have more money than they know what to do with.
Or allow these schemes - which could be stopped with the flourish of a government pen - to carry on.
He's a Tory Chancellor - and a member of the wealthiest cabinet in history (over a half a billion between them) - so no-one expects him to do the former.
Especially as he has so much to gain himself.
And - with all those houses - his leccy bill will be a fortune.
I read it was proposed to the millionaire chancellor that the government could defer people's leccy bills by £500 instead of £200
He declined
Quote: lofthouse @ 8th April 2022, 5:56 PMI read it was proposed to the millionaire chancellor that the government could defer people's leccy bills by £500 instead of £200
He declined
Whether the Chancellor is a millionaire is surely irrelevant. It's the nation's books he has to balance, not his own. In fact I think I'd rather have a millionaire attempting to balance the nation's books rather than a bankrupt. But of course let's not pretend we weren't aware that the economy was screwed for the foreseeable future anyway:
Quote: Billy Bunter @ 11th April 2020, 4:10 PMAs a result of the government opting to crash the economy, there will be no funds available for future investment in the NHS (or anything else) and people will be living in poorer and more depressing conditions as a result of job losses and lack of opportunities.
Quote: Billy Bunter @ 8th April 2022, 6:12 PMWhether the Chancellor is a millionaire is surely irrelevant. It's the nation's books he has to balance, not his own. In fact I think I'd rather have a millionaire attempting to balance the nation's books rather than a bankrupt.
We'd probably be better having Rishi's wife's dad as Chancellor since that's where most of Rishi's money comes from.