Rushi Sunak And Wife Taxes

[evadora]

The following has just appeared on my Facebook page - (tried to get it to show a link but not been possible). How much truth is in the story??
So... it now comes to light that Rishi Sunak's wife was part owner of Lava Mayfair Club Ltd (a private membership gym), which collapsed last year owing almost £44million to creditors, including £374,000 to HMRC!
Another of Mrs Sunak's ventures... Mrs Wordsmith (an education business) went into administration last year owing £16.3million – after receiving a £1.3million loan from the Government's "Future Fund"!
OH IT GETS WORSE... Digme Fitness (which she owns 100% of) received up to £635,000 of furlough money... before it then closed its eight studios in London and Oxford... still owing HMRC £415,000!
So .... Mr Sunak introduces the furlough scheme ... and the woman he's sleeping with benefits by up to £635,000!
Mr Sunak oversees the rules regarding Non-Dom status ... and the woman he's sleeping with benefits by over £20 million!
Mr Sunak is in charge of ensuring that the UK maximises its tax revenue... yet the woman he's sleeping with has been active in, or has owned, companies going bust owing a staggering £789,000 to HMRC!
Mr Sunak says his wife's tax affairs are none of OUR business... he can *** RIGHT off!!
Arrogance in almost immeasurable amounts!

[Deskdiary]

Blame the tax system that allows tax avoidance, not the people or companies who legally avoid paying tax using the system.

I ask you - if you could legally pay £50 tax rather than £100 tax using legal avoidance, would you? I assume you would, you'd be mad not to - the only difference is one of scale.

(Let's conveniently forget the 40,000 UK Amazon employees, most of whom will be paying tax, plus the VAT the consumer pays on purchases, plus the third party UK sellers, who will also be employing tax payers etc...)

[FatticusInch]

ladybirder
//I cba to read all of this again but has anyone mentioned that she immediately agreed to pay tax on all her earnings from other countries when questioned even though she was doing nothing wrong?//

You mean when the immoral nature of her situation and her vast fortune, combined with her husband’s position in government was uncovered?
Odd how multi billionaires balk at the very thought of us being ‘all in this together’ isn’t it?

[ToraToraTora]

JDavis: "So Amazon, for example, who in 2020 paid an estimated 0.37% as an tax-to-turnover ratio, would have been acting immorally had they not set up elaborate tax-avoidance schemes. " - typical lefty focus on one thing rather than the big ticket. They employ 100s of thousands all paying tax and not claiming dole. Corporation tax is counter productive but it pleases the socialist types.

[douglas9401]

Spoken like a socially aware, caring individual there, Tora.

[FatticusInch]

Boto
//Who in their right mind would pay more tax than they had to?//

I guess that when your husband is hiking everyone else’s and you’re looking to the government for moral guidance in a crisis it seems amoral to circumvent the rules.
Funny how Jimmy Carr was pilloried for it but the Chancellors wife coughs up because Tories actually realised how it would look to the voting public, her non-dom status looking as bad as her husbands green card too.

[ToraToraTora]

only chip on the shoulder lefties are bothered about someone legally avoiding tax.

[FatticusInch]

Well, who was it recently said “why should the public trust us, we haven’t exactly covered ourselves in glory”?
Oh that’s right, a candidate for Tory party leadership. Another dispatched for a brief flash of truth and honesty. Lol

[Deskdiary]

She didn’t circumvent any rules. She paid the tax she was legally required to pay, and didn’t pay tax she legally didn’t have to.

There’s a yawning chasm of a difference.

The “rules” allowed her to legally avoid tax.

Surely you understand that.

[Ellipsis]

The point is, Sunak is being smeared through Facebook - and that's now spread to AnswerBank.

For example, this one ...

> Another of Mrs Sunak's ventures... Mrs Wordsmith (an education business) went into administration last year owing £16.3million – after receiving a £1.3million loan from the Government's "Future Fund"!

Yes, "Mrs Sunak", as an investor in that company, was one of the people who lost money when it went under!

Tory party members should be very concerned about smears being propagated through social media, including AnswerBank, which are designed to influence their vote.

[jno]

I didn't say it was illegal, I said it was untoward. To save tax, many people take out ISAs. Not many would go to the length of claiming to live in another country. And when you're the wife of the man who determines the taxes (in the country where you're not domiciled), it's a bad look. Even Tories seem agreed on this.

[FatticusInch]

Lol, not sure how you can be the wife of a prominent British politician yet still claim non-dom status as you raise your children whilst resident in this country?
Wasn’t exactly here on a gap year, was she?
If the government had played by their own rules in all facets of public life I suppose they wouldn’t have come under scrutiny?
When they’re(public to whom they’re accountable) in a crisis not of their making whilst being laughed at as the government party the night away I’d reason they start to become questioning?

[Deskdiary]

"Yes, "Mrs Sunak", as an investor in that company, was one of the people who lost money when it went under!"

That's a bit of an inconvenient truth that's best ignored because it doesn't fit the desired narrative!

[JDavis]

TTT,

It's the old story, the rich are getting richer and the poor poorer. Hardly a moral society, I'd say.

And haven't Amazon been criticised for their treatment of workers so not necessarily a force for good?

[Cloverjo]

She lied! She is obviously not non-dom.

[Deskdiary]

^^^Non-dom is a tax status description, not a resident status description.

You're only required to pay tax on money earned in the UK. This seems fair. So, if she earns money in India, she probably pays tax in India. Would you think it correct that she paid tax in the UK on her Indian earnings? I doubt the Indian tax authorities would agree.

[Atheist]

If you didn't pay tax, who would pay the people who clear up after you? Binmen, Police, street cleaners, teachers, and so on ad infinitum. Would you be happy to pay those people private wages to look after your private needs? I don't have kids, so I don't need to pay tax for education. I don't chuck litter, so I don't need street cleaners. I don't commit crimes, so I am happy to pay private security companies to keep me safe.

[ToraToraTora]

jdavis: "And haven't Amazon been criticised for their treatment of workers so not necessarily a force for good?" - they employ 40000 people all paying tax and not claiming benefits. I'd say that is good.

[FatticusInch]

Deskdiary
//"Yes, "Mrs Sunak", as an investor in that company, was one of the people who lost money when it went under!"

That's a bit of an inconvenient truth that's best ignored because it doesn't fit the desired narrative!//

Lol, yeah, must be a real bind when you lose over a million pounds and you just put it down to experience, the equivalent of the man in the street being frivolous and blowing £2.50 on a scratch card.
How will she cope, being down to her last £429 million?
Does the word perspective mean anything to you?

Here’s a couple of links to assist you.

https://www.yorkshirepost.co.uk/news/people/akshata-murthy-rishi-sunak-wife-3153044

https://news.sky.com/story/who-is-rishi-sunaks-wife-akshata-murty-and-why-are-her-family-so-wealthy-12585015

[Ellipsis]

It comes down to this. Either Rishi Sunak or Liz Truss is going to be the next PM of the UK. Now suppose somebody powerful ... Vladimir Putin, say ... would prefer it to be one rather than the other. They use their people to influence the vote through a social media campaign. They start that campaign on Facebook, which has a record of not policing political lies and smears and letting such things go. And then people copy it from Facebook to other places, like AnswerBank, spreading Putin's message for him.

Sure, if you're a Tory Party member with a vote, then vote for Truss if you prefer her to Sunak, or vice versa. But please be aware of malign influences ...