Dave Prentis is a Tax Hypocrite

Unison boss Dave Prentis isn’t exactly famed for honesty about his salary:

So imagine Guido’s surprise when it appeared Prentis got litigious on the Mail on Sunday:

“Last Sunday we said that Dave Prentis, the Unison general secretary, had secured a 31 per cent increase to his pension contributions from the union. This was incorrect. In fact as a member of the Unison staff pension scheme, Mr Prentis is paying the increase himself under the union’s ‘salary sacrifice’ scheme. We apologise to Mr Prentis for our mistake and for any distress caused.”

The Mail were close, but not quite there. The question they should have been asking is why should someone who is a member of a very generous union final salary scheme choose to sacrifice yet more money to pay into the scheme?

Well a good place to start in the hunt for an answer is Unison’s own Annual Report. Specifically page 16. You won’t be surprised to see that comrade Prentis is one of those unfortunate fat-cats who earn between £100,000 and £112,950. Someone on that money is subject to Gordon’s personal allowance tapering. This means his marginal rate of tax was 60%.

Rather than pay this rate of tax though, Prentis has engaged in some personal tax avoidance and paid the money into his pension, ensuring the state couldn’t get its hands on it. By doing so he has effectively got a 60% tax relief on those payments. Because the Unison financial year doesn’t match the fiscal year, its not possible to say exactly what Mr Prentis’s pay in 2010/2011 was, but Guido understands that it was not more than £99,999…

Only a fool would go out of his way to pay more tax and many up and down the country use this same technique to minimise their bill. However what if you scaremonger about this sort of behaviour for cheap political points? Five days ago Prentis said:

“The Government would be better advised to look at plugging tax loopholes for the rich and tackling tax evasion that costs us billions, rather than giving top earners a cash break.”

Did you have any particular “tax loopholes for the rich” in mind Dave?

A hypocritical, fat-cat union baron… Now Guido has seen everything…



Tip offs: 0709 284 0531
team@Order-order.com

GuidoFawkes Quote of the Day

Jean-Claude Juncker:

“We will never let the Greek people down. And we know the Greek people don’t want to let down the European Union.”

Top Posts This Week

Guidogram: Sign up

Subscribe to the most succinct 7 days a week daily email read by thousands of Westminster insiders.

Facebook

Missed PMQs? Catch Up in Full Here Missed PMQs? Catch Up in Full Here
Do you have what it takes to join a GCHQ hacking SCHOOL? Do you have what it takes to join a GCHQ hacking SCHOOL?
IDS Expenses Row IDS Expenses Row
Questions Channel 4 News Don’t Want to Ask Questions Channel 4 News Don’t Want to Ask
Zac and Boris Warn Dave Zac and Boris Warn Dave
NHS UN-APPY NHS UN-APPY

MP Shagging His Secretary on Highest Paygrade MP Shagging His Secretary on Highest Paygrade
Owen Jones Gets Owned Owen Jones Gets Owned
Read Sajid Javid Speech Slamming CBI Read Sajid Javid Speech Slamming CBI
Watch: BBC3 Greatest Hits Watch: BBC3 Greatest Hits
LORD DEBEN’S CLIMATE ALARMISM LORD DEBEN’S CLIMATE ALARMISM
WATCH: Terror Training Exercise in London WATCH: Terror Training Exercise in London
Meet the Next Generation of Troughing MPs Meet the Next Generation of Troughing MPs
Boris on £275,000 at Telegraph Boris on £275,000 at Telegraph
Supercar Socialist Polly Toynbee Supercar Socialist Polly Toynbee
Read CPS Janner Statement in Full Read CPS Janner Statement in Full
UKIP Broke, Homeless UKIP Broke, Homeless
Doctors: Capitalism ‘Conflicts With Health and Public Interest’ Doctors: Capitalism ‘Conflicts With Health and Public Interest’
Gates: Capitalism Innovates to Save Planet Gates: Capitalism Innovates to Save Planet