February 27th, 2012

Rich & Mark’s Monday Morning View


148 Comments

  1. 1
    Grumpy Old Man says:

    Well done R&M. A great leap forward from the obscure to the obvious and with a recognisable character too!

  2. 2
    Icarus says:

    I give up – did he win an Oscar?

  3. 3
    Lou Scannon says:

    E.T. ?

  4. 4
    Hardly Amiss says:

    Shouldn’t he be leaning to his left and wearing a red tie ?

    • 85
      Disliker of Bankers says:

      This is balls. I will bet there are thousands of bankers and finance staff doing much worse.

      • 121
        WilliamH says:

        They don’t try looking like the working man’s saint. Ken is a hypocrite, just as myself. I’m for cuts in the NHS, but not in my own constituency!

      • 125
        bald old git says:

        It doesn’t look like Balls, but with Rich and Mark that’s no barrier …

  5. 5
    Maggie wins again says:

    Streep wins best actress at the Oscars.

  6. 6
    Tony Blair and Peter Mandelson says:

    How about our £100,000 per week tax breaks ?

    • 24
      I don't need no doctor says:

      We are really relaxed about a fellow comrade fiddling hid tax.

      • 91
        Dobby says:

        With the bloody doctors talking industrial action may be MP’s might sound more convincing if they changed their salary and pension benefits to what they propose for NHS staff. We are all in it together remember.

  7. 7
    Maggie wins again says:

  8. 8
    Popeye says:

    Yet another champagne, marxist newt lover.

    • 9
      Popeye says:

      Sorry, I forgot, man-of-the-people tax dodger too, (legally of course)

    • 14
      Racked off says:

      he loves the money. Never forget how corrupt his administration was, the amount of cash squandered and missing was astronomical.

    • 39
      Mine d'Boggles says:

      Always remember: it was a Fatcher tax, so he has an obligation to avoid it.

  9. 11
    Broadsword calling Danny Boy says:

    Go on. Please explain how this £1,000 a week tax saving dodge works. I dying to know how he gets his hands on the money without paying the income tax on it!

    • 18
      Gee says:

      By gradually paying it out as a dividend.

    • 19
      jgm2 says:

      You set up a company (cost – about thirty quid) and give yourself and the missus 50% of the shares each. You then pay yourself (and your missus) through the company up to the lower limit for national insurance (about 7K this year) so there’s 14K tax (and NI free). Then you pay 20% Corporation Tax on the profits (after you’ve deducted all manner of expenses to offset against profits).

      The money left over after Corporation Tax you then pay out as dividends which – since they’ve already been taxed at 20% CT – you can take without further tax up until about another 37K (ish) each.

      Result – less than 20K tax on income of 100K.

      S’all legit – Blair and Brown do it.

      • 25
        Steve Miliband says:

        BBC self employed stars
        Sportsmen
        Pop Stars

        They’re all at it

        • 26
          Mike Hunt says:

          And real workers such as IT contractors, who are being tarred with the same brush.

          • pp says:

            Indeed – and real contract/freelancers end up paying to cut through this red tape to make a living – while these rich abusers do it purely through greed.

            Where is the Taxman? Oh he doesn’t like upsetting the rich and powerful who are chums with his boss… Just screws the real workers…

          • Steve Miliband says:

            It’s legit and I have no problem with it.

            When Actors, BBC types, sportstars and lefty politicians stand up and pontificate about rich people paying their way it grates

          • bono says:

            But, but, but Steve. We are humanitarians.
            We sing songs and make spe-aches about social failings of others. We play many benefit concerts. And Ken will eventually be rewarded with a real knighthood [not the honorary one I have been given]
            Just think Sir Ken L? Or even Saint Ken [ If Tony can put the word in]?

          • T.B£iar - the People's Messiah says:

            Pope Ken the First.

          • The John Prescott Policing Plan says:

            I am reminded that in the days leading up until the live 8 concert, Dave Gilmour suggested that as all artists appearing would benefit by enjoying massive sales as a result of such exposure then perhaps it would be appropriate that they all pledged a fair percentage of these increased sales to the charity. The silence which followed was deafening and no more was said about it.

        • 129
          Grumpy Student says:

          I wonder if Marcus Brigstocke does it. Would explain his quip last year about handing in his tax return being a pleasure to give money back to society. I’d love to know which ltd at Companies House he is a director of…

          • Are you licensed for that TV? says:

            It could be “CORDUROY PRODUCTIONS LIMITED “.

            Registered at Companies House under ref no. 04645908

            Accounts overdue apparently! Perhaps he’s trying to think of ways to enhance the tax liability.

          • Grumpy Student says:

            For some reason, I can’t post a reply to “Are you licensed for that TV?” but thankyou!

      • 36
        Cynical-old-bag says:

        An MP could have several companies in order to pay the bare minimum of tax.

      • 41
        Eddie says:

        Lets not forget the longer term family benefits.

        Once the Company owners die the shares can be transferred to the children, totally free of Inheritance tax, it is very good inheritance tax planning because it is far more flexible than a trust, where the money must be an outright gift and you must live 7 years before all inheritance tax is avoided.

        The children, on inheriting the shares, need do no more than slowly draw money off the company, as dividends, when needed.

        The Office of Gordon and Sarah Brown Ltd, will provide that opportunity… once it no longer needs to support the Browns in their “Public life”.

      • 48

        If you work on your own account, as I did from the mid 1980s, then you find that you can earn a shedload one year and nothing the next. On average you do better than employed but you have to be able to survive the thin times. When the Revenue decided to stop you claiming back tax (from a previous good year) in a lean year, it became the only way to ensure that you were not being shafted.

        Most of us in this situation don’t want to spend all the cash we make as we go. Therefore there is only any need to suffer tax on that which you pay yourself to live on. Providing you create a separate entity to hold this cash, no law or even ethical code, is being broken.

  10. 13
    Jasmin Alibi Cunt says:

    What a huge surprise, a left wing firebrand is a hypocrite cu’nt

  11. 15
    Cynical-old-bag says:

    If this man had any morals, he’d pay the taxman what he should have paid in the first place.

    Morals have no place in politics.

    • 92
      Grumpy Old Man says:

      Morals do have a place in politics – it’s just that many politicians have no morals. It’s those politicians who have no place in politics.

  12. 20
    a non says:

    Lord Lucan on crocodile safari?

  13. 21
    Hang The Bastards says:

    Oh how I wish I worked at HMRC so I could ring this self serving hypocriticlal piece of scums neck.

    The sooner his neck is throttled the better.

    • 34
      survivor says:

      Hypocracy of politicians however disgusting is unfortunately out of HMRC hands.
      Until the UK authorities change the single earner criteria many self employed may choose this legal escape route bringing a non working partner onto the company’s income and expenditure books for their own financial benefit.

    • 71
      AC1 says:

      He hasn’t broken and LAW, he’s just a hypocrite.

  14. 23
    sandy says:

    This is the loophole that the Labour hypocrites had 13 years to do something about. If socialists had any shame they would denounce him immediately.

  15. 30
    sandy says:

    Good to see the British getting an Oscar for best costume for an extra in a short documentary film. As this year’s Oscar record for British filmmakers has been so dire, can we expect our politicians and media (like the BBC’s luvvy lovers) demand that those getting paid squillions in the film industry give up half their income for the year? Just a thought. Hard to believe there was a time when bankers were respected and actors were looked down on.

  16. 31
    Ah! Monika says:

    Amanda Holden Exclusive

    ” I am having toast for breakfast again “

  17. 32
    MAD FRANKIE HADDOCK son of COD says:

    The New” Red Cockroach” trap , snares it’s first victim !

  18. 35
    Raving Loon says:

    If we just abolished income tax, we would only have to reduce government spending to what it was back in around 2005. I’m not saying public services were great back then (or any different from what they are now) but I think it would be better than forking over 20-40% of our income.

    • 40
      Cynical-old-bag says:

      But we have to keep them in the lifestyle to which they have become so accustomed, so we have to keep on paying our taxes.

      These huge tax benefits aren’t for the likes of us – we have to keep on paying out to keep them all living the high life.

  19. 42
    Steve Miliband says:

    Apparently 3m copies of the Sun on Sunday were sold. Stick that up your fat arses Watson,Prescott and Campbell

  20. 44
    Nuff said says:

    The 308,000 Britons on the 50p top rate – who earn more than £150,000 – pay £47billion a year to the Treasury. The lower-earning 50 per cent pay £17bn – less than the housing benefit bill.

    • 49
      50 Calibre says:

      It probably doesn’t cover the cost of collection either, especially when you weigh up the cost to ‘business’ doing HMRC’s work for them.

    • 60
      Selohesra says:

      Its not 50p tax – its 52p – bonuses paid this am and I receive less than half of the face value

      • 130
        Bluebottle says:

        To avoid 52% tax I am now awarding myself 4 months annual leave.

        The more I see of Cameron and Clegg in action the more I am inclined to increase this.

    • 73
      AC1 says:

      Socialist treat people equally, by fining one person thousands of times more for working than someone who’s less productive in order to fund the lifestyle of someone who’s feckless and lazy.

      This is called fair and equal.

      • 127
        Livingstone & Co. Limited says:

        My Manifesto

        - Boris Bikes will be resprayed in red to a warmer friendlier colour thereby prividing some stimulus to the economy by providing work for spray painters.

        - The City Hall wine cellar will be restored to it’s former glory thus stimulating the French economy.

        - The Londoner newspaper will be introduced to keep Londoners up to date with the incredible and wonderful work being done by the new Dear Supreme Leader Mayor

        - The Boris buses will not need respraying as the current colour is fine, but perhaps a new catchy name would be appropriate, plus a slight modification by adding a tow-bar so that a second bus could be attached to the back to make it more like the bendy buses much loved by London’s fare dodgers commuters.

        - A new Lee Jasper glove puppet London Equality Tsar will be appointed at huge cost to the tax payer to make sure that any minority groups receive all the help they need after Lee has taken what he needs

        I will cut my own salary and increase my wife’s salary by an equivalent amount which will be paid directly into our tax efficiency vehicle

  21. 45
    50 Calibre says:

    It’s usually sex that catches the Tories and LibDem’s out, but it’s always money with the socialists. Livingston is just keeping the tradition alive. It’s his duty. It’s what they do. Bastards…

    • 87
      Cato Street Conspirator says:

      Don’t forget Laws – he had to falsely claim money to cover up his sexiuality, or so he said.

  22. 46
    Up shit creek says:

    Hang that rope from one of Livingslime’s CONgestion charge spy cameras.

  23. 51
    Red Ken ( pond life ) Livingscum says:

    Tax is for little people.

  24. 54
    Liarpoliticians says:

    People like Red Ken benefiting from Bank of England stealing from savers and pension funds. Printing and laundering of Bank of England’s fake money (QE) goes into overdrive, pension annuity rates dive and REAL inflation goes up (not the fake inflation the ONS / BoE publish)…. however the BoE claims QE is not hurting savers and pensions that much. Lies, and more damned lies.

    • 74
      AC1 says:

      Look.

      QE is just (at the moment) changing debt to shorter terms (not a good idea) but not quite the outright monetary expansion you seem to think it is.

      However the extra interest we now pay is a straight subsidy to those connected to banks.

    • 75
      Raving Loon says:

      Also QE which causes in inflation (or more aptly IS inflation) makes deposits and low yielding fixed interest securities less attractive to savers in the long run. In order to acheive real positive returns, or even just preserve their savings/wealth, investors are forced into risker asset classes like equities fuelling a stock market bubble.

  25. 55
    Harry Benn's Pig says:

    Shock Horror !
    Ken Livingstone follows the Adam Smith principle of “Enlightened Self Interest”.
    So tell me then “What exactly is this Socialism business all about ?”

    • 76
      AC1 says:

      “What exactly is this Socialism business all about ?”

      Not apologising for 150 million people murdered?
      A new way of disguising Slavery?

  26. 58
    Hang em High - REALLY HIGH!! (own piano wire supplied) says:

    Could I take that neck over for a while? – gives me ideas!

  27. 63
    Polly Pot says:

    You know..I think I’ve been getting more left wing as I get older.
    How juvenile is that?

  28. 66
    Red Ken ( pond life ) Livingscum says:

    A sample of my finest hypocrisy :-

    “These rich bastards just don’t get it… No one should be allowed to vote in a British election, let alone sit in our Parliament, unless they are paying their full share of tax.

    “Cameron’s problem is too many of his team have become super rich by exploiting every tax fiddle. Given he is surrounded by so many millionaires in the shadow cabinet it’s not surprising their tax policies aim to reward the rich and screw the rest of us…

    “If Brown wants to get re-elected he should promise to sweep away all the tax scams and everybody should pay tax at the same rate on their earnings and all other income.”

    http://bit.ly/x8Gz74

  29. 69
    MAD FRANKIE HADDOCK son of COD says:

    Liam (There’s no money left) Byrne is calling for Cameron to answer why Emma Harrison £8.8 million per ann was appointed families tzar
    and given multi million pound contracts , when her company was already under investigation for fraud !
    Cameron certainly makes some dodgy appointments i.e
    Spelman
    Coulson
    Harrison
    Who next ?

    • 77

      Well, there is you and me, Frankie.

      I’ll put in a tender for £50m and see if we get the job.

      But I must warn you that you have to be prepared to put in an afternoon a week though…

      • 90
        the stench of hypocrisy says:

        It was Labour that started the Government links with Emma Harrison and A4E.
        In fact Blunkett was a huge advocate of the firm, enjoyed a foreign trip to South A frica paid by the company, and earned thousands acting as an advisor.

  30. 79
    Some Geezer wot knows the game Ken is playing says:

    The type of person who would be likely to vote for Livingstone in the first place is the type of person who doesn’t begrudge him the tax breaks; their rather curious reasoning is that old Ken is “sticking it to The Man” by using all the tricks the rich bastards use, and how do they like it, now that the shoe’s on the other foot? It’s all so Animal Farm. Red Ken does it– GOOD! A “one-percenter” banker does it– BAD! Meanwhile, the old crock is laughing up his sleeve at how easily he is able to gull such people; he’s got his, Jack, and sod off to you if you don’t like it, but evidently you DO like it if HE does it, is how he’s able to get away with it. Even Lefties love Horatio Alger-esque stories when it’s one of theirs mouthing their version of all the right pieties; Andrew Carnegie redux– “I hate myself for being so rich! Really! You have no idea how much personal grief it gives me! It’s a dirty business but someone has got to do it! Better someone like me, who at least has something of a ‘social conscience’!”

    • 84
      Cato Street Conspirator says:

      I get the impression you don’t really know anyone on ‘the left’, as opposed to people who support the Labour party, which is an entirely different thing. Most people on ‘the left’ saw through Livingstone many years ago (BEFORE he become GLC leader in the 1980s) and aren’t surprised at his hypocritical antics.

  31. 80
    Hannibal from Carthage says:

    The first rule of warfare is that you only lead your troops headlong into battle when you know you are going to win.

    Cameron may have had the finest education money can buy but I think one or two things may have been skimped over.

  32. 82
    Cato Street Conspirator says:

    This may be one of the best things R&M have ever done on here. Still not a patch on Steve Bell though. But give it time.

  33. 83
    albacore says:

    Erm, is that a camel trying to squeeze itself through the eye of a needle?

  34. 88
    Sir William Waad says:

    A loophole is something that the defender of a fort or castle fires through, not a means of escape.

  35. 99
    Tom McHarris says:
  36. 113
    Fog says:

    That drawing is too flattering.

  37. 114
    Anonymous says:

    11.30 and still the obscure cartoon

    must be a slow day for news

  38. 135
    A Taxi Driver says:

    I heard that Ken LivingWill fellah in the back of my cab’s radio Saturday morning .

    He was on London’s Biggest Constipation with that Tory toff David Smellor…

  39. 136
    A Taxi Driver says:

    Oh Guidoooooo!!
    Moderation is your middle name ! Stop it immediately or we’ll have to give you the Order of the North Korean Censor to be conferred on you by one of the Sachs-Coburg – Gotha’s in person !!!)

  40. 137
    A Taxi Driver says:

    Guido … I think you’re the nicest person in Christendom .

    Is this awaiting moderation too ??

  41. 138
    A Minicab Crver says:

    My Hackney Cab friend has given up and is going to Dignitas to end it all …

  42. 139
    Moderation for the Masses says:

    Guido you’ve excelled yourself … you’ve managed to delete three missives from a Taxi Driver two of which would have been passed by the Pope himself …. I think I’ll whistleblow you to Wikileaks..

  43. 140
    Rebecca Ross-Kemp (nee' Grant-Mitchell) says:

    We don’t pay in tax — just brown envelopes to a dead letter box in Highgate Cemetery.

  44. 141
    A Panamanian Finacial Intermediary says:

    May I be allowed to recommend an ” egregiously elegant ” little tax shelter in Lower Vanuatu ??

  45. 142
    A Taxi Driver says:

    ‘Ere? Why don’t you print none of my comments then Guv’nor ??

    I mean it’s not as if I even swear or nuffink … I did the Knowledge y’know!


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