Ken has released information on the income that he decided to pay tax on, while simply choosing to ignore the rest. When Silveta Ltd’s numbers from all of his media earnings are included, the true picture of his company wheeze becomes clear. If the Silveta Ltd had actually done anything Ken might have had a leg to stand on, but it did nothing in that time bar employ his wife to write a book. He’s a tax avoider…
How Mervyn King Lost Bank Battle War | WSJ
BBC Corporation Tax Horror Story | IEA
Sally Bercow Judgement in Full | Mr Justice Tugendhat
Commies Blame Capitalism For Terror Attack | The Commentator
Lord Black v Press Regulation | Guardian
Osborne’s Complacency | FT
DWP’s Welfare Failings | Isabel Hardman
Get Used to Coalitions | David Aaronovitch
Woolwich a Showcase in the Banality of Evil | Fraser Nelson
The Enemy Within | Max Hastings
Muslim Led Military-Style Free School Needed | Toby Young
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Ed Balls stretches credulity by claiming he isn’t ambitious…
“I would love to be part of Ed’s Labour government but what I do next for me is not an all-consuming passion. I’m more bothered, in a personal sense, about getting to grade 8 piano by the time I’m 50.”
Ned Flanders – Clegg
Lisa Simpson – Natalie Bennett
Milhouse – Hilary Benn
Martin Prince – Andy Burnham
Edna Krabappel – Luciana Berger
Crazy Cat Lady – Glenda jackson
Comic book guy – John Prescott
Carl – Chucka
Lenny – Philip Hammond
Willie – Eric joyce
Poochie – Gordon Brown
Reverend Lovejoy – Tony Blair
you see – I knew
it is really not write that he gets away with it
Hypocritical newt-fucker.
I trust no limp-dums were involved with the construction of this bar chart?
Lib Dem bar charts are truly a thing of beauty
i dont get it
81lly – (A reader, Racked Off, John etc)
I suspect you have not had it for a long time
Guido this is a silly graph as paddick probably did not qualify for higher tax, while boris certainly did…… so only 5/10
how about a graph showing the ammount of tax AVOIDED by ones tax schemes over the last 4 years…..
as this will show KEN storming into a massive lead in tax avoidance…
probably your key point ?
I can see £34,661 tax paid but I can see only £94,568 income can I ask where is £238,646 coming from?
If £238,646 income is company income we also need to look at company expense. If you take the same logic and look at our FTSE 100 companies they would not have paid even 0.01% tax.
It’s called Guidonomics. Once he gets out of his comfort zone of stationary expenses and gay sex he starts to get confused.
Look at the previous items… Ooops sorry that involves a little thought and effort and socialist trolls are against effort of any sort…lazy scroungers..
Lord Kinnock of Wind-Baggery!; I did get these numbers from the last one. If we are looking at company income we also need to look at company expense and tax paid by company.
I don’t think even accounts will be able to window dress as Guido.
Ken’s often in here using the tumble dryers
£238.646 was paid into Ken’s company. Apart from paying Mrs Ken to write a book, there was no business put through the company. Therefore it can be safely assumed that the company is a front to launder Ken’s earnings so that he pays less tax – which is shown by the bar-chart. What Ken has done is not illegal, however bearing in mind Ken’s statements about the necessity for all to pay their due tax, it is both immoral and hypocritical. Is that simple enough for you to understand?
What about the other 2 staff Ken says he employ?
Don’t you think £250,000 Telegraph pays Boris is the same premier league amount Cameron wants for access?
Is Telegraph paying similar figure to others? If you base it on time spent even Telegraph editor will not get the same amount. Say Boris writes 10 telegraph column a year, he claims it takes 1/2 hour, will any one pay him £50,000 an hour?
so your argument is now nothing to do with tax avoidance.
- Ken employs some staffers to work on his political campaign – GOOD
- Boris earns more than Ken – Bad
Boris is rich -BAD
Cameron could be taking money for dinner and access -BAD.
Time to give up on this one. Your man is wallowing hippo-crit.
Accept it.
How much in VAT did the company pay/claim against?
How many directors got paid via dividends and how much?
How much was paid in NI liable salaries?
Where was the place of work, were costs claimed for this location?
Any scheme which Is solely set up to avoid paying tax is liable to be investigated by HMRC… If tbey decided to send Ken a letter saying that an investigation was underway and to make his records available to them should be made public.. I wonder?
So why is HMRC not doing any thing? There is enough publicity someone in HMRC would have read about it months ago.
What about Cameron’s and Osborne’s trust fund, is there any other reason than tax avoidance.
Maybe HMRC are looking into Ken’s tax avoidance scheme..my point is can Ken be trusted to tell us if tbey are? Trust funds are perfectly legal ways of mitigating potential tax liabilities. As is using a company, it’s Ken’s brass neck hypocracy in not admitting that he’s avoiding tax that’s at the core of it. He has a deep character flaw and he’s not being honest with us or himself.
If Ken wants treat the corporation tax paid by the company as ‘his’ tax, he should also treat the company’s income as ‘his’ income. Ken’s schedule cheats my comparing his personal income with his-and-the-company’s tax.
Have you heard about “dividend tax relief” otherwise people will end up paying double tax.
Kens tax avoidance vehicle is a seperate legal entity, it’s not him whose paying the tax it’s the company.. He’s avoiding tax and a hypocritical greedy coward whose been caught with his pants down and his little appendage in his hand..
Do you pay tax for Tesco? It is a separate legal entity as well. This is what you are blaming Ken as not doing so.
Every pound Ken gets he pays tax on it.
Christ, the pitiful attempts at rebuttal.
Ken’s finished.
Although he claims it’s dividend income rather than taxable income even though the Limited entities product is solely the “fruits” of Ken’s labour.
Sounds like basic tax avoidance (and borderline evasion) to me (a company director).
Does he pay less tax than his cleaner?
When is red Ken and Millyminor going to apologise to Boris……..Oh thought not…
Someone on £8,000 a year will not pay tax as well, does this means he is avoiding tax?
If you buy pastries and heat it at home you will not pay VAT but if you buy it hot you will pay tax, does this means you are avoiding tax if you buy it cold and heat it at home?
To all who are interested:
Emma Beal is a 50:50 shareholder with Ken. On 26/6/2008 Ken increased the number of shares in VATLIES ltd from 1 to 2. The second share was given to Ms Beal.
Note Companies House Webcheck entries (explanations in square brackets after each entry) :
Document 88(2) [change of share allocation]
26/06/2008 [date of document filing]
AD 17/06/08 [date of share transfer]
GBP SI 1@1=1 [increase in total share value of £1]
GBP IC 1/2 [increase of total share number from 1 to 2]
The downloaded document shows clearly on the last page that the new share (half of the 2 shares in the company) was allocated to Ms Emma Mary Beal of 52 Ivy Road Crickelwood.
Dividends are paid per share. So, whatever Ken got, Emma got the same. Could anyone honestly argue that she earned that money through VATLIES Ltd? No. Ken is doubling his tax-free dividend take by passing half of it through Emma. After that, I would imagine it finds its way direct to a current account.
Guido – Ken is paying much less than 14% tax. Count on it.
Emma doesn’t neccesarily get the same – she can relinquish her right to receive the dividend and I have seen this done quite often in family owned and controlled companies.
It’s extremely unlikely that she relinquished the dividends. This arrangement is well-engineered to minimise taxes – why would they give up her lower tax bands?
He pays less tax than me!
81LLY
You don’t earn that much.
And so it ever was: the right pay, the left collect.
The slimy git will now claim that he has declared all, and his loyal tribe will vote for him anyway.
Livingslime is scum!
vote sdp
Maybe a good time for Ken to nip off on a skiing holiday until this one blows over.
He’s on a slippery slope already!
B-Boom! Tish!
Ken Livingstone & George Galloway have a lot in common – both promoting themselves for their own selfish reasons. As far Ted would have said – a pair of Gobshites
No that would be Father Jack
Feck off.
Tax avoidance would be an ecumenical matter.
Guido is officially Boris’ spin doctor. Such a fall, such a fall.
No spin needed on this, it looks awful for Ken. He talks about “fair fares” but doesn’t pay his own fair share.
He’s toast.
That toad Livingstone is a broken talisman of the left…. Get over it!
I think the correct term is spokescock.
My beauty is matched only by Jimmy’s rapier wit
Anything that pushes the knife into Commie Ken’s parasitic, tax dodging, Islam crawling, terrorist loving, hypocritical ‘career’ as a professional scrounger is good enough for me.
Well said, goes for me too.
Can’t stand Ken, but the world has really turned upside down when the likes of Guido make the act of paying as much tax as you can to the state a badge of honour. I’d prefer to vote for someone who advocates paying the minimum amount rather than this “progressive” race to see who’s the most virtuous.
The point is, Ken advocates ‘rich bastards’ paying as much tax as possible, while studiously avoiding it himself.
But we knew this, didn’t we?
Guido is bolstering the progressive/NuLab view that it’s a good thing to be paying more tax than you need to. That the state deserves and is entitled to make as big a claim on your income as possible and that any efforts you make to avoid stuffing the the state’s maw with your money is somehow immoral.
Ken’s a hypocrite but at least he’s a savvy one.
BTW, what Ken does pales into insignificance with the tax dodges of Overseas Development Minister, Andrew Mitchell. This guy’s in the government, NOW, fucking this country up on a daily basis – Ken’s just a slightly creepy candidate in a mayoral election. He doesn’t have Mitchell’s capacity to fuck up my life either way!
Really?
Ken advocates other’s pay lots of tax, but won’t do it himself.
Personally, doing a Ken is a good thing.
However, unlike Ken, I advise other people to do the same. I’m not a fucking hypocrite
What about the nurses and teachers and hospitals and er us IR35 ers? You clearly dont care.
That clock didn’t last long either… how embarrassing…
according to the document Ken released – he didn’t pay any National Insurance which under s114(1) Social Security Administration Act 1992 is a criminal offence and the Social Security (Contributions) Regulation 2001 give a maximum of two years to pay the correct amount.
If you “earn” less than £5k, how much NI do you pay anyway?
Certainly very odd to earn pretty much nothing, and have all your money in dividends.
One might note that Paddick “failed” to mention NI. But then, he’s got a pretty straightforward tax sitation.
There is a threshold for paying NI contributions. Single person companies normally pay themselves below this threshold about £360 a month to avoid NI contributions, if they wish to take any other money out of the company they take it as dividends, which is not aggregated with the income for NI contributions. Dividends also attract less tax than the advertised rates of income tax, and if you pay tax at the standard rate they are tax free. How do I know this? Cos I have been doing it for years.
I forgot to add that if you pay yourself below the NI threshold, the Government pays your entire NI contributions for you, this is exactly what is happening to Ken. He is earning below the threshold for NI contributions therefore the Government pay them for him. Good isn’t it! By the way Guido, if you aren’t taking advantage of being a single person company, like Ken, Blair and Brown, and millions of others, you are a muppet.
Or one could simply reside offshore in a taxhaven.
But…but…but…this is just smears.
I earned most of that money in Iran so of course I paid my dues to President Ahmadinejad who is a beacon of hope against these nasty Tories.
Ken is just another rich bastard and he shouldn’t be allowed to vote in the election.
Ken’s new name should be the artful dodger.
Worse, he’s had this information pulled from him by public pressure.
artful codger more like
I don`t pay tax!
I do but not on my extra curricular earnings. Boaz.
What I want to know is how legitimate these dividends are. Are they from his own company? Isn’t that like paying himself from the company? Seems quite high to me. Is his company really doing that well?
Yup. Underneath that veneer of Marxism lies an ardent running dog lackey of capitalist imperialism. Not the sort of thing one shouts from the rooftops of County Hall.
Because he has more than one client it’s all really quite legit.
Just a pity about the working class. They can kiss his ass.
I wonder what Ed Miliband has to say about this?
Or is he too busy posing for photos with a sausage roll?
Oi, have a bit of respect, please. I’m the RIGHT HONORABLE Sausage Roll.
i wont be vuting for kevin anyway
So assuming that Ken’s figures are all accurate and above board, he pays less tax (as a percentage on his income) than Mitt Romney, the US Republican candidate.
Good one.
I don’t think Ken’s confident of success. Rumour has it that is already booked to do panto next Christmas, as Baron Hardup (in Dick Whittington, of course).
very funny + 180
I hate Ken as much as the next man (UKIP voter all the way), but I gotta admit the pro-Boris bias Guido’s been pushing these last few weeks is getting tiresome.
I know he’s the best chance of keeping newto away from the Mayor’s office, but there’s no denying Boris is an establishment c**t who’s been consistently shit as Mayor. It’s possible to blast Ken without sucking Boris’ aristocratic cock every thirty seconds you know. Try it some time.
Vote Lawrence Webb.
well said,we need a change from these establishment placemen i will vote ukip regardless of who gets in as i oppose the main parties as they are all in it together
Why is anti-Ken pro-Boris? Is it because UKIP haven’t got a fucking chance?
i heard that he is going back to lbc as a financial expert
Bullingdon Boris fails to land a punch on Ken so hires foreign oiks to go name calling.
ha ha ha ha ha
Kevin Liversausage looks like a shriveled goat’s testicle nana n’na na.
Pathetic, Soshies in panic mode
*Breaking News*
Man sets his pants on fire in kitichen while trying to decant large income into small tax return container.
A spokesperson for the tax office said: This type of gerrycaning is not leagal, any person should only be alowed one set of tax returns on all incomes to be stored at home.
The Bbbc and the unions have called for Maud to be fired.
They have also called for Michael Gove to be fired, because that teacher got stabbed outside that school that time, and Michael Gove does schools and stuff.
Gove must go!
The main point here is that by paying himself in dividends he is avoiding paying National Insurance, which all other employed people have to pay. If you are employed you pay it at 12%. If you are self employed you pay it at 9%. If you are Ken, you don’t pay it at all. It is avoidance pure and simple.
No wonder Ken wants the mayor’s job if his income since 2009 was £5k p.a. He’s either incompetent or avoiding tax.
45.1% !!! Boris is an idiot.
If he’s paying this sort of money to the state then clearly he cannot handle his own finances efficiently. And so he is in no position to handle the finances of others.
Ken is the only true capitalist in the running and who better to manage the coffers of the capital?
Whilst you are a huhne of the highest order, you would have a point here if the statement reveals all of his income.
I have to say, if I earned £473K and had to hand £213K of it to the fucking tax man, I would be mightily pissed off.
Largely because I know it would go to a bunch of useless feckless wasters, along with their client voters.
Precisely. The dickhead who posted before you somehow cannot grasp this elusive concept.
“I would be mightily pissed off.”
And yet Boris seems chirpy and upbeat although his hard work is paying for 7 Welsh Rays and their families to smoke and watch Sky all day.
What a great guy.
In circles like that which Boris moves in, i.e. the parasitical Bullingdon-OldBoysNetworks, payments are surely made as implied unspoken promises, in kind benefits, orgies full of oiled up young boys, bags of opium, appointments as non executive directorships, and that sort of thing. Therefore I fail to see how Guido’s bar chart can be a true representation of reality.
At last a touch of reality!
…from Cloud Cuckoo Land.
I saved the world the rt Hunt gordon t c brown RIP godspeed you fucking loon
Whatever figures are published ardent Kennites will insist that he’s done nothing wrong in the eyes of tax law and skip over the point that started this debacle.
Ken said that people who avoid, regardless of how legitimately, shouldn’t be allowed public office. Then, as we’ve seen, he avoided.
Other candidates made no such accusations of those who avoid, and had they avoided no charge of hypocrisy could be laid against them. Happily it turns out that they don’t avoid and in fact Boris pays enough tax to keep 7 unemployed families in benefits.
But all the same, Kennites will continue to ignore all this and insist he’s done nothing wrong, they’ll gloss over the hypocrisy, continue as before and claim dirty tricks. They’ll continue to distrust the more honest candidate because in their eyes he’s guilty of the most heinous crime imaginable, being posh.
Ken has done nothing wrong in the eyes of tax law.
Lets skip over this now and talk about the real issues facing London.
Unless it turns out that Boris has evaded a single penny of tax.
Then we’ll go on, and on, and on, and on, and on, and on, and on, and on, and on, and on, and on, and on, and on, and on, and on, and on, and on, and on, and on, and on, and on, and on, and on, and on, and on, and on, and on, and on, and on, and on, and on, and on, and on, and on, and on, and on, and on, and on, and on, and on,and on, and on, and on, and on, and on, and on, and on, and on, and on, and on, and on, and on, and on about it.
Apparently one of the mayoral candidates is an utter hypocrite. That’s a real issue facing London.
I insist that he’s done nothing wrong in the eyes of tax law.
Lets skip over this now and talk about the real issues facing London.
That’s not the point. The point is Ken Livingstone has consistently denounced all forms of tax avoidance—not tax evasion—whilst doing it himself.
Mark, Ardent kennite’s comment was directed at my comment above and is clearly intentionally ironic.
Both Sky & the BBC news channels are all over this. Hang on; they’re not? Oh.
Take my advice Ken.
Blame someone else. Never admit a mistake. Never apologise. Never concede anything.
Smear anyone who disagrees with you. Smear anyone who agrees with you too.
Scheme, plot, plan a coup and practice the blackest of black arts.
its all in my book – how I saved the world by copying Stalin.{he copied me first}
Very dodgy.
Is this really what matters? The real screaming howler is that the British Sheeple are still trapped in the ConDemLab paradigm. Icke for PM!
But Ken is an employer. He employs his wife to be married to him and the invisible man to do odd jobs about the house. An Iranian is employed to inflate his ego.
I’ll say it again. That’s not the point. There is nothing to stop him paying wages out of his income. The way he does it enables him to avoid tax—something he has consistently denounced.
So he will denounce himself !!!
Comrade Stalin will be so pleased.
ken so low he could parachute out of a snakes Arse. wouldn’t trust this man to sit the right way on a toilet seat.
Now lets see who would I vote for if I was a London Ratepayer?
Something as simple as giving a complete and open disclosure of their tax affairs is beyond the abilities of these two dubious renegades.
Neither of them should be left in charge of a taxpayer provided budget of billions of pounds.
They both deserve to be boiled in vinegar