Exposed: Another Tax Avoiding Labour Donor

The Mirror report that the latest celeb to be caught up in an alleged tax avoidance scheme is former Man United manager Alex Ferguson:

Investors in Eclipse Film Partners No 35 LLP collectively ploughed £50million into the fund, which totalled £840million after huge loans were taken on. They then bought rights to Disney films Enchanted and Underdog before sub-leasing them back in a deal with the studio.

While this is a common industry deal, HMRC said the scheme was designed purely to exploit tax breaks on film investment and that the LLP was not trading.”

That would be longstanding Labour donor Sir Alex, who even auctioned off his team talk notes to raise £10,000 for the party, and who Miliband has been tipped to recruit as an election guru. It’s the Disney tax scheme, because he disnae pay his taxes (allegedly)…

No Hands On DECC

Decc

The Department of Energy & Climate Change paid £600 to promote just one job on the business social network LinkedIn. Despite the advert being seen by 4,162 people, the number of people who clicked on it was precisely zero.

According to an FoI request, the cash was shelled out to the recruitment agency Penna who “promoted” the vacancy on LinkedIn for them.

Efficient, data driven and on the ball with new technology; it’s everything we’ve come to expect from the DECC.

 

Tories Charging “Cash for Access” to Meet Dave Tomorrow

This pinged into the inboxes of some lucky Tories in the south of England this afternoon. The line in bold has sparked local outrage:

INVITATION
Party Members are invited to meet
The Prime Minister
in Portsmouth
on
Tuesday 17 February 2015
commencing at 2.30pm
Due to security requirements, attendees must
PRE-REGISTER FOR THE EVENT
Members who wish to attend should register their request by email to
XXX@Conservatives.com
by 5.00pm on Monday 16 February 2015.
Accepted applicants will be advised of the event location by email on Monday evening.
A donation of £10 per head, payable upon entrance, would be much appreciated to cover the costs of the event.
Please bring a form of photo identification to the event.

Making money from room-meat. Guido is awaiting comment to find out whether this is new standard procedure. They’ve dropped the prices from last week though, down from £5,000-a-plate to a tenner on the door…

UPDATE: A co-conspirator gets in touch to say it was the same in Northfield. Birmingham last Friday. Ten pound a head…

Show Us Your Receipt, Ed!

Talking of cash in hand, Miliband had the roofers in to his North London home last year.

He did get a receipt, didn’t he?

Stanley Fink to Ed Miliband: Bring It On

Stanley Fink is very angry with Miliband using him as a tax dodging tool to try beat up the PM earlier. He has a pretty good explanation for his Swiss bank account too:

“I challenge you to repeat your allegation outside of the House of Commons – or to withdraw it publically [sic].” 

UPDATE:

Daylight Rubbery! Condoms in Venezuela Cost $755

Retailers in Venezuela will soon be wrapping up their businesses as the price of condoms in the joyless socialist dystopia climax at $755 a pack. The population is split and the secret police have been unsheathed to restore order, accusing businesses of running Trojan hoarding operations. “The country is so messed up that now we have to wait in line even to have sex,” says a frustrated Jonatan “Johnny” Montilla, while Jhonatan “Johnny” Rodriguez complains that abortion is illegal: “without condoms we can’t do anything“. Just the tip of the unrest. Time to pull out?

Polly’s “Precarious” Guardian Has £850 Million Cash Reserves

Polly Toynbee has a full page advert in today’s Guardian asking readers to “become a Founder member” for £540-a-year. In other words write them a cheque because the £1.60 they pay to read the paper isn’t enough to save it from its “precarious” position:

“The Guardian’s life has always been precarious because we don’t have an owner or a corporation propping us up. We don’t have a press baron or oligarch ordering us to take their political or commercial line. We swim along in a dangerous world of media sharks, our independence precious and unique.”

As Press Gazette points out, the “precarious” Guardian currently has cash reserves of £850 million since selling its stake in Autotrader last year. Cynical tax strategies have kept the Guardian afloat whilst simultaneously campaigning against tax avoidance. Amazingly £850 million has built an endowment that will allow the unpopular paper to lose money in perpetuity. All without paying any corporation or capital gains taxes for years…

Pic via @wblau

Jim Murphy Breaks Silence on Expenses Irn-Bru

Finally – some seven hours later – Murphy’s spinners have worked out a line on his shocking Irn-Bru expenses claims. A Scottish Labour Party spokesperson said:

“As most people know, Mr Murphy drinks bucket loads of of Irn Bru. Over the years it’s thought that he has single-handedly kept the House of Commons Irn-Bru supplier in business. He has paid for it himself except for these two cans totaling £1.30.”​

Which slightly misses the point as to why these two were on expenses.

There is no apology nor any explanation here.

Pay it back, Jim…

Tim’s Troughing Far From Yeo-ver

YEO

Three decades of his MPs’ salary, expenses and all those lucrative green energy interests and troughing Tory Tim Yeo is still at it. As Guido revealed in yesterday’s Sun, even though he is leaving Westminster in just three months, […]

+ READ MORE +

Blair Already Back Electioneering For Labour

There was plenty of chatter in the broadsheets this weekend about what, if any, role Tony Blair would play in the coming Labour election campaign. However – as readers of the Sun on Sunday would know – Mr Tony was […]

+ READ MORE +

McXlusive: Jim Murphy Claims For Irn-Bru on Expenses

Jim Murphy portrays himself as the Irn Bru street fighter, campaigning on crates with a bottle in his hand. A man of the people…

Now Guido can reveal that not only is Murphy so out of touch […]

+ READ MORE +

I Wouldn’t Take Money From PWC Says Ex-Employee Hodge
+ Hodge Family Firm Stemcor Employs PWC
+ Admits She Still Receives Pension From Her Time There

Worth listening to the end of Margaret Hodge’s interview on the World at One as she is politely reminded of her massive hypocrisy when it comes to Pricewaterhouse Coopers. Hodge began by slamming Labour’s Shadow Cabinet – including Ed Ball[…]

+ READ MORE +



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