George Osborne Demands Hooker Goes Down Chancellor is Super-Pimp

George Osborne’s Treasury has wreaked revenge on high-earning hookers after a £1,000-a-night tart was jailed over a £120,000 tax fraud. Donna Asutaits will go down for 16 months after being found guilty of evading taxes over a two year period in which she earned over £300,000. UKuncut will be happy…

Osborne is responsible for the HMRC cracking down on high-earning tax evaders, demanding that high-class call girls pay a whopping 45% of their earnings, making him the harshest and most lucrative pimp in Britain. Guido can’t imagine how George ever got involved in such a sordid business

Hollande Outflanks Cameron From the Right

France’s socialist president François Hollande visited David Cameron at Downing Street today, but the afternoon press conference turned into a bit of an embarrassment for Dave as his opposite number threw up a few surprises from the right of the PM. Not only did Hollande promise he wouldn’t tax second homes owned by Britons south of the Channel, but he taunted George Osborne’s top rate of income tax as too left-wing:

He’ll be calling for an EU referendum next…

Murdoch Men Mystified By News Corp Split

Guido hears that Rupert Murdoch’s decision to separate News Corporation’s money-making arm from its publishing arm left senior employees completely in the dark as to what lies in store for the future of the company. Chatting to News Corp employees last night, Guido was told chaos is reaching such a stage that hacks are only half joking when they say they have had to establish shadow newsrooms where the ultimate scoop is finding out whether or not they will be keeping their jobs. Talk about rogue reporters…

Guido also put it to them that News Group, the UK newspaper wing of the business, doesn’t pay any tax. The denial was pretty damning:

Look, The Sun is the only paper that makes a profit, The Times loses money every day of the week. It’s pretty hard to pay any tax when you’re haemorrhaging money like that. The print media is on the way out, for sure.”

Did someone say dead tree press?

Labour Tell Donors How to Dodge Tax Too

Yesterday it was the Tories advising their top donors on how to avoid tax through a controversial “legacy” scheme. The story had considerable traction and unsurprisingly provoked considerable outrage among Labour MPs:

Guido can now reveal that the Labour Party offers an almost identical scheme to help its supporters dodge inheritance tax as well. Labour’s “Leave a Legacy” programme offers advice on three different methods of leaving money to the party, even going as far as to suggest clever a legalistic wording of donors’ wills in order to minimise tax liability:

Labour have led the way on bashing tax dodgers, with everyone from the shadow cabinet to the backbenches queuing up to stick the boot in. Starting with trigger-happy tweeter Steve McCabe, Guido wonders what they have to say about their own party being directly involved in a tax avoidance scheme. They call that red-handed…

Tories Advise Top Donors How to Avoid Tax

Dave might think that Jimmy Carr is morally repugnant but that has not stopped the Tories from advising their wealthy donors on how to avoid tax. The Conservative Foundation, an organisation run by an array of Tory grandees and city types, is offering donors the chance to dodge inheritance tax through a scheme in which they leave a “legacy” to the Tory party. The scheme promises to “reduce or even remove completely” the inheritance tax liability of rich Conservative backers, while its website explains how to take advantage of rules allowing tax-free donations to political parties. Although the scheme appears to have been set up on the quiet it is startlingly open about its intentions:

Cameron was always going to be a hostage to fortune over tax avoidance, now he faces the inevitable dilemma of having to deal with questions about his party’s wealthy financiers. He’s hardly making it easy for himself.

Osborne Fuel-Turn Catches Greening By Surprise


Justine Greening to the Sunday Telegraph:

“The taxes that we get in fund the public services that we all rely on. Surely it’s better to challenge the petrol retailers to pass on reductions to motorists and actually I think that’s probably the most important thing to do.”

Treasury Twitter feed on Tuesday:

“Chancellor announces that August fuel duty rise delayed until January 2013 to help with cost of living.”

Sure that went down well in the Department of Transport. Given that Balls was on the radio calling for the u-turn this morning, Guido reckons he was tipped that it was coming…

Carr in Reverse: Jimmy Says He's Done With Dodging

Guido suspects that HMRC are going to litigate over this scheme, probably successfully. Carr may end up paying all the taxman demands plus penalties…

Cameron Goes Back to Basics

Jimmy Carr is immoral apparently. It’s open season…

Topical Commons Lunch

You’ll want to let those cool…

Via @michaelsavage of the Times.
[…]

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Just in Time for Tax Freedom Day

Tomorrow is Tax Freedom Day – the first day of the calendar year that you stop working for the state and start working for yourself.  One of the better received parts of the budget was the pledge of tax transparency – soon tax statements will come with a break down of how our money is spent.[…]

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Small is Beautiful

Guido really likes this video from the wonks at the Centre for Policy Studies, it animates a very clear message, around the world lower taxes lead to higher growth rates.

The data is pretty clearly presented, are you watching Mr Osborne?[…]

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Guardian Attacks the Tax Status of the Guardian

While mentioning his race-baiting, tax avoidance and warning that if he wins he will be on “probation”, the Guardian has held its snooty nose and endorsed Ken. In an attempt to give some lukewarm covering fire today they claim that Boris has been using campaign office space donated by Lycamobile who have not paid corporation tax – a brave line of attack given Ken’s voodoo accounting.  […]

+ READ MORE +

Labour Star Lord Winston Slams Party For Choosing Ken

Labour’s second most famous backer Lord Winston has followed the lead of Alan Sugar and slammed Ken. Talking on the Daily Politics he questioned how the party had managed to select Livingstone. Just a week ago Lord Winston was the face of the Labour Party’s Election Broadcast.[…]

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WATCH: Ken’s Tax Downfall

As Parliament returns after an extended Easter break, here’s a handy catch up guide to what you have missed in the race to become Mayor of London…[…]

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Neutral Audience Savages Ken on Tax

An over overenthusiastic ‘elf and safety advocate ensured that Guido was ejected from last night’s Evening Standard debate, but thankfully they have sent over the video so you won’t miss a balanced audience boo and shout “champagne socialist” as Ken squirms and tries to justify, to no avail, his tax avoidance hypocrisy.[…]

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Ken is the 14.5% Former Climate Change Adviser Knocked Up Partial Figures

Last night Ken promised on Newsnight to publish his accounts. He further said this morning “I will set out income to my company over the last four years, how much my wife and I received and how much tax was paid.” Instead we got a partial view of what he decided to pay tax on.[…]

+ READ MORE +



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