Akshata Murty Says Will Pay UK Taxes On Worldwide Income

After saying her Indian citizenship meant she was not domiciled for tax purposes, Akshata Murty has changed her mind and will voluntarily pay taxes:

“My decision to pay UK tax on all my worldwide income will not change the fact that India remains the country of my birth, citizenship, parents’ home and place of domicile. But I love the UK too. In my time here I have invested in British businesses and supported British causes. My daughters are British. They are growing up in the UK. I am so proud to be here.”

Labour are twisting the knife, they want to know about Rishi’s tax haven benefits:

“Far too many troubling questions remaining. This urgently matters because the Chancellor – the person in charge of our tax system and responsible for loading working people with the highest tax burden in 70 years – will still benefit from Ms Murty’s tax arrangements.

With startling new reports today of the Chancellor being listed as a beneficiary of tax haven trusts, nothing less than full transparency can be expected. Any further obfuscation cannot be tolerated, and it would be beyond shameful of the Chancellor if he does attempt to do so.

He should be leading by example on tax with clarity and integrity – not outrageously dismissing perfectly reasonable questions and then conceding on them days later.

Is Ms Murty still saying her permanent home is not the UK, and if she is – will she claim inheritance tax benefits via the tax treaty with India?

Why did Ms Murty’s spokesperson and the Chancellor in his Sun interview claim that this is not possible to pay British tax given her Indian Citizenship? Was the Chancellor simply ignorant of how the rules work or did he lie?

“Given she now accepts the importance of fairness and that it was wrong for her to claim to use her non-dom status to not pay full taxes here will she agree to paying back all the tax she saved through the arrangement?”

Suspect Sunday’s papers will be subjecting the story to some scrutiny, it does have holes in it that Labour will demand explained…

mdi-timer 8 April 2022 @ 19:52 8 Apr 2022 @ 19:52 mdi-twitter mdi-facebook mdi-whatsapp mdi-telegram mdi-linkedin mdi-email mdi-comment View Comments
Paul Mason Finally Realises Corbyn is a Crank

Paul Mason has finally had enough of Comrade Corbyn. After years of publicly defending Jezza (albeit trashing him behind his back), Mason has at last seen the light and admitted that maybe, just maybe, Corbyn’s Stop the War lunacy is a bit much. In a lengthy thread this afternoon, Mason took aim at Jeremy over his latest think-piece on Ukraine, calling it a “catalogue of platitudes designed to mislead people about [Stop the War]” and a “a bunch of genocide deniers and Putin proxies.” All it took was a war on European soil…

He adds, however, that he doesn’t regret backing Corbyn for the Labour leadership, albeit with the caveat that he had to fight Corbyn internally “to keep Labour pro-Trident and pro-NATO:

The odds of Corbyn denouncing Stop the War are practically zero. On cue, Owen Jones showed up in the replies to call Mason an “unhinged McCarthyite” for daring to attack the dear leader, with Mason punching back by claiming he doesn’t want to share a platform with “Russian disinfo merchants.” A disinfo merchant he still doesn’t regret supporting throughout his tenure as leader, apparently…

mdi-timer 8 April 2022 @ 17:00 8 Apr 2022 @ 17:00 mdi-twitter mdi-facebook mdi-whatsapp mdi-telegram mdi-linkedin mdi-email mdi-comment View Comments
Boris Reiterates Rishi Defence, Denies Briefings Coming from No. 10

Guido’s sure this will completely abate the simmering tensions between No. 10 and No. 11…

UPDATE: Rishi Sunak confirms he had green card until October 2021 – a year and 8 months after he became chancellor. He says he filed US tax returns as a ‘non-resident’ and continued to use it for travel purposes. He only returned it upon his first trip to US as Chancellor.

“Rishi Sunak had a green card when he lived and worked in the US.

“Under US law, you are not presumed to be a US resident just by dint of holding a green card. Furthermore, from a US Immigration perspective, it is presumed that permanent resident status is automatically abandoned after prolonged absences from the US. At the same time, one is required to file US tax returns.  Rishi Sunak followed all guidance and continued to file US tax returns, but specifically as a non-resident, in full compliance with the law.

“As required under US law and as advised, he continued to use his green card for travel purposes. Upon his first trip to the US in a government capacity as Chancellor, he discussed the appropriate course of action with the US authorities. At that point it was considered best to return his green card, which he did immediately.

“All laws and rules have been followed and full taxes have been paid where required in the duration he held his green card.”

mdi-timer 8 April 2022 @ 16:13 8 Apr 2022 @ 16:13 mdi-twitter mdi-facebook mdi-whatsapp mdi-telegram mdi-linkedin mdi-email mdi-comment View Comments
Sturgeon’s Book Publisher Still Under Investigation for Fraud

Back in November Guido reported on how Sandstone Press, the publisher of Nicola Sturgeon’s little tartan book, was facing fraud allegations for trousering over £295,000 of taxpayers’ cash in loans and grants since 2019. A figure which actually rises to £500,000 when accounting for the grants from Creative Scotland over the last 15 years…

Last night the police confirmed the investigation into Sandstone is still ongoing, with rival firm Strident Publishing accusing them of lying about the number of people they employed, and deliberately changing the location of the firm to an area which would allow them to claim more financial support. Not to mention the fact that the company’s managing director, Robert Davidson, is a vocal SNP supporter… 

Her “nationalised publisher” under investigation and national press now banned from her manifesto launch. Is it any wonder Chairman Nicola named her book after a Mao quote?

mdi-timer 8 April 2022 @ 14:14 8 Apr 2022 @ 14:14 mdi-twitter mdi-facebook mdi-whatsapp mdi-telegram mdi-linkedin mdi-email mdi-comment View Comments
Caption Contest (I’m Still Here Edition)


Entries in the comments…

mdi-timer 8 April 2022 @ 12:56 8 Apr 2022 @ 12:56 mdi-twitter mdi-facebook mdi-whatsapp mdi-telegram mdi-linkedin mdi-email mdi-comment View Comments
TalkTV Poaches Isabel Oakeshott from GB News

Murdoch’s fledging news channel TalkTV have announced Isabel Oakeshott will be joining the launch lineup as International Editor, returning to the News UK fold alongside Tom Newton Dunn for the April 25th airdate. Oakeshott only joined GB News back in September, now she’s already jumped ship…

Announcing the move today, Oakeshott said:

“I’m delighted to be returning to News UK, which is both a bastion of free speech and home to a wealth of world-class journalistic talent. I’m excited to be joining Tom’s show as a regular commentator, as it seeks to redefine broadcast news and current affairs for contemporary audiences. And in my new role as International Editor, I look forward to reporting on the ground, on the biggest global news stories across the globe.”

Only 17 days to go…

mdi-timer 8 April 2022 @ 11:59 8 Apr 2022 @ 11:59 mdi-twitter mdi-facebook mdi-whatsapp mdi-telegram mdi-linkedin mdi-email mdi-comment View Comments
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