Telegraph at it again!! Danny Alexander in expenses scandal now!!!
Danny Alexander, new Treasury chief, avoided capital gains tax on house
http://www.telegraph.co.uk/news/newstopics/mps-expenses/liberal-democrat-mps-expenses/7787519/Danny-Alexander-new-Treasury-chief-avoided-capital-gains-tax-on-house.html
Danny Alexander, who was appointed on Saturday after the resignation of fellow Liberal Democrat David Laws, designated the property as his second home for the purpose of claiming parliamentary expenses but described it to HM Revenue and Customs as his main home.
Last night Mr Alexander admitted that he took advantage of a loophole to legally avoid paying CGT on the sale of the south London property in June 2007
http://www.telegraph.co.uk/news/newstopics/mps-expenses/liberal-democrat-mps-expenses/7787519/Danny-Alexander-new-Treasury-chief-avoided-capital-gains-tax-on-house.html
Danny Alexander, who was appointed on Saturday after the resignation of fellow Liberal Democrat David Laws, designated the property as his second home for the purpose of claiming parliamentary expenses but described it to HM Revenue and Customs as his main home.
Last night Mr Alexander admitted that he took advantage of a loophole to legally avoid paying CGT on the sale of the south London property in June 2007
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Comments
hmmmm wonder if I should apply!
Oooh yer go on, can I share your house with you please?:D
Yes so long as the rent is REALLY HIGH:D
I remember David Cameron making his MP's publish all expenses on a website, has he instructed Nick Clegg to do the same since they are now 'one'
Bring on the next one!
The Telegraph have apparently got loads of these. They're going to pick off cabinet members one by one each week. Their circulation must be going through the roof right now! Fair play to them, mind - they know what makes good business.
http://www.dailymail.co.uk/news/article-1189788/Cameron-took-maximum-taxpayer-funded-mortgage--paid-75k-loan-months-later.html
Make it as high as you like, I am loaded:D
What are the telegraph doing? They are showing the public who they have elected that's all!
No, I think many MPs on both sides have frauds like this hidden. It just makes better sense for the Telegraph to be picking off cabinet members - more public interest.
I would be careful about using the word fraud - what Alexander has done is perfectly legal it appears. Its part of the Telegraph's campaign on capital gains tax though!
It's wilful tax evasion which is a class of fraud.
Ere at this rate, maybe we will need another General Election!! Who is next in the pecking order for this post?
I thought nick (cameron's twin) said that his party represented the new politics, a new way of doing things, a way where they wouldn't treat the public like fools ?
Not surprised at all. Time for Mr Alexander to consider his position I think.
It is legal but highly unethical considering the lidems stance on CGT
The Conservatives, but they don't like Lib Dem cabinet members diluting the right-wing purist side of Conservatism which the Barclay brothers prefer. They're not keen on Cameron, as he's a bit to liberal for their liking. I think they'll try and pick off all the Lib Dems and lliberal consevatives, such that they can go back to the polls and get a much more `traditional' Conservative party back in full power.
It would appear that they want the Lib Dem part of the Government to fail, and although I do think its important that the electorate know what their MPs might or might not have done, is it right that a newspaper can effectively decide who runs the country?
I guess that's nothing new though.....
They really have to bring John Thurso MP in - a well respected business leader - who is the only person capable of doing this job. Just hope he has no expenses problems.
Indeed quite unethical, he has GOT TO GO, poor Nick, the cabinet room is going to look at bit bleak soon, he may run out of MP's:D
I wouldn't bet on it!:D
theres only so much they can get away with though it could all backfire like the note from Gordon Brown to a dead soldiers mother did with The Sun last year it will seem like they are bullying the Lib Dems
No its tax avoidance, not tax evasion.
Critically tax avoidance is legal. A good accountant will draw up a will that pays the least amount of tax.
Is avoiding paying tax morally wrong ?????