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Rishi Sunak’s wife claims non-domicile status

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    #71
    Originally posted by mattster View Post

    Actually getting rid of non-dom was in the last Labour manifesto, but they were unfortunately unelectable for other reasons. Worth noting that non-dom in particular has been toxic for many years now. It is such a stupid rule, so very clearly designed to benefit the very wealthy with - as far as I can see - little to no benefit to the UK. In simple terms, it says if you are not British and you want to live here for up to 15 years, all you have to do is tell us that you don't really live here and you can avoid paying tax on all of the income derived from your offshore wealth (at a cost of £30k a year).
    I did a contract for a Lloyd's Insurance Underwriter a few years back. The lead underwriter was non-dom in Bermuda .... he would fly into the UK on a morning, fly out the next evening, and under the rules this was only considered one day in the UK. Not sure if rules are still same now, but made a total mockery of maximum x days 'resident'.

    He was British. So not just non-Brits playing loose with the rules.
    I am what I drink, and I'm a bitter man

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      #72
      Originally posted by Whorty View Post
      I did a contract for a Lloyd's Insurance Underwriter a few years back. The lead underwriter was non-dom in Bermuda .... he would fly into the UK on a morning, fly out the next evening, and under the rules this was only considered one day in the UK. Not sure if rules are still same now, but made a total mockery of maximum x days 'resident'.
      That got changed long time ago (15+ years I think).

      But even that was like one million percent more honest then this tulip - being MARRIED implies living together, if UK is Rishi's permanent home then so is hers, just on that basis - she must be (or were) on wife's visa since she is not a UK citizen, this is as permanent as it gets really - certainly after 7 fecking years and certainly after being married to somebody WHOSE JOB IS STRICTLY IN THE UK, especially at such high position!


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        #73
        Originally posted by AtW View Post
        "Sunak told the Sun that Murty was entitled to use the “non-dom” arrangement as she was an Indian citizen and planned to move back to her home country to care for her parents."


        So he's going to move with her then?

        Or are they going to get divorced in an English Court and he's going to get half her assets?
        "You’re just a bad memory who doesn’t know when to go away" JR

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          #74
          Originally posted by Whorty View Post

          So you think he should look at every piece of legislation and any that he or his direct family benefit from then he should change? Or is it only legislation where he benefits by a certain amount?

          Had he put this rule in place, then yes I can see where a conflict if interest would be called out, but this is existing legislation so his 'crime' is not to change the rules so that he is worse off (and presumably lots of Tory donors too and let's face it, they have far more power than Rishi does).
          It's a difficult one - of course, politicans are people too and all of them might stand to gain or lose from any policy decision. I think it is a matter of degree, though, and to have the actual chancellor personally gain by such an extraordinary amount due to a policy that has been toxic for years does put him in an awkward position IMO, regardless of whether he actually considers his position when thinking about policy (and he must, let's be honest). It's really a matter of how it looks, and it doesn't look good. It looks even less good when you consider that his wife (and by extension, himself) is very, very clearly taking the piss when it comes to claiming this exemption - regardless of what the small print of this legislation actually says.

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            #75
            Originally posted by Whorty View Post

            I did a contract for a Lloyd's Insurance Underwriter a few years back. The lead underwriter was non-dom in Bermuda .... he would fly into the UK on a morning, fly out the next evening, and under the rules this was only considered one day in the UK. Not sure if rules are still same now, but made a total mockery of maximum x days 'resident'.

            He was British. So not just non-Brits playing loose with the rules.
            Non resident for tax purposes is a little different to non-dom (but resident). The latter is a completely ridiculous made-up status to benefit the wealthy with offshore wealth, the former at least has some logic to it - you are resident for tax purposes in the country in which you spend most of your time. Of course, gameable as well by the wealthy who can afford to move around and keep homes in more favourable jurisdictions.

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              #76
              Originally posted by mattster View Post

              It's a difficult one - of course, politicans are people too and all of them might stand to gain or lose from any policy decision. I think it is a matter of degree, though, and to have the actual chancellor personally gain by such an extraordinary amount due to a policy that has been toxic for years does put him in an awkward position IMO, regardless of whether he actually considers his position when thinking about policy (and he must, let's be honest). It's really a matter of how it looks, and it doesn't look good. It looks even less good when you consider that his wife (and by extension, himself) is very, very clearly taking the piss when it comes to claiming this exemption - regardless of what the small print of this legislation actually says.
              I totally agree, and yes it looks bad, but these are politicians. Do they really care what we plebs think? If they did they wouldn't have had the expenses scandal, or parties when everyone was in lockdown, or Bojo and his decorators or ... well, too much cr@p to mention.

              But let's be honest here, would any of us change a policy to make our spouses worse off?
              I am what I drink, and I'm a bitter man

              Comment


                #77
                Originally posted by mattster View Post

                Non resident for tax purposes is a little different to non-dom (but resident). The latter is a completely ridiculous made-up status to benefit the wealthy with offshore wealth, the former at least has some logic to it - you are resident for tax purposes in the country in which you spend most of your time. Of course, gameable as well by the wealthy who can afford to move around and keep homes in more favourable jurisdictions.
                True ... but his wife and family all lived in the UK in the family home. It was only him that was not UK based. His private jet probably helped his commuting

                But yes, only the very wealthy can really gain from all these rules, but then again, it's only the very wealthy that get to make up these rules in the first place! Which is lucky for them eh?
                I am what I drink, and I'm a bitter man

                Comment


                  #78
                  Originally posted by Whorty View Post
                  But yes, only the very wealthy can really gain from all these rules, but then again, it's only the very wealthy that get to make up these rules in the first place! Which is lucky for them eh?
                  How many MPs are non-doms?
                  Originally posted by MaryPoppins
                  I'd still not breastfeed a nazi
                  Originally posted by vetran
                  Urine is quite nourishing

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                    #79
                    Originally posted by AtW View Post
                    "Sunak told the Sun that Murty was entitled to use the “non-dom” arrangement as she was an Indian citizen and planned to move back to her home country to care for her parents."


                    someone has to yell at the servants!

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                      #80
                      Question is if we stopped Non dom for anyone in the UK over 90 days averaged over 2 years what do we lose?

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