Angela Rayner dodges £40,000 stamp duty
Angela Rayner saved £40,000 in stamp duty on her new seaside flat after telling tax authorities it was her main home, The Telegraph can disclose.
The Deputy Prime Minister is understood to have removed her name from the deeds of her house in Greater Manchester a few weeks before buying an £800,000 seaside flat in Hove, East Sussex.
The changes enabled Ms Rayner to avoid paying £70,000 in stamp duty, which would have been applicable if Hove was her second home. Instead, she is thought to have paid £30,000 in stamp duty, saving her £40,000 in the process.
3 comments:
Having seen that photo, the ginger growler should demand her personal photographer repay the £64,000 salary (back to the taxpayer, not to her).I
Penseivat
Vot meanz "removed her name from the deeds"? Has she gifted the house to her children? (Oh no, vile inheritance!) To her ex-husband? (That would be exotic!)
Or is it a sorta gift that will eventually be returned to her? Would that be legal as a tax-dodge?
Penseivat - poor Raynetta, that photo sticks in the mind and no other photographer is likely to put things right for her.
dearieme - it struck me as odd, I don't know what it means. It must be some kind of legal paperwork tax-dodge, otherwise it would presumably be a taxable gift to someone. Possibly worth understanding.
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