Or very little just like the owner of the Daily Mail whose paper screams about Brexit and helping the country whilst not contributing anything as a "Non Dom". Then there was the HSBC chief executive, was able to be non-domiciled, despite being born and educated in the UK. Although Gulliver lived in the UK and ran a British bank, he was able to argue he should not pay tax on his income from outside the UK because he had worked abroad and intended to move to Hong Kong after retiring.
If they don't live here for 6 months of the year Harry, then they are no obliged too. My concern is, to listen the Labour, they make it sound like there is a billionaire on every street corner and those will be ripped tax wise to fund a good chunk of labour spend. Now as it turns out there are only 151 billionaires in the U.K. and within that list a good chunk do not live in the U.K. but have homes here also. That cash pot simply isn't going to be what is claimed. Labour would know this so I can only think it's just rich bashing with no real expectation of the promised funds
I think you'll find it is 9 months out of the country in a tax year to qualify for paying no UK tax - just to be pedantic Of course it's rich bashing, but the political classes thing anyone on circa £70k is a millionaire
I have never heard Corbyn or McDonnell say that all the UK investment will be provided by increased income tax paid by billionaires. This is just another figment of someones imagination. This is what they actually say
No problem being corrected on the time limit harry. I remember seeing John McDonnell on the Mar show about a yesr ago where he said we intend to tax the richest the most, Marr asked him at what point would it start from and he said the lower scale of new increases would start at £70k. In the afternoon he was doing more or less the same interview on sky but this time he said it was starting at £80k . The cynic in me wondered if some one had a word in his ear to remind him that the basic annual salary for an MP from 1 April 2019 is £79,468.
Yes, yours again. I have never heard Corbyn or McDonnel say that "all the UK investment will be provided by increased income tax paid by billionaires" no one said it, you're making it up again
Yes really, show me where I said the billiionires tax will pay for all of labours spend? I clearly have not, the same way I never said 13 million voters.you have issues sir and comprehension of your own posts is the largest I await you putting up where I said all the billionaires tax will pay for all of labours spend...tick tock
Could be but, I think 80k is about right rather than the current £46,351. If you think about it, this is not people who have boats in monte carlo, several homes internationally, a fleet of rolls royces. This is more likely to be surgeons, doctors self employed who have built a company that now employs a few people
I recall when the current 2 tier system was introduced by the tories back in the dim and distant '80s the original threshold of circa £30k was chosen to then tax the 'rich' at a higher rate funny how fiscal drag works......
I will glady apologise if I have misunderstood you. I understood "to fund what has been promised" to mean Labours spend. Could you explain just what you meant by Could you also provide something (independant link ideally) showing anyone from Labour saying what will be provided by increasing the taxes on the 1%. This of course would be essential to realise if you have a point?
I misread his comment at first too, I think he meant ‘based on figures I can’t see that there are enough uk billionaires to fund Labours plans’.
