(2014) New Labour’s Tax Evasion -AGAIN

 

Miliband and Harman in front of hammber and sickle

Yet again the “party of the worker” doesn’t practice what it preaches. But then, what else should we expect from parasites? Here is New Labour’s last tax evasion: http://eotp.org/tag/tax-evasion/

A property company run by the Labour Party has paid no tax in eight years, despite earning millions of pounds in rental revenues, the Daily Telegraph can reveal.

Labour Party Properties Limited (LPPL), which owns a £6.3m portfolio of properties, has paid no corporation tax since 2003.
In those eight years the company has received a total of £8.7m in rents but declared losses of £279,000.
A Labour Party spokesman said the firm had done nothing to intentionally cut its tax bill.
Ed Miliband has repeatedly accused multi-national companies such as Starbucks and Google of failing to pay their full share of tax.
The latest accounts show LPPL, which is wholly owned by the Labour Party and whose directors include Iain McNicol, the Labour Party general secretary, received £1,189,000 in rent from 21 properties in 2011. Around forty per cent of the portfolio, worth £2.5m, is rented on the open market, while the other buildings are leased to local parties as offices and social clubs.

Read on:  http://www.telegraph.co.uk/news/politics/labour/10260728/Labours-property-firm-paid-no-tax-for-eight-years.html

(2013) New Labour Party: GUILTY OF TAX EVASION

Ed Miliband

Watch the videos:  http://www.telegraph.co.uk/news/politics/10102190/Donor-John-Millss-gift-to-Labour-avoided-tax-bill-of-1.5m.html

Tax evasion is a crime that if committed by me or you would result in imprisonment for several years. But there are two laws in the country: one law for us –the mere mortals, the innocent funding our enemies– and one for them –the “elite”, the Enemies of the People, those who live in luxury due to the exploitation of the People. In light of this reality, why give your permission to this criminal, corrupt system by voting for it? It is illegitimate –do not afford it any notion of legitimacy by giving it your vote.   

The Labour Party has helped its biggest financial backer avoid tax worth up to £1.5 million on its largest donation so far this year.

John Mills gave the party shares in his shopping channel company, JML, valued at £1.65 million in January. In an interview with The Telegraph, Mr Mills said that the donation was made in shares rather than cash so the tax on the deal would be significantly reduced.

Describing the donation as “tax efficient”, he said the form of the donation was agreed with figures in Labour’s fund-raising team.

Mr Mills said that if he had given £1.65 million from his own income he would have had to pay nearly half of that sum to the taxman.

Asked why he made the donations in shares, Mr Mills said: “To be honest with you, it is the most tax efficient way of doing this.

“Because, otherwise, you get no tax relief on donations to political parties for understandable reasons.

“If you donate to a political party out of a tax paid income, up until April it was 50 per cent and now it is 45 [per cent].

“That means if it is £100,000, the Labour party gets £55,000 and the Government gets £45,000.”

Labour donor John Mills (JULIAN SIMMONDS)

Mr Mills, a former councillor in Camden, suggested that the idea of donating in shares came following discussions with the Labour Party.

He said: “It emerged … came out of a discussion I had with them about the best way of doing it.

“It is quite a good model [of donating]. Labour has got people who deal with compliance and the legal side of all this. They are very sensitive nowadays.”

Mr Mills’s donation, the biggest from an individual so far this year, is the only gift to a major political party to have been made in shares. Accountants said Mr Mills is likely to have avoided up to £1.5 million in tax on the value of the stock he gave to the party.

The news will embarrass Ed Miliband, the Labour leader, who has repeatedly criticised tax avoidance. He said only last month that it was “wrong” that Google had gone “to extraordinary lengths to avoid paying its taxes”.

(2013) The New Labour Party –helps its donators avoid paying tax/kicks the people in the teeth

Miliband and Harman in front of hammber and sickle

New Labour -the “party of the workers, of the people”? In avoiding paying tax, which everyone (the people) have to pay, then clearly not they are not. Those who still slavishly cling to the misty-eyed notion that this party, this one head of the tri-partite hydra, serve their interests are nothing more than misinformed fools.

The Lib-Lab-Con machine serves the interests of no one but its financial backers and controllers.

Britain’s Labour party has helped one of its financial supporters, avoiding tax worth up to £1.65 million.

The party’s biggest donor, John Mills, admitted the donation was given in the form of shares in January in attempts to reduce the amount of tax he would have to pay.

If he had given £1.65?million from his own income he would have had to pay almost half of that sum to the taxman, Mills told the Daily Telegraph.

This comes as the donation in the form of shares would increase the income to the Labour party and reduce the amount of money given to HM Revenue and Customs (HMRC).

Mills, a former councillor in Camden, said that the idea of donating in shares came following discussions with the Labour, adding that the decision “came out of a discussion” he had with them “about the best way of doing it”.

In a letter to Labour leader Ed Miliband, British Chancellor George Osborne said the move appeared “directly at odds” with Miliband’s previous remarks about tax paid by giant corporations.

ARTICLE: Was Guy Fawkes the Last Honest Man to Pass through Westminster?

Hat tip: http://www.westernspring.co.uk/was-guy-fawkes-the-last-good-man-to-pass-through-westminster/

Imagine a government that would deliberately take millions away from the budget meant to educate its own nation’s children, while at the time use billions to send foreign aid to other nations who don’t need it?

That would be nothing less than treason. You cannot imagine any sane government doing such a thing. Think of, for example, China, or Japan, deliberately depriving its own people of an education while giving money to Korea? It just wouldn’t happen, because the Chinese and the Japanese would—rightly—regard that as nothing less than treason.

Of course, you guessed it: Britain’s House of Treason down by the banks of the old river, has done precisely that—and no-one seems to know or care.

The Tory-Lib-Dem-Labour party—because they are just all the same party—is busy with much-vaunted “budget cuts” to “save the economy” (after they and their big business bank cronies screwed it over in the first place) and one of the first cuts to be announced was in the education arena.

Any parent with university-age going children is well aware that uni fees have now rocketed from a manageable amount just two or three years ago, to an impossible £9,000 per year—and that is just for the tutoring fees, never mind books, resources, living allowances, residence and so on.

Even those students “lucky” enough to get loans, start off their working lives with tens of thousands of pounds of debt—an impossible burden which—even more importantly—makes starting a family next to impossible.

The nuts and bolts of the process are as follows: England’s university budgets were cut by £449 million in 2010, with similar cuts being added each following year. This means that over £1.3 billion has been cut in the last three years, and there is no end yet in sight. By the end of 2014, the total uni education budget cut will be cut by nearly £4 billion.

In practical terms, this means that the universities have had at least 6,000 fewer places each academic year.

In addition, research funding has been frozen and the uni buildings budget cut by 15 percent.

At the same time, the Government has announced that taxpayers will hand over £50.8 billion in foreign aid to the Third World by 2014. This translates to 61 percent of the total “spending review” cuts announced by the Government.

According to a press release issued by the Department for International Development (DFID), the total foreign aid budget will reach the targeted 0.7 percent of Gross National Income (GNI) by 2013.

This would mean a yearly spend of £12.6 billion, the DFID said.

This increased spending, the DFID said, is “in line with the UK’s international commitments to help those living in extreme poverty in our world. Over the course of the Spending Review period, the Department for International Development will increase resource spending by 35 percent in real terms, and increase capital spending by 20 percent in real terms.”

This means that the foreign aid budget was £8.4 billion in 2010, £8.7 billion in 2011, £9.1 billion in 2012, and will be £12.0 billion in 2013, and £12.6 billion in 2014—totalling £50.8 billion by the end of 2014.

So there you have it: cut the education budget by £4 billion, but boost the foreign aid budget by £50 billion.

Who would dare call it treason?  I for one, and I am increasingly becoming convinced that the last honest man to pass through the halls of Westminster was indeed Guy Fawkes.

(2012) Conservative Party Advises Top Donors How to Avoid Tax

Dave might think that Jimmy Carr is morally repugnant but that has not stopped the Tories from advising their wealthy donors on how to avoid tax. The Conservative Foundation, an organisation run by an array of Tory grandees and city types, is offering donors the chance to dodge inheritance tax through a scheme in which they leave a “legacy” to the Tory party. The scheme promises to “reduce or even remove completely” the inheritance tax liability of rich Conservative backers, while its websiteexplains how to take advantage of rules allowing tax-free donations to political parties. Although the scheme appears to have been set up on the quiet it is startlingly open about its intentions:

Cameron was always going to be a hostage to fortune over tax avoidance, now he faces the inevitable dilemma of having to deal with questions about his party’s wealthy financiers. He’s hardly making it easy for himself.

Hat tip:  http://order-order.com/2012/07/02/tories-advised-top-donors-how-to-avoid-tax/

(2012) New Labour Party Advises its Donors on How to Avoid Tax

The Labour Party offers an almost identical scheme to help its supporters dodge inheritance tax as well. Labour’s “Leave a Legacy” programme offers advice on three different methods of leaving money to the party, even going as far as to suggest clever a legalistic wording of donors’ wills in order to minimise tax liability:

Labour have led the way on bashing tax dodgers, with everyone from the shadow cabinet to the backbenches queuing up to stick the boot in. Starting with trigger-happy tweeter Steve McCabe, Guido wonders what they have to say about their own party being directly involved in a tax avoidance scheme. They call that red-handed…

Hat tip:  http://order-order.com/2012/07/03/labour-tell-donors-how-to-dodge-tax-too/

(2012) Liberal Democrat M.P. Danny Alexander -TAX CHEATING

 

Following the Jimmy Carr crash last week Danny Alexander took to our screens to attack tax avoiders. That’s the very same Danny Alexander who conned the Treasury out of over £100,000 by flipping his home back during the expenses scandal. Beaker shamelessly registered the property as his second home when he became an MP in 2005, despite admitting to Revenue and Customs that it was in fact his main residence. The trick allowed him to claim over £37,000 of taxpayers’ money doing up the London pad over the following two years. In 2007 Danny then sold up for £300,000, using a tax loophole to avoid paying the then 40% capital gains tax. His accountant certainly earned his – or should that be our – money. 

Now Alexander is laying into the likes of Carr and Gary Barlow, lambasting tax avoiders as the moral equivalent of benefits cheats. People in flipped houses…

Hat tip:  http://order-order.com/2012/06/25/tax-cheating-danny-alexander/