| Another £330 million per annum slips out of the Coffers. on 14:39 - Sep 8 with 4443 views | tivo |
What a patriot he is... |  | |  |
| Another £330 million per annum slips out of the Coffers. on 14:43 - Sep 8 with 4381 views | J2BLUE |
Why should he enjoy the benefits that come with a British passport if he's not going to pay his taxes?
I know we cannot leave someone stateless but can we not change the law and then not allow him back into the country until he pays his bill? Or allow him to fly in but the second he leaves the airport he is held until his bill has been paid?
Absolutely disgusting. These people should be embarrassed by their level of greed but we will have people on 25k a year defending them. |  | | |
| Another £330 million per annum slips out of the Coffers. on 15:11 - Sep 8 with 4236 views | Zx1988 |
When Greek policy allows him to pay a flat tax of £86k on foreign earnings, we'd never be able to compete with them in a month of Sundays.
This doesn't seem to be the indictment of UK taxation policy that the anti-Starmer/Burnham lot seem to think that it is. | |
| Not a prophet, or a stone-age man; just a mortal with potential of a superman. | | Poll: | Worst Ginger? |
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| Another £330 million per annum slips out of the Coffers. on 15:14 - Sep 8 with 4209 views | DJR |
| Another £330 million per annum slips out of the Coffers. on 15:11 - Sep 8 by Zx1988 |
When Greek policy allows him to pay a flat tax of £86k on foreign earnings, we'd never be able to compete with them in a month of Sundays.
This doesn't seem to be the indictment of UK taxation policy that the anti-Starmer/Burnham lot seem to think that it is. |
According to Wikipedia, he is of Greek descent, so maybe that has played a part in his decision. |  | | |
| Another £330 million per annum slips out of the Coffers. on 15:17 - Sep 8 with 4184 views | SuperKieranMcKenna |
| Another £330 million per annum slips out of the Coffers. on 14:43 - Sep 8 by J2BLUE |
Why should he enjoy the benefits that come with a British passport if he's not going to pay his taxes?
I know we cannot leave someone stateless but can we not change the law and then not allow him back into the country until he pays his bill? Or allow him to fly in but the second he leaves the airport he is held until his bill has been paid?
Absolutely disgusting. These people should be embarrassed by their level of greed but we will have people on 25k a year defending them. |
Not sure if you’ve misunderstood here - I don’t think he actually owes anything. He paid £330m in the UK last year - the £330m ‘slips out the door’ is just because he’s no longer resident and therefore the UK won’t get another £330m next year. | | | |
| Another £330 million per annum slips out of the Coffers. on 15:30 - Sep 8 with 4107 views | J2BLUE |
| Another £330 million per annum slips out of the Coffers. on 15:17 - Sep 8 by SuperKieranMcKenna |
Not sure if you’ve misunderstood here - I don’t think he actually owes anything. He paid £330m in the UK last year - the £330m ‘slips out the door’ is just because he’s no longer resident and therefore the UK won’t get another £330m next year. |
Yes, I understand that. I am saying why should he be allowed to have all the benefits of a British passport when the country is in a difficult time if he's unwilling to pay his share? Especially if he plans to be here just under the threshold each year and use public services etc.
If he is moving to avoid tax he is scum. A level of wealth beyond anything he will ever need. Enough to set his descendants up forever if he wants to. I just find it sickening. A level of greed that should embarrass anyone enough not to do it. | | | |
| Another £330 million per annum slips out of the Coffers. on 15:37 - Sep 8 with 4057 views | squiz |
The expert in that article even says there is no good data on wealthy people leaving. Yet it feels like these articles are written to provoke a sense of national decline.
We never get the reverse of these stories, when super wealthy people move to the UK.
I suppose the news should just be a dispassionate list of all the events that have occurred the world over during the day. That would be good. Except of course, it would take forever!” |  | | |
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| Another £330 million per annum slips out of the Coffers. on 15:41 - Sep 8 with 4015 views | BlueBadger |
| Another £330 million per annum slips out of the Coffers. on 15:30 - Sep 8 by J2BLUE |
Yes, I understand that. I am saying why should he be allowed to have all the benefits of a British passport when the country is in a difficult time if he's unwilling to pay his share? Especially if he plans to be here just under the threshold each year and use public services etc.
If he is moving to avoid tax he is scum. A level of wealth beyond anything he will ever need. Enough to set his descendants up forever if he wants to. I just find it sickening. A level of greed that should embarrass anyone enough not to do it. |
Personally I think if you hit the billion mark you should just get a plaque to put on your house that says ''Capitalism? Completed it mate' and then be taxed 100% of your wealth beyond that.
Nobody NEEDS to be a billionaire. [Post edited 8 Sep 15:49]
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| Another £330 million per annum slips out of the Coffers. on 15:42 - Sep 8 with 4015 views | SuperKieranMcKenna |
| Another £330 million per annum slips out of the Coffers. on 15:30 - Sep 8 by J2BLUE |
Yes, I understand that. I am saying why should he be allowed to have all the benefits of a British passport when the country is in a difficult time if he's unwilling to pay his share? Especially if he plans to be here just under the threshold each year and use public services etc.
If he is moving to avoid tax he is scum. A level of wealth beyond anything he will ever need. Enough to set his descendants up forever if he wants to. I just find it sickening. A level of greed that should embarrass anyone enough not to do it. |
Yes I understand it is 100% motivated by greed, however it’s still not reasonable to double tax somebody. Effectively it would make you a prisoner in the UK, I was looking at going to work in Switzerland, if I had to pay tax to both domiciles it wouldn’t be viable. Also, again not specific to this guy but you aren’t really using public services if you aren’t domiciled in a place.
In my opinion the ire should be directed at places that offer these golden visas a leading a race to the bottom. | | | |
| Another £330 million per annum slips out of the Coffers. on 15:46 - Sep 8 with 3979 views | SuperKieranMcKenna |
| Another £330 million per annum slips out of the Coffers. on 15:37 - Sep 8 by squiz |
The expert in that article even says there is no good data on wealthy people leaving. Yet it feels like these articles are written to provoke a sense of national decline.
We never get the reverse of these stories, when super wealthy people move to the UK.
I suppose the news should just be a dispassionate list of all the events that have occurred the world over during the day. That would be good. Except of course, it would take forever!” |
Nice Peep Show quote.
Well we did welcome a lot of the Russian oligarchs over here to wash their money in the London property market. Not sure how much we benefited from that…other than out poloticians getting to play tennis. | | | |
| Another £330 million per annum slips out of the Coffers. on 15:53 - Sep 8 with 3925 views | DJR |
| Another £330 million per annum slips out of the Coffers. on 15:37 - Sep 8 by squiz |
The expert in that article even says there is no good data on wealthy people leaving. Yet it feels like these articles are written to provoke a sense of national decline.
We never get the reverse of these stories, when super wealthy people move to the UK.
I suppose the news should just be a dispassionate list of all the events that have occurred the world over during the day. That would be good. Except of course, it would take forever!” |
There was an American AI company owner on the Today Programme today who was moving the headquarters to London.
He spoke about how attractive the Kings Cross area is when it comes to AI, and said it was second only to Silicon Valley.
But he was on at about 6.20 am, so probably not many would have picked up on this. | | | |
| Another £330 million per annum slips out of the Coffers. on 15:54 - Sep 8 with 3903 views | homer_123 |
| Another £330 million per annum slips out of the Coffers. on 15:30 - Sep 8 by J2BLUE |
Yes, I understand that. I am saying why should he be allowed to have all the benefits of a British passport when the country is in a difficult time if he's unwilling to pay his share? Especially if he plans to be here just under the threshold each year and use public services etc.
If he is moving to avoid tax he is scum. A level of wealth beyond anything he will ever need. Enough to set his descendants up forever if he wants to. I just find it sickening. A level of greed that should embarrass anyone enough not to do it. |
Is he moving to avoid tax? If he's been paying his fair share all this time, then maybe it's something other than that?
He's of Greek descent. |  |
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| Another £330 million per annum slips out of the Coffers. on 15:56 - Sep 8 with 3885 views | WeWereZombies |
| Another £330 million per annum slips out of the Coffers. on 15:46 - Sep 8 by SuperKieranMcKenna |
Nice Peep Show quote.
Well we did welcome a lot of the Russian oligarchs over here to wash their money in the London property market. Not sure how much we benefited from that…other than out poloticians getting to play tennis. |
But did their tennisical advisers get to play polo ? |  |
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| Another £330 million per annum slips out of the Coffers. on 16:07 - Sep 8 with 3811 views | DJR |
Interestingly, when it comes to the non-doms tax changes, there was a lot of speculation that Lakshmi Mittal had left the country when he hadn't.
Well, it eventually happened, and this is how Private Eye reported it.
"Precious Mittal
"Billionaire Lakshmi Mittal quits the UK amid tax raid on super-rich," screamed the Mail headline. The reason for his flit is the ending of "non-dom" tax status and thus inheritance tax breaks on overseas wealth.
But is this such a great loss? Mittal, 75, established a handful of relatively small UK operations while he was here, making the real money on steel operations abroad. The UK, exempting income kept out of the country, enabled him and other non-doms to low tax rates worldwide, while the benefit from his spending such as on super-prime London property, though doubtless high, appears a small return for such a distortion in the tax system.
Oddly, among the papers most vocal on the Mittal's ditching of the UK when it wanted something in return were those with former non-dom proprietors, the Mail and Independent (prop. Evgeny Lebedev)." | | | |
| Another £330 million per annum slips out of the Coffers. on 16:37 - Sep 8 with 3671 views | MattinLondon |
| Another £330 million per annum slips out of the Coffers. on 16:07 - Sep 8 by DJR |
Interestingly, when it comes to the non-doms tax changes, there was a lot of speculation that Lakshmi Mittal had left the country when he hadn't.
Well, it eventually happened, and this is how Private Eye reported it.
"Precious Mittal
"Billionaire Lakshmi Mittal quits the UK amid tax raid on super-rich," screamed the Mail headline. The reason for his flit is the ending of "non-dom" tax status and thus inheritance tax breaks on overseas wealth.
But is this such a great loss? Mittal, 75, established a handful of relatively small UK operations while he was here, making the real money on steel operations abroad. The UK, exempting income kept out of the country, enabled him and other non-doms to low tax rates worldwide, while the benefit from his spending such as on super-prime London property, though doubtless high, appears a small return for such a distortion in the tax system.
Oddly, among the papers most vocal on the Mittal's ditching of the UK when it wanted something in return were those with former non-dom proprietors, the Mail and Independent (prop. Evgeny Lebedev)." |
I find it both equally funny and tragic that the papers who appear to be supportive of why the super rich leave the country, tend to be the ones who criticise people for not paying their way, and for expecting hand-outs from the state. |  | | |
| Another £330 million per annum slips out of the Coffers. on 16:38 - Sep 8 with 3665 views | J2BLUE |
| Another £330 million per annum slips out of the Coffers. on 15:42 - Sep 8 by SuperKieranMcKenna |
Yes I understand it is 100% motivated by greed, however it’s still not reasonable to double tax somebody. Effectively it would make you a prisoner in the UK, I was looking at going to work in Switzerland, if I had to pay tax to both domiciles it wouldn’t be viable. Also, again not specific to this guy but you aren’t really using public services if you aren’t domiciled in a place.
In my opinion the ire should be directed at places that offer these golden visas a leading a race to the bottom. |
I think we could find some area between a job in Switzerland and moving to avoid hundreds of millions in tax if we look carefully enough. | | | |
| Another £330 million per annum slips out of the Coffers. on 16:41 - Sep 8 with 3645 views | Billywitch |
| Another £330 million per annum slips out of the Coffers. on 14:43 - Sep 8 by J2BLUE |
Why should he enjoy the benefits that come with a British passport if he's not going to pay his taxes?
I know we cannot leave someone stateless but can we not change the law and then not allow him back into the country until he pays his bill? Or allow him to fly in but the second he leaves the airport he is held until his bill has been paid?
Absolutely disgusting. These people should be embarrassed by their level of greed but we will have people on 25k a year defending them. |
Correct me if I'm wrong, but he HAS been paying a substantial amount of tax for years. Everyone has their breaking point, why is he wrong for now deciding his time is done here? | | | |
| Another £330 million per annum slips out of the Coffers. on 16:45 - Sep 8 with 3625 views | barcelonablue2 |
Amazing that those who get the most out of governing systems are the least willing to stand by them.
If you have a system of government, law and society which is willing to recognise you have a wealth of over a billion but aren't willing to pay towards keeping that said society going then for all his Oxford education he really is a myopic dip****.
As I'm sure he has told many and been told many times. You are owed nothing, I will laugh when he or his descendants screams murder when that crow comes home to roost and that is all they own*.
*spelling edit [Post edited 8 Sep 16:47]
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| At least it's not per week. on 16:48 - Sep 8 with 3592 views | eirannach_gorm |
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| Another £330 million per annum slips out of the Coffers. on 16:57 - Sep 8 with 3536 views | bsw72 |
| Another £330 million per annum slips out of the Coffers. on 15:53 - Sep 8 by DJR |
There was an American AI company owner on the Today Programme today who was moving the headquarters to London.
He spoke about how attractive the Kings Cross area is when it comes to AI, and said it was second only to Silicon Valley.
But he was on at about 6.20 am, so probably not many would have picked up on this. |
You mean Amjad Masad, CEO of Replit. I didn’t listen to the interview but based on what I know Replit are not moving their HQ to London but London office which opened today will be their first international office and Euro hub. |  | | |
| Another £330 million per annum slips out of the Coffers. on 17:03 - Sep 8 with 3501 views | DJR |
| Another £330 million per annum slips out of the Coffers. on 16:57 - Sep 8 by bsw72 |
You mean Amjad Masad, CEO of Replit. I didn’t listen to the interview but based on what I know Replit are not moving their HQ to London but London office which opened today will be their first international office and Euro hub. |
Yes, that's who it must be. I was probably dozing in part at the time, so must not have picked up on this difference but I suppose it still goes to show that businesses or people can move in or out of the UK. [Post edited 8 Sep 17:04]
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| Another £330 million per annum slips out of the Coffers. on 17:16 - Sep 8 with 3418 views | mellowblue |
| Another £330 million per annum slips out of the Coffers. on 15:46 - Sep 8 by SuperKieranMcKenna |
Nice Peep Show quote.
Well we did welcome a lot of the Russian oligarchs over here to wash their money in the London property market. Not sure how much we benefited from that…other than out poloticians getting to play tennis. |
Chelsea fans might disagree. | | | |
| Another £330 million per annum slips out of the Coffers. on 17:22 - Sep 8 with 3398 views | redrickstuhaart |
| Another £330 million per annum slips out of the Coffers. on 15:42 - Sep 8 by SuperKieranMcKenna |
Yes I understand it is 100% motivated by greed, however it’s still not reasonable to double tax somebody. Effectively it would make you a prisoner in the UK, I was looking at going to work in Switzerland, if I had to pay tax to both domiciles it wouldn’t be viable. Also, again not specific to this guy but you aren’t really using public services if you aren’t domiciled in a place.
In my opinion the ire should be directed at places that offer these golden visas a leading a race to the bottom. |
Doesn't trap you at all if you have that sort of income. | |
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