Is Jeremy Corbyn fiddling his taxes?

[Anna B 1,417]

I hadn't thought of that - perhaps you are right. It would appear he may be a liar and possibly a cheat.

 

Maybe he's donated all his disposable income to charity. Who knows?

 

This is just another cack- handed attempt to smear Corbyn with no basis in fact whatsoever.

 

Corbyn may have his faults but deliberate dishonesty isn't one of them. This is a man who claimed less in expenses than any other MP.

I suggest people turn their attention to any number of MPs and cabinet members if they really want to find out who's fidling the system.

[Obelix 11]

Maybe he's donated all his disposable income to charity. Who knows?

 

This is just another cack- handed attempt to smear Corbyn with no basis in fact whatsoever.

 

Corbyn may have his faults but deliberate dishonesty isn't one of them. This is a man who claimed less in expenses than any other MP.

I suggest people turn their attention to any number of MPs and cabinet members if they really want to find out who's fidling the system.

 

Actually Anna, we have the basis in fact - it's his tax return! And missing things off a tax return is dishonest and the very thing that everyones slating the Conservatives for.

 

We are looking at the MP's - just that the one we are looking at currently is your revered Saint Corbyn.

[foxy lady 10]

Maybe he's donated all his disposable income to charity. Who knows?

 

 

Well we should know.

Corbyn's the one who started jumping up and down saying that politicians should make their tax returns public. So far the only tax return that seems to have issues is Corbyn's. All of a sudden he seems to want to keep it quiet. Why's that?

 

"Jeremy Corbyn failed to declare a third pension on his HMRC tax form, it has emerged, as he refused to disclose documents regarding his full tax declaration last night.

Following the Labour leader's admission that he neglected to include his state pension or previous local government pension on his tax return, a spokesman for Mr Corbyn said yesterday that a third pension was also missed off the official document"

 

And it was submitted late.

Edited April 28, 2016 by foxy lady

[Cyclone 10]

Well you could, but then eating and buying new cycle clips becomes difficult. It's not the sort of thing that 68 year olds do. Not when their pension already propels them into the higher tax bracket on its own.

Anyhow in this era of transparent tax affair he should be telling us everything not simply forgetting to add them to his tax returns.

 

Perhaps he lived off the rest of his income that you were talking about, his pensions and interest. (Unlikely though I think).

 

---------- Post added 28-04-2016 at 11:50 ----------

 

Maybe he's donated all his disposable income to charity. Who knows?

 

This is just another cack- handed attempt to smear Corbyn with no basis in fact whatsoever.

 

Corbyn may have his faults but deliberate dishonesty isn't one of them. This is a man who claimed less in expenses than any other MP.

I suggest people turn their attention to any number of MPs and cabinet members if they really want to find out who's fidling the system.

 

No basis in fact, except for the fact that he's submitted his tax return with a whole bunch of stuff missing. That appears to be a fact, no?

[nightrider 13]

I find it difficult to imagine anyone who earns £125,000 a year as a politician, plus a pension or two, plus earnings from speaches etc..who has never been out of work, and who doesn't own a car does not have any savings. It doesn't compute unless you are addicted to drugs, alcohol or gambling. Where's the cash going?

 

The thing about savings is they are taxed at source at 20%. If you fail to add them to your tax return because they are taxed at source, the tax man doesn't pick them up when taxing you at the higher rate your £100K plus demands. The same applies to pensions that you receive tax paid. It can be a nice little earner.

 

He has only earned £125,000 since becoming leader of the opposition. Mind you the standard MP salary is still very high (around £65k?), so am surprised he has not managed to save any money with that over the years.

[sutty27 10]

He has only earned £125,000 since becoming leader of the opposition. Mind you the standard MP salary is still very high (around £65k?), so am surprised he has not managed to save any money with that over the years.

 

Mr Corbyn does not appear to earn any taxable interest on savings or fund investments. This means he either holds no savings at all – an inadvisable move – or has all of rainy day money wrapped up in Isas, which would be more sensible. Isas do not appear on tax returns.

 

http://www.telegraph.co.uk/money/special-reports/im-66-earn-70000-a-year-but-im-not-sure-when-ill-retire-our-mone/

 

Third option, he keeps it under his mattress or spent it on loose women/men or maybe a bit of both.

 

Edit

 

Just found this.

 

Jeremy Corbyn's spokesman confirms he has NO savings - hence no savings income on his tax return.

 

Loose women/men it is then.

Edited April 28, 2016 by sutty27

[foxy lady 10]

He has only earned £125,000 since becoming leader of the opposition. Mind you the standard MP salary is still very high (around £65k?), so am surprised he has not managed to save any money with that over the years.

 

Well that and 3 pensions that he was drawing and not putting on his tax return. It now transpires that someone who has been an MP for 38 years has been submitting his returns on the wrong forms. He hasn't used the MP's tax return where expenses are included.

It is odd that the tax man never spotted this and said "One of our MPs is missing".

[Anna B 1,417]

Well that and 3 pensions that he was drawing and not putting on his tax return. It now transpires that someone who has been an MP for 38 years has been submitting his returns on the wrong forms. He hasn't used the MP's tax return where expenses are included.

It is odd that the tax man never spotted this and said "One of our MPs is missing".

 

So, he's a bit of a numpty.

Not necessarily the best advert for a potential future leader of the country, (par for the course,) but not a criminal.

[foxy lady 10]

So, he's a bit of a numpty.

Not necessarily the best advert for a potential future leader of the country, (par for the course,) but not a criminal.

 

But being a numpty doesn't rule out him fiddling his taxes as well.

 

---------- Post added 30-04-2016 at 16:09 ----------

 

Mr Corbyn does not appear to earn any taxable interest on savings or fund investments. This means he either holds no savings at all – an inadvisable move – or has all of rainy day money wrapped up in Isas, which would be more sensible. Isas do not appear on tax returns.

 

http://www.telegraph.co.uk/money/special-reports/im-66-earn-70000-a-year-but-im-not-sure-when-ill-retire-our-mone/

 

Third option, he keeps it under his mattress or spent it on loose women/men or maybe a bit of both.

 

Edit

 

Just found this.

 

Jeremy Corbyn's spokesman confirms he has NO savings - hence no savings income on his tax return.

 

Loose women/men it is then.

 

But to buy an ISA you need to have money to pay for it. Hence savings

It is also very strange that someone with no mortgage, no car, who has index linked pensions and has been on high rate tax salaries for 4 decades could have no savings. It would require colossal spending. Clearly he doesn't spend it on cars. He certainly doesn't spend it on clothes.

So in this new transparent world what does he do with it?

[Zinger549 233]

Why are you so bothered about Corbyn and his taxes. I bet there are quite a few MPs who "accidentally" miss things off their tax return.

[foxy lady 10]

Why are you so bothered about Corbyn and his taxes. I bet there are quite a few MPs who "accidentally" miss things off their tax return.

 

But as it was Corbyn that was pointing the finger at others and insisting that they make their tax affairs public, he should at least have his own affairs in order.

 

http://www.huffingtonpost.co.uk/entry/jeremy-corbyn-suggests-all-mps-and-political-journalists-publish-their-tax-returns_uk_570a1470e4b0fa55639d324b

 

Jeremy Corbyn has said he is in favour of all MPs being forced to publish their tax returns.

 

The Labour leader also said on Sunday morning the rule should be extended to include political journalists.

 

Corbyn told the BBC’s Andrew Marr programme this would allow voters to see what “what influences” there were on people in public life.

 

So far it seem Corbyn is the only one who has been fined for not submitting his returns on time. He also seems to have missed rather a lot of taxable income from his return when he did put it forward. And not declaring income is pretty much the same as fiddling your taxes.

 

Glass Houses etc.

Edited May 1, 2016 by foxy lady

[milquetoast1 10]

But as it was Corbyn that was pointing the finger at others and insisting that they make their tax affairs public, he should at least have his own affairs in order. So far it seem Corbyn is the only one who has been fined for not submitting his returns on time. He also seems to have missed rather a lot of taxable income from his return when he did put it forward. And not declaring income is pretty much the same as fiddling your taxes.

 

Glass Houses etc.

 

What's more concerning is that such a high earning individual can have NO savings. Doesn't fill you with confidence that he can be part of a Government that can responsibly manage the country's finances, when it seems that he can't manage his own.