Tony Blair's company paid just £315k in tax on income of more than £12m
13 replies, posted
[QUOTE]When you have already spent half a million pounds on rent, £300,000 on furniture and £2.3m paying your staff, an extra £8m on unexplained “administrative expenses” might seem to be stretching credulity, but that is what Tony Blair has told Her Majesty's Revenue and Customs, which as a consequence has received a rather smaller cheque from the former Prime Minister than it might have expected.
Records sent to Companies House reveal a substantial leap in Tony Blair's income in the year ending March 2011, but such a rise has not been passed on to the taxman. One of his many companies and partnerships, Windrush Ventures, declared a turnover of £12m, up from £8.5m the year before. But Mr Blair's accounts claim that just over £1m of this is profit, the rest written off as "administrative expenses", with no further explanation given for some £7.74m of the total. With the corporate tax rate at 28 per cent, this left Mr Blair with a tax liability of only £315,000.[/QUOTE]
Source: [url]http://www.independent.co.uk/news/uk/politics/blairs-company-paid-just-315000-tax-on-income-of-more-than-12m-6287001.html[/url]
Isn't it lovely how people struggling to keep up with rent and bills get harassed and threatened with court action if they get a bit late with tax yet cunts like this who are obviously stealing a whole lot of money will get away with it.
[QUOTE=JaffaCakez;43557980]Isn't it lovely how people struggling to keep up with rent and bills get harassed and threatened with court action if they get a bit late with tax yet cunts like this who are obviously stealing a whole lot of money will get away with it.[/QUOTE]
Isn't that always the way of the world? the part where he who has the gold dictates how the rules are made?
Call me idealistic, but I wish that everybody like B.Liar all simultaneously dropped dead at once, nothing of value would be fucking lost.
[quote]the rest written off as "administrative expenses", with no further explanation given for some £7.74m of the total.[/quote]
you guys should call up the IRS, they'll get him. they always get their target...
Yet a person on 120k, would be paying a lot more than 3,150..
Let's play a new game! Let's see how fast this gets swept under the rug!
[quote]Paul Flynn MP, an outspoken critic of Mr Blair, said: "He's doing no worse than what was expected of him.
"He's a shallow politician who manipulated his party and his country for his own ends."[/quote]
amen
[editline]16th January 2014[/editline]
[QUOTE=Stopper;43558224]Let's play a new game! Let's see how fast this gets swept under the rug![/QUOTE]
Indeed just like all avoidance of tax it will just be forgotten or written off.
[quote]
Monday 09 January 2012
[/quote]
Its just a bit old...
Curious if the article is trending or something - or the person that left a comment on it a few minutes ago could be from FP.
Did the company do anything illegal or did they use legal loop holes? If illegal then he should pay the consequences, if legal blame the parliament, not the company.
At least he paid tax unlike some companies who try to get out of paying anything at all.
[QUOTE=sgman91;43559452]Did the company do anything illegal or did they use legal loop holes? If illegal then he should pay the consequences, if legal blame the parliament, not the company.[/QUOTE]
IMO as a politician, he's supposed to be upholding the standards of the community, so he's guilty as shit in both cases.
fucking ridiculous.
Sorry, you need to Log In to post a reply to this thread.
