Reform, and the death of the Tory Party

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briantrumpet
BBC questioning the source of funds for Farage's Clacton stamp-duty-dodge house.

https://www.bbc.co.uk/news/articles/ce845w70g0yo

Reform UK leader Nigel Farage faces pressure to account for how his partner paid for a £885,000 home after a BBC investigation raised further questions about his previous explanation.

The Clacton MP has denied avoiding more than £44,000 in additional stamp duty on the purchase of the constituency home by putting it in his partner Laure Ferrari's name, saying that she bought it with her own funds.

He suggested that she was able to afford to buy the four-bedroom home, which was bought without a mortgage, because she comes from a wealthy French family.

However, the BBC has examined French property and company records and has been unable to find evidence that Ferrari's parents have the means to give their daughter a significant contribution towards the purchase of the home.

It comes as Farage revealed that he has taken specialist legal advice from a taxation King's Counsel on the purchase despite claiming he wasn't involved.

If the Reform leader was the source of funds used for the home, which he has previously denied, it would be legal for his partner to use them to buy the property in her name and pay the lower rate of stamp duty.

But it would open Farage to charges of hypocrisy and seeking to avoid tax, particularly after he criticised former Labour deputy leader Angela Rayner last week for avoiding stamp duty.
 

Pross

Well-Known Member
BBC questioning the source of funds for Farage's Clacton stamp-duty-dodge house.

https://www.bbc.co.uk/news/articles/ce845w70g0yo

Let's hope it gains traction and helps those who think he is some sort of "man of the people" realise he's just another politician out for himself.
 

Beebo

Guru
£800k in cash. No mortgage.
All purchased by his generous girlfriend’s parents.
He’s got some explaining to do.
 
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CXRAndy

Squire
I can't believe that anyone would think that Farage would be trying to dodge tax. Not a patriot like him.
I applaud anyone who can avoid tax.
:bravo:

Any government are wasteful beyond a joke. What you earn should be yours to the max
 

CXRAndy

Squire
So by that definition you applaud Angela Rayner then.

She evaded tax- illegal

Found to breached ministerial code.

The argument she was stupid and accidentally did it or deliberately did can run and run
 

Psamathe

Veteran
£800k in cash. No mortgage.
All purchased by his generous girlfriend’s parents.
He’s got some explaining to do.
Particularly with BBC's investigation into his explanation relying on his partner's parents wealth - which seems somewhat questionable (sorry, long quote from BBC article)
He suggested that she was able to afford to buy the four-bedroom home, which was bought without a mortgage, because she comes from a wealthy French family.
...
Her father ran a haulage business in Strasbourg, France for many years but the company was liquidated in 2020 and had more liabilities than assets at the time.
...
Her parents, Bertrand and Chantal, live in a flat worth around 350,000 euros (£302,000) in a Strasbourg suburb.
They, and their two daughters, co-own the flat, which was bought in 2006, as well as the haulage company's former business premises. These premises are rented out, with a local estate agent estimating it would generate no more than 8-9,000 euros a month.
...
She has spoken of how, with the help of a bank loan, she previously set up a clothes shop called Urban Flavour but the business failed and she had to turn to waitressing to make ends meet.
...
In recent years, she has been the director of a consultancy, now called Baxter Laois Limited, which is the registered owner of Farage's gin brand.

However, the company's latest accounts show limited activity, with more than £10,000 owed to creditors and just £1,000 in assets.
A petition to wind up the company was filed in August and withdrawn earlier this week.
(from https://www.bbc.co.uk/news/articles/ce845w70g0yo)
 

BoldonLad

Old man on a bike. Not a member of a clique.
Location
South Tyneside
Particularly with BBC's investigation into his explanation relying on his partner's parents wealth - which seems somewhat questionable (sorry, long quote from BBC article)

I reckon the Chantals could make money out of marketing their skills in raising £800k, whilst surrounded by several failed businesses 😂
 
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briantrumpet
I done it again, repeating an earlier post from Brian!

Sorry (again)

It's annoying when you leave a draft, but it's been auto-saved, and you only realise when you do your next post.

I've had to edit a few posts where I've done that. I've not worked out how long the platform gives you to amend without it being marked as having been edited... just a few minutes, I think. Then it get's marked as edited if done later, and then the edit function disappears (unlike on the mothership, where editing remains open indefinitely).
 

classic33

Missen
It's annoying when you leave a draft, but it's been auto-saved, and you only realise when you do your next post.

I've had to edit a few posts where I've done that. I've not worked out how long the platform gives you to amend without it being marked as having been edited... just a few minutes,* I think. Then it get's marked as edited if done later, and then the edit function disappears** (unlike on the mothership, where editing remains open indefinitely***).
*Three minutes, here and there.
** One hour, on here.
*** 365 days, not a minute longer.
 
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