The tax returns of Britain's leading politicians, made public following the Panama Papers leak, has revealed the Conservative MP for Uxbridge and South Ruislip Boris Johnson earned almost ten times as much as Labour Leader Jeremy Corbyn. Personal taxation forms of David Cameron, George Osborne, Boris Johnson and Jeremy Corbyn have all been released to the public following a week-long dispute over the Panama leak which revealed the Prime Minister owned offshore shares in a Bahamas-based investment fund set up by...
By Joe Mellor, Deputy Editor David Cameron will be making a statement to Parliament after his tax affairs revealed he may have sold off another huge amount of shares back in 2010. He will be questioned about a new stash of shares worth £72K according to the Mirror. Cameron has already admitted he sold off £31k worth of shares from his stake in his late father’s shady offshore fund. Currently Downing Street are staying tight lipped if there are other...
David Cameron "effectively" inherited half a million pounds without paying a penny in tax, it has been revealed. The PM received £200,000 from his mother after his father's death which will only become liable to inheritance tax of up to 40 per cent if she dies within seven years of handing over the money. The records show two £100,000 payments were made a year after Cameron inherited £300,000 from his father. Had he received the half a million pounds in one lump sum he would...
By Joe Mellor, Deputy Editor This video below, courtesy of the Independent, shows four times the PM has took it upon himself to lay into "immoral" tax avoidance during various speeches. He really gives the impression he hates the terrible people who are involved in these schemes, but as we know now, he used to quite enjoy it. Watch Video Here
By Joe Mellor, Deputy Editor It has emerged that David Cameron will be reported to the Parliamentary Standards commissioner regarding the shares he held in his own late father’s trust, Blairmore. He will face a sleaze inquiry into why he failed to declare his slice of the offshore fund. John Mann, Labour MP said he will refer Cameron to the standards watchdog for keeping £30k of offshore shares a secret when he was in opposition, and was climbing up through...
Jeremy Corby reacted angrily to a reporter shoving a recording device in front of his face outside his home this morning. LBC reporter Charlotte Wright tried to question Corbyn over whether he thinks David Cameron should resign. The PM revealed yesterday that he had a stake in the Panama-incorporated Blairmore fund, which he sold before taking office in Number 10. But the Labour Leader wasn't prepared to add fuel to the debate. After greeting journalists outside his house he reacted angrily when LBC's Wright...
The Guardian, along with its international media partners, can certainly be smug about the orchestration of this week's revelations. The Panama Papers look set to be one of the biggest scoops of the century and have already claimed the scalp of one World leader and implicated several others. But the paper is arguably as culpable as its victims in the shameful world of tax dodging. Political blogger Paul Staines has pointed to an inquiry by Guido Fawkes into the tax...
The full extent of PM David Cameron's dodgy tax dealings are been leaked to the public "in installments", according to Deputy Leader of the Labour Party Tom Watson. Cameron came clean about his tax affairs yesterday after dodging questions for nearly a week. The revelations show: - The PM and his wife bought in to the Panama-incorporated Blairmore fund to the tune of 5,000 units. - The pair sold the stake for an almost three-fold return before Cameron entered No....
Brits will protest outside Downing Street this weekend after similar protests in Iceland toppled Sigmundur Gunnlaugsson. Thousands of people in Iceland protested in front of the parliament building this week calling for the Prime Minister's resignation over the Panama Papers scandal. Demonstrators vented their anger following revelations that Gunnlaugsson once owned – and his wife still owns – an offshore investment company with multimillion-pound claims on Iceland’s failed banks. Protests in Iceland call for prime minister's resignation over #PanamaLeaks allegations https://t.co/39JK7QqNz8 https://t.co/BAfd5xLpfW...
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