I do think that Farage is unfit to govern, not only because of his policies but also because of the donations and lack of accountability. The JCB donation is just the latest after the Crypto currency issue and the non-payment of tax by Richard Tice. It is baffling how Angela Raynor was force to step down by what was effectively an administrative error by her agent whereas Reform seem to consistently get away with financial matters that are totally inappropriate.
I do find it worrying that none of the donations have led to charges of serious misconduct nor been sanction of the committee of parliamentary privileges. There have been no police investigations and no candidate from Reform has ever been asked to step down where rules have been broken.
Definitely unfairly hounded out of office by the press for an administrative error by her agent. What were the press thinking?
Funny how some fast practices should be overlooked when they are committed by a government minister of a certain party but other individuals should be held accountable.
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As Shadow Minister, Angela Rayner strongly criticized tax avoidance, stating that the "public are furious with those who get away with tax avoidance while they pay".
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Key Aspects of the Case:
- The Allegation:Critics, including the Conservative party, alleged Rayner used "hypocritical tax avoidance" by manipulating property deeds to avoid higher stamp duty rates on a second home.
- The Admission: Rayner admitted she underpaid the stamp duty, stating she was "badly advised" by legal and trust experts who initially indicated she did not owe the higher rate.
- The Property Transfer: Reports suggest she transferred her stake in her former Ashton-under-Lyne home to a trust to benefit her disabled son, aiming to protect the asset, which changed her legal status regarding property ownership.
- The Legal Advice: While Rayner claimed to have received advice from a conveyancing firm and trust lawyers, the specific firm, Verrico & Associates, stated they did not provide the tax advice in question
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How to dodge a chargeable lifetime transfer
Next up, the Ashton-under-Lyne family home. A portion of this was transferred into a trust set up for her son who, sadly, has lifelong disabilities.
Now, when you move assets into a trust, HMRC calls it a Chargeable Lifetime Transfer (CLT). If the value exceeds your nil-rate band (£325,000 per person or £650,000 per couple), you could face an immediate 20% IHT bill on the excess.
But guess what? The house just so happened to be valued at exactly £650,000. Handy, that. In fact, I’m surprised this hasn’t been investigated further as valuations are rarely so tidy. A few thousand either way is the norm.
But to land bang on the joint nil-rate band for IHT? That’s the sort of coincidence that makes Yorkshire folk mutter, “Aye, right.”
No tax bill today, and the trust got the asset neat as you like.
Whose Money Was It Anyway?
Of course, the trust itself was funded by her son’s NHS compensation award. In other words, public money. That trust then paid Angela £162,500 for her share of the house, which she used as a deposit on her new Hove flat.
Stamp Duty Land Tax — The £40,000 “Oops”
Finally, the Hove flat. £800,000 of seaside living. Rayner paid £30,000 in Stamp Duty — the standard rate — and thought she was done.
Except she wasn’t. HMRC says if your children’s trust owns property, you’re still treated as owning it too. Which meant she should have paid the 3% surcharge for additional properties, bringing the bill closer to £70,000.
Result? A £40,000 underpayment — which she’s now admitted and promised to repay. Consider it the most expensive “oops” note in recent political history. Although, in her defence, it was her financial advisers or her legal advisers fault…or maybe Boris Johnson or Donald Trump….anyone but Angela basically.
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Not only did she claim bad legal advise on Stamp Duty but also the initial valuation of £487,500 of her former home was an error. The new valuation allowed her to get a bigger chunk from her son's trust.
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Based on reports from September 2025, Angela Rayner has faced scrutiny regarding the valuation of her former Ashton-under-Lyne home, which was increased to £650,000 in April 2024 before she sold her stake to a trust for her son.
Details Regarding the Valuation:
- Significant Increase: According to The Telegraph, the valuation was increased from £487,500 to £650,000 in April 2024 by her lawyers, a 25% hike.
- Higher than Local Sales: The £650,000 valuation was noted to be considerably higher than other property sales on the same street, with analyses suggesting it was almost twice the price of neighbouring houses and significantly above average local sales, which were below £561,000.
- "Administrative Error" Claim: Lawyers from Swiitch, part of Shoosmiths, who managed the trust for her son, claimed the original valuation was an "error" and the new, higher value was accurate.
- Sale to Trust: In January 2025, Ms. Rayner sold a 25% share of the property to the trust for £162,500, a figure based on the £650,000 valuation.
- Use of Funds: She used the funds from this sale to pay a deposit on a new £800,000 flat in Hove.
Quite obviously an honest mistake from "Straight up Angela", an administrative error, should never have come to the public's attention. Move on, nothing to see here.