Corbyn’s stunt backfires

Labour leader Jeremy Corbyn pulled the same stunt that Andrew Little pulled and released his tax returns.

Then the stunt backfired.

Jeremy Corbyn is facing questions after failing to include thousands of pounds of income from his state pension on his tax return.

Mr Corbyn, who turned 65 in May 2014, received a state pension of around £6,000 a year but did not include details of the income on the hand-written return he published on Monday.

He also failed to declare on the form income from a pension from his time in local Government, although Labour insisted it had been taxed at source.

Labour yesterday said that all tax due on his pensions had been paid and insisted that details of his income from his retirement funds had been included on a separate sheet.

However accountants described the omission as “sloppy” and said that even if he has paid all tax his failure to declare the income amounted to a technical offence.

It comes after Mr Corbyn appeared to delay publishing his return earlier this week and was then forced to admit he was fined £100 for filing the document late.

The revelation is embarrassing for Mr Corbyn as it comes after he demanded greater transparency from the Prime Minister and the Chancellor.

Danny Cox, of financial services firm Hargreaves Lansdown: “You are duty bound to declare all of your tax affairs on your tax return. It is certainly pretty sloppy not to have declared money on your tax return.”

Dopey is as dopey does.

But the left are into this big time. But they have ignored all their previous clamouring for privacy and questions about spying and meta-data etc, but now they are all about transparency and openness.

Well which is it? Transparency or Privacy?

One thing that has been bugging me about Andrew Little’s stunt is that he has been earning over $100,000 per annum of the last 7 years, presumably longer, but he has been in parliament for more than 5 years now and earned over $800,000 in that time. However his pecuniary interests declaration shows no investments whatsoever.

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Furthermore his declaration still shows a mortgage to ANZ Bank. The only real investment he has is a Kiwisaver account and a super scheme with AXA.

None of that accounts for where his massive salary has gone to. I can tell you that if I earned more than $800k for the past 5 years I’d have something to show for it.

Considering he bought his house for $521,000 in 2005 you’d think he’d have paid it off in that time with that much coin coming in. He’s owned the house for 11 years, earning more than $100k p.a. in all that time, at a minimum more than $1 million in salary, and he still has a mortgage?

What on earth does Andrew Little spend his money on?

This is the problem with grandstanding and releasing private information…it often leads to more questions than one might want.

 

-The Telegraph

 


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As much at home writing editorials as being the subject of them, Cam has won awards, including the Canon Media Award for his work on the Len Brown/Bevan Chuang story. When he’s not creating the news, he tends to be in it, with protagonists using the courts, media and social media to deliver financial as well as death threats.

They say that news is something that someone, somewhere, wants kept quiet. Cam Slater doesn’t do quiet and, as a result, he is a polarising, controversial but highly effective journalist who takes no prisoners.

He is fearless in his pursuit of a story.

Love him or loathe him, you can’t ignore him.

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