It is convenient for the Tories to have her in the public stocks
‘It is hard to avoid the impression that there is some snobbery attached to the treatment of Angela Rayner’
You’ll have seen that the Deputy Leader of the Labour Party has been in the headlines a lot in recent weeks, mainly in the newspapers that are less than friendly towards Labour. At issue is whether Ms Rayner paid capital gains tax on the sale of her terraced house in Vicarage Road, Stockport in 2015. She had bought the former council house eight years previously for £79,000 and sold it for £127,500, making a £48,500 profit.
If this was the case, no CGT – estimated at £1,500, and offset in any case against the cost of home improvements – would be payable. But she may have been living primarily with her now ex-husband at the time, in which case the tax was due. Either way,, and, incredibly, to have a dozen or so police officers investigating it, as well as whether Ms Rayner gave false informationAt this point, it may be instructive to understand how the story came to light.
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