Sturgeon dodges new 45% tax rate lol.

Actually we pay a starting rate of 19%. Where do you get those figures from? They are not mentioned in the article. She will be paying the same amount of tax as any other backbench MSP. As for National Insurance she will also be forking out from her salary.

Of course, what you choose to hide in this bullshit is that every penny paid as a dividend is actually taxed in the corporation tax paid by the company issuing the dividend.

It was the case that the instant a company paid a dividend it had to also pay HMRC a sum known as Advance Corporation Tax, whose rate mirrored the basic rate of tax. This was then certified by an ACT certificate exempting the basic rate taxpayer from further tax. Rumour has it ACT was abolished but the requirement for the company to be taxed at the MCT rate on sums paid as dividends has not.

As Sturgeon owns the company it is her money that is being used to pay that corporation tax so it is actually 19% she is paying that way PLUS 8.75 of the money she actually receives.

When Gordon Brown entered number 11 he changed the rate of ACT and limited the tax relief so while basic rate taxpayers were unaffected, a dividend to a 40% or higher tax rate payer required rather more than 40% income tax be paid in total.

I well remember some prize twat writing to both Freelance Informer and Computer Contractor proposing a toast to Gordon for lowering the dividend tax rate to higher taxpayers which both magazines then published my letter pointing out this twat’s error and suggesting he read again the details on the budget document, or get a better accountant, or possibly both.

John Samson commented under my published letter that this did indeed show the importance of reading the small print

Abolish devolution, smash the SNP.

My point was she has set up a Personal Service Company to avoid "paying her fair share"... which is fucking hilarious.  Do you not agree with me that the "Socialist thing to do" would be to take the income via self-employment?

As for Corporation Tax.  She will use every trick in the book to slow the flow of income until she is no longer a MSP.  Then she pay herself, and probably hubby, a minimum wage salary and takes the rest as dividends... then expense the shit out of everything to get the corporation tax right down.

As for IT contractors, they weren't so smug when Rishi (rightly) punished them during Covid haha.

As i’m sure you know, fishy Rishi the greasy dago with the inheritance tax evading wife decided ANY limited company of ANY size whose managing directors took any sort of dividend was barred from any of the furlough reliefs, and as again i’m sure you know, no managing directors were entitled to any help because it was impossible to not work for the company during the pandemic.

Why the fuck do you think no party members wanted him to be PM

If you are as you claim ex HMRC then you know damn well what i’m referring to it’s in your bloody staff bulletin. I have family in the trade too.

There is a treaty between the UK and India which allows Indians, and only Indians, who enjoy non dom status, to choose to declare their inheritance to the Indian tax authorities, and pay inheritance tax to india, or declare it to the UK and pay inheritance tax here.

I’m fully aware of the many dual tax liability offset / waiver schemes. No one who has worked in France Belgium or Italy as i have in the past can not have. Yes i used such to choose to pay the UK taxman and tell the french to fuck off. No truly patriotic brit could choose to act otherwise ….

But unlike those arrangements, the treaty allowing Indians to do this SHOULD have been voided the moment India ceased to apply Inheritance Tax. And the last person who chose to NOT void it despite it being his job to was … fishy rishi.

That wouldn’t be because if he had he wife would have been liable to pay £230million instead of £0, of course not.