The tweet was deleted by the author.
But we saved everything 🙂.
Dan Neidle reports that Angela Rayner has paid an additional £40,000 in stamp duty, according to The Guardian. HMRC determined she was not 'careless,' so no penalty was applied.
Neidle questions HMRC's decision based on the public facts of the case and suggests it is difficult to understand the outcome.
Neidle has previously highlighted tax issues affecting major corporations. He noted that BP's profits from oil trading are exempt from the windfall tax, which only applies to North Sea extraction. In an earlier report, Neidle stated that the UK's top marginal tax rate on dividends ranks among the highest worldwide.