Margaret Thatcher....

[passedit]

This article says it all about  her. Taxes are for poor people.
http://www.dailyrecord.co.uk/news/politics/margaret-thatchers-6million-townhouse-owned-1828724#.UWl8W_wv5xY.twitter



    By Andy Lines

Thatcher's £6million townhouse owned by mystery company with links to tax havens
13 Apr 2013 08:49

EXPERTS say financial trail leads to offshore businesses in British Virgin Islands with links to Liechtenstein and Jersey.
Thatcher's home in Belgravia is owned by a company with links in the tax haven Thatcher's home in Belgravia is owned by a company with links in the tax haven

MARGARET Thatcher's £6million townhouse is owned by a mysterious company with links to three notorious tax havens.

Financial experts said it could have been a scheme which would help her estate avoid millions of pounds in inheritance tax. But because the former prime minister's affairs are shrouded in secrecy, it may be impossible to find out.

The trail leads to offshore businesses in the British Virgin Islands with links to Liechtenstein and Jersey.

The £6million property Thatcher lived in for more than 20 years is owned by Bakeland Property Company, based in the Caribbean territory. Their official address is a PO Box in Liechtenstein and they had their original roots in St Helier, Jersey.

The question marks over her home come as police in London prepare for anarchist demonstrations this weekend, following her death on Monday.

Any suggestion of avoiding a £2.4million inheritance tax bill will spark outrage following the row over
who is paying for Thatcher's lavish £10million funeral.           

British Virgin Islands in the Caribbean


John Christensen, of the Tax Justice Network, said: "How can a former prime minister spend more than two decades living in a house in London that has been owned for many years by a company based in the British Virgin Islands?

"This does not pass the smell test and simply cannot be allowed to happen in 21st Century Britain.

"We all have a duty to pay our taxes, and that includes former politicians. Politicians and in particular prime ministers have a duty to be transparent with their financial affairs."

Records at the Land Registry HQ show that on March 29, 2006, Bakeland paid £2,395,807 for the house in Belgravia, London.

It is unclear who they purchased the house from, because they were also named on the lease when the house was originally bought on October 30, 1991, for a reported £700,000.

There are two leases on the property, which a Land Registry source described as "unusual". The first one was taken out on October 18, 1991, and lasts until December 25, 2030. The second was taken out on July 29, 1996, and runs out in 2055.

Bakeland Property Company Ltd trustees were originally listed as Jersey-based Hugh Thurston and Leonard Day, her friends and financial advisers. In 2002, The Guardian reported that Bakeland's shares were held by Day and Thurston. Accountants said they were acting as nominees for a trust with concealed beneficiaries.

As Lady Thatcher did not own the house herself it is possible, depending on the terms of her will, that her children Mark and Carol could benefit. If the property was listed in the name of their mother, they would been subject to 40 per cent tax on the value of the home – an estimated £2.4million.



Tax campaigner Christensen added: "There are huge financial benefits for an offshore company to own a property or leasehold, particularly in connection with stamp duty and inheritance tax.

"A company doesn't die. If a person dies, the property has to be passed on to someone else – obviously this isn't the case with a company.

"This can be very beneficial indeed and can save a large amount of money in taxes which would be otherwise due."

Meanwhile, hundreds of police are on standby in the run-up to Thatcher's funeral in London on Wednesday.

Anarchists threatened a mass party to celebrate her death and protesters said a demonstration in Trafalgar Square today will be a focus for discontent.

The decision to grant her a military-themed send-off was questioned again yesterday after claims Buckingham Palace had raised concerns about it.

Labour MP Ronnie Campbell demanded to know why 700 troops will stage a ceremonial funeral for Thatcher when prime ministers who had fought for their country did not.

He said: "They are putting her up there with Winston Churchill."

[Ulick]

Black Mountain this morning.

[Shamrock Shore]

Jazes.

Her funeral 'mass' is very boring.

If she wasn't already dead she'd be dead from boredom.

[orangeman]

Naomi Long said Mrs Thatcher's legacy was "very much a mixed bag".



I could describe her differently.

[winghalfun]

Apologies if already posted but this was a good one too.

http://www.youtube.com/watch?v=zqHvAC-mDQg

[seafoid]

Naomi Long said Mrs Thatcher's legacy was "very much a mixed bag".



I could describe her differently.

Ultimately she wasted 11 years regarding  norn irn. That was bad for the loyalists especially. She didn't care about the effects of deindustrialisation on such working class communities. There was no reason to be loyal to her. 

[Shamrock Shore]

Apologies if already posted but this was a good one too.

SINEAD O'CONNOR - how dare you 

[Captain Obvious]

Amanda Thatcher the iron granddaughter didn't catch the ugly evil looking gene.

[red hander]

She's not as hot as her **** of a granny is feeling right now

[Eamonnca1]

To be fair, she was probably including the unionists here:

Thatcher to Mandelson: 'You can't trust the Irish, they are all liars'
Lord Mandelson said today that the only thing Baroness Thatcher ever told him was that the Irish were "all liars" and not to be trusted, writes Joe Churcher

The Labour former cabinet minister revealed the 1999 exchange as he explained why he did not want to attend the former premier's funeral service.

"I didn't feel I knew her well enough" to apply for the tickets offered to peers, he told BBC Radio 4's Today.

"Although I helped to organise the Labour Party's opposition to her policies throughout the 1980s, I only ever met her once.

"It was the day I was appointed Northern Ireland secretary and our paths crossed.

"She came up to me and she said, 'I've got one thing to say to you, my boy ... you can't trust the Irish, they are all liars', she said, 'liars, and that's what you have to remember, so just don't forget it'.

"With that she waltzed off and that was my only personal exposure to her."

Lord Mandelson, one of the central architects of New Labour, has criticised the scale of the funeral but accepted the Iron Lady "reframed British politics".

"I think what she was right to do was to bring home to us the reality that Britain could not afford rampant inflation, that state monopolies needed commercialising, that personal tax rates were too high and that enterprise was too unrewarding," he said.

"She was also right to argue that deregulation can be a valuable spur to innovation and efficiency and of course she tackled what was then a very disruptive and irresponsible trade union culture.

"But the truth is also that in cutting back the state necessarily, she overlooked what the state can also do successfully."

Belfast Telegraph

[Nally Stand]

To be fair, she was probably including the unionists here:

Thatcher to Mandelson: 'You can't trust the Irish, they are all liars'
Lord Mandelson said today that the only thing Baroness Thatcher ever told him was that the Irish were "all liars" and not to be trusted, writes Joe Churcher

The Labour former cabinet minister revealed the 1999 exchange as he explained why he did not want to attend the former premier's funeral service.

"I didn't feel I knew her well enough" to apply for the tickets offered to peers, he told BBC Radio 4's Today.

"Although I helped to organise the Labour Party's opposition to her policies throughout the 1980s, I only ever met her once.

"It was the day I was appointed Northern Ireland secretary and our paths crossed.

"She came up to me and she said, 'I've got one thing to say to you, my boy ... you can't trust the Irish, they are all liars', she said, 'liars, and that's what you have to remember, so just don't forget it'.

"With that she waltzed off and that was my only personal exposure to her."

Lord Mandelson, one of the central architects of New Labour, has criticised the scale of the funeral but accepted the Iron Lady "reframed British politics".

"I think what she was right to do was to bring home to us the reality that Britain could not afford rampant inflation, that state monopolies needed commercialising, that personal tax rates were too high and that enterprise was too unrewarding," he said.

"She was also right to argue that deregulation can be a valuable spur to innovation and efficiency and of course she tackled what was then a very disruptive and irresponsible trade union culture.

"But the truth is also that in cutting back the state necessarily, she overlooked what the state can also do successfully."

Belfast Telegraph

Who gives a f**k whether she was including unionists or not, it still shows the mindset of the racist bitch.

[armaghniac]

She hardly needed to give Mandleson advice on how to spot a liar.....

[5 Sams]

That horrible smug lookin **** of a son of her's has a face you would never tire of slapping.

[give her dixie]

Does anyone remember Cornelius "Neil" Horan, sometimes referred to as The Grand Prix Priest or The Dancing Priest? Well, he escaped from captivity and made an appearance today at Thatchers funeral and performed a short jig.......

https://vine.co/v/bFYwaXFujI9

[T Fearon]

Surely she shouldn't have judged an entire nation and it's people on the basis of meeting Charlie Haughey a couple of times a year?