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No one watches PMQ's, most of the public will have zero idea what a clown he looked
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He's so rattled he is selling the chalet in Verbier that he bought for his kids to fund his defence.
https://www.finews.com/news/english-news/49582-prince-andrew-verbier-switzerland-chalet-debts
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I am happy to admit that I could be wrong here as I'm a true layperson. But I get the impression that his legal team bet the house on getting the case dismissed, my reading of it is that he admitted that he COULD have been a defendant in the original civil trial therefore he cannot be sued in a civil case now. Now and again IANAL but that sounds to my un-trained ear as an admission of guilt.
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My understanding was that the £6m was just the balance owned. The seller agreed to accept installments and he stopped paying after £11m was paid.
Our money? Do you mean it was taxpayer money or are you making the wider point that any money that the royal family "earn" is derived from money taken from the people?
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And by Mummy do we mean the taxpayer? Sovereign grant etc etc
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The fact he’s tried every little sneaky trick to get out of this already is an admission of guilt.
Where’s the cctv of him in pizza express? If it was anyone else they’d be in prison by now.
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You've got to be a bit careful with loans.
Also worth noting that since at least 2015 the ability of a private individual to avoid tax is mainly down to not getting found out and HMRC's appetite for their/your money. Even if what you're doing is perfectly legal if they don't like it they will take the money and leave it up to you to appeal to reclaim the money.
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Where’s the cctv of him in pizza express?
Not sure many businesses retain CCTV recordings for 18+ years
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I've never understood the upset about the grant, considering that it was only awarded in return for the Royal Family paying tax on private income and giving up all Crown Estate profits. In 20/21, the Crown Estate earned the taxpayer nearly a quarter of a billion and the Royal Grant was £80m or so.
Given that the Queen is reputed to have half a billion of private wealth squirelled away, its impossible to know where this ££ is coming from.
Anyway, for the Royal Thread.
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Listened to this this morning;
https://mobile.twitter.com/RosieisaHolt/status/1480932023929823244
Then on the WAO listened to a real person say almost the same thing.
Proper jokes.
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the Crown Estate earned the taxpayer nearly a quarter of a billion
Our estate, bloody monarchy.
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Sovereign to Sovereign is exempt from IHT so probably not.
This doesn't cover assets held privately, of which she has £500m or so. I'm sure she's using a lot of different tricks to minimise that bill though!
Edit: Holy shit, you're right! As long as she gives it all to Charles, she's IHT free!
What about the Queen’s private wealth which passes to her successor (most likely Prince Charles) on her death then? In any normal situation, an individual leaving more than £325,000 to a child would be subject to Inheritance Tax on the amount over that limit (subject to where an additional allowance has been gained through the death of a spouse).
However, it may surprise you to learn that this is not the case where a Monarch leaves assets to the next in line to the throne. A special deal struck with the government means any assets left by a UK Monarch to their immediate successor will be free from Inheritance Tax, although gifts left to other children or relatives will be taxed in the usual way.
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And it’s this special deal that’s the problem.
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@Platini
Definitely a good way to get the civil servants, advisers and the rest on board. Throw them under the bus and it's all their fault.