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The 🏆 is still coveted despite the guilty ones having mince pie eyes.
Gnats as for your very righteous self admission it presented and interesting denouement to what was a runaway winner.The secret gambler series I.
The salt cellar in our house is a jolly looking rotund father Xmas about two inches tall with a red cloak and a full white beard and two very important holes in the top of his head – which incidentally work as well in June as in the bitter cold of January.
The hour is 2028 and dinner is called. I am miles away in Wolverhampton and rustle up my slim unobtrusive paperwork and clear the three pages very neatly away, as the horses presumably mill around the start – I place my mobile on the table screen down and prepare my napkin as the soup starter is brought in. I revert to two blackboards in my head. I put figures on one board still fresh in my mind from my written calculations, it’s seconds away from the off now and I attempt a better be quick and accurate final division sum on blackboard 2.
” Could you fetch the salt please ”
Hmmm that done it and it’s a disappointing no bet caused by social obligation and nicety and towing the line and with a now blank mind I obligingly get up and fetch father Xmas. No real worries with that it is all part of the game and has happened many times before. After 40 minutes when the dinner is finished, the unknowing culprit – the little father Xmas, still smiling is put away.The escapee speaks…
Gnats has to be applauded for his fine work on this but ‘ just sayin ‘ I have never seen the compo snuffed out in an instant – it is usually left up for a few days for comments in the various sections – but possibly Gnats is well ahead of the game and sensed the declining mood.
These yearlies have been going on for almost a quarter of a century and possibly there’s a limit to high interest. I can remember, well with the big one anyway, there were always ten challengers and votes would reach into the 70’s and 80’s but now we are scraping 30. That does not mean the forum is less well attended – I don’t possess comparable figures – it may be just that interest has waned.
Congrats to VTC – his sixth award I think. Not that I follow tipsters but I must applaud the Ginger one and Dynamite for posting up profit and loss. Both are to be applauded.The news channels grab us by the eyelids by focussing on disasters so I continue in the same vein to highlight the disaster of my own New Year celebrations. After the last guest had gone at 315 am – I needed to chill out, so opened a bottle and watched the final recorded half of Papillon – a filum I had seen yonks ago. Now I invested my valuable time expecting to be entertained and what actually happened – somebody picked my pocket right under my nose in my ‘ the disgusted one’s ‘ armchair. They cut and got away with, 34 minutes and five years of the main character’s life – stripped it out of the action. No whiff of warning – just robbed blind at a celebratory time of year in the earlies – wham bam thank you licence holder!
The crouching menace can go take a running jump and drown in it’s escape attempt as far as I care.
The horseracing product has not so blatantly been chipped away by the three legged race – win lose and draw. Ball times features on the news every day – you get stuffed full of its personality dramas whether you like it or not. I like it ! Hence the horseracing decline.
Just a few words. Oh I hit the sack at 515am5 days of exhausting celebrations to go !
Uber Eats saved my Xmas a bit like the eight man orchestra on the Titanic it changed the reality and all for a measly £27 plus a pound tip to the guy in the helmet.
Two bottles of Trivento Argentinian Malbec
acceptably good for a screw top – Ground take note.
A two pint bottle of non organic milk and a brand that Postman Pat might have delivered as a suspect parcel.
An exorbitant plastic packet of Leerdammer with its trademark holey slices – the nutty one that can only count to eight.
I am on the second shared bottle and could comfortably sleep in a manger.I dedicate my racing models to
to Frederick Forsyth a perfectionist in research” What is the life expectancy of an inmate in a concentration camp?
One month to nine months
(The Odessa file)
What is the life expectancy in a British run care home –
Four years – unless you find an unlocked window.😁
The plebeian cheese Leerdammer is best eaten with water biscuits which are completely tasteless and give a better chance of tasting the cheese – be it simulation hypothesis or cold turkey reality.
If existence and your mind and thoughts Ground are fantastically all part of a simulation hypothesis – the newest term – it proves that superior beings if they did create such a paradox, possibly as a kind of experiment out of one of their advanced amusement arcades or thought machines – well it only goes to prove that such advanced beings had a mischievous side and were able to create the odd rabbit hole that didn’t run that deep.
Like Scrooge on the eve before Xmas
I experienced a MUTE NIGHTMARE.
The memory is painful…A green vested blob in the shape and size of several men was spotted stretching its many legs across the downs adjoining Epsom racecourse. A man sporting a grubby mac with notebook attached and one eye noticeably larger than the other was in his sixth year of pursuit and at what he thought at a respectfully safe distance.
BLOB angered by years of looking into his rear view suddenly reacted; he unusually stopped, backtracked his mammoth miriapod form at a never seen mercurial speed to subsume his pursuer including the large eye – then let out a burp with such reverberating loudness it awakened Thor and the soundly sleeping fur coat of Stephen Little that stood itself up and jigged about shouting ” I am awake ” where’s HARRY FINDLAY to brush me down.
It was an undulating myth that caught me in the earlies, but it was an 830pm visit yesterday evening to the Quaker shops to buy two bottles of reserve Fleurie to help the turkey on its way – a two pint bottle of organic full milk for morning tea and some vintage red leicester for the armchair and the second bottle. Alas the early shutting puritans have robbed me blind and I am sat here drinking black tea like a convict of old in Nicholas sit with me.
Ground – a picture hardly paints a thousand words particularly in your case.
Write out a hundred times
‘ The quick brown fox jumped over the LAZY DOG ( in BOLD )
My insanity at least has some order to it and can be contained at least by written definition, while yours is uncontainable by description and very much suited to restriction in what they used to call a funny farm.
However your laziness has irked me for the first time, and I am rarely irked, since that last time when Blob told me to remove my jesting words from the brain to the drain – in other words into the dusty bin where Adolf of Hitler ill fame, once won a fixed race twice, jumping his guts out.
I may pass my intended vote over from the fairweathertipster – currently on pot leave to your hating of the grounds and basics of english – the bottomless ground hater !
My escape – well yes 😄
Possibly my political scoop
indicating the possibility of
an ulterior motive for the
early calling of the General election
an event which shocked the cabinet through
to their lilly whites and brought
pelting thunderous inclemency and thunderous skies down
on Drowning Street.
This mixed in with my obsessive work on the Blob was possibly my death knell in that haunted dusty place.Still a few old threads exist which is pleasing.
Exhausted all avenues is the applicable term methinks.
Anyway life goes on in another form which I may expand on at a later date or may not.
Gnats I wish you a good time with the turkey and it’s now quite obvious to me that Yeats must love reading ghost stories.I have made a schoolboy error and posted in the wrong thread.
Whatever happens to him get the Hill in a horse box and down to the nearest sandy beach – it is clear he needs a change of scenery – this is often described as a holiday. Maybe 🤔 Spain ?I reposted my post because I couldn’t see it in the Constitution Hill thread – I now realize why – I have just vaulted the wall.
Ground good to see you are still banging the keys … The quick brown fox jumped over – but with you it’s more often than not the lazy dog for not polishing your posts
– but remember this ; it was the stoic Epic Eric, better known by his family name Epictetas who advised that the vaulting of walls was not the way to achieve true freedom, rather it was to found vis an internal tunnel combined with self discipline – a word I have never given much merit or purpose to on my personal roller coaster, as the wave of life is there to be ridden rather than curtailed.
Treat my undisciplined post as an aberration and a giving way and a pleasant distraction in the doldrums.
I have a lot of nasties brushed under the carpet that surfaced yesterday and prevented me earning a crust or two at Newbury so alas I missed all that action so all I was left with was a fast disappearing Wolverhampton run on that fabulous carpet
.
As for Constitutional Hill I would let the horse decide what future it wants – I know that sounds daft but there are ways of communicating without blah de blah. A deep look in the eyes can often expose the inner soul.It’s sort of cocoa time and we will get to Constitution Hill in a moment but let’s focus our attention on the far more historically momentous Bunker Hill back in June 1775. Would have been summertime and the Redcoats presented themselves as the greatest professional all Blighty fighting outfit in the globe at that time – but were to routed and embarrassingly decimated by a group of untrained yankee hillbilly sharpshooters staked out in them thar hills. The Brits lost a miserable thousand men after three ‘ let’s show em ‘ horseback charges. It was only when the Yankee doodles ran out of ammo that the Anglos managed to restore order and pick a few off.- well 450 not going home souls – if you want a round number. Advice is – don’t ever take on the Hill. Times change and the British army nowadays is a bit deplete of answers and questions indeed and twiddling its trigger fingers and thumbs as the money pours in and the transformation starts.
Bunker Hill was the first birth pangs of the now hugely grown US of A fighting force that has the current capability to present some semblance of balance and world order. One might warn any boat people and any tree dwelling Venezuelans who might be reading this, to get their bins, paddles, and night glasses out.
The first time I saw the horse ‘ the hill’ was on prime time TV I remember going into a physical spasm on account of observing the most perfectly formed equine beast to ever set the racing mind racing and caused in me a kafkaesque transformation into something subhuman in the throes of riga mortis. It was early days in his history, but in a way and to reiterate I remember thinking I have never ever parked my peelers on such a perfectly honed equine shape. The shape won the ensuing horse race but I couldn’t tell you when that was or where. Sad to see this perfectly formed creature twiddling its hooves these days a mere shadow of its former self – but there you go – a mishap or two and things change – even go into reverse. Let’s face it, it can happen to each and everyone of us – even the clever jump ahead Marcus Aurelius’s of this world.
I am too sheep-like to address the Goat of racing hurdlers but cooly make a mention of Make a Stand who won 9 out of his 14 hurdle races all won in his inimitable style and he reportedly acted to like a gentleman at home – whatever that might imply.
He booted through his Champion hurdle in record time and pinged the last with energy to spare if memory serves.
Lived to a ripe old 28 horse years and was active in retirement enjoying a bit of the old showjumping. Nothing odd about that – In a similar vein I’ve tried a bit of yomping myself – but didn’t like the disapproving disappearing foot soldiers as I passed through them on the pavement. I confine myself these days to jumping the queue. It’s a lot safer by a yard and the creepy eyes can be dealt with by a cold unremitting stare.
Game on !
-
Who leaked Murty s tax status ?
‘Sunak’s allies laid the blame at No10, where Boris Johnson has long been seen as worried about the relative popularity of the Treasury boss.’
Suddenly with his green card issues compounding the problem of his wife’s tax status he jumped from being Dishi Rishi to Fishi Rishi.
On the 2nd November Rishi gave up his shadow cabinet post and retired to the back benches saying he would be spending more time enjoying the Yorkshire shoreline.
I imagine with him ‘retiring’ his wife with a good conscience would have had little qualms in writing to HMRC, or via online, to change back her tax arrangements to a remittance basis and avoid the surplus tax on her dividend due on 5th November.
She had generously paid a lot of extra tax to facilitate her husband’s career but his career ex cabinet is surely now over.Had Sunak gone for a November election his wife would certainly have paid this tax. Maybe she has anyway in fear of further leaks – it’s all conjecture, but I found this highly interesting to think this through in relation to the shock July election date.
Britain’s growth has been a world-beater in the last quarter – inflation has maintained its low level. The conservatives would never have won but possibly retained more seats.
I know nothing and this is all conjecture and hypothetical.Interesting that Cleverly who made a 100mill fortune pre politics didn’t want to serve under Badenoch or Jenrick.
Hunt who cashed in his education business for 30 million is also fed up and retiring to the back benches and no doubt spending more time in his oak beamed house.( joke removed )
Continued….
No offense with the three monkeys See no evil etc just a light hearted joke that might apply to all Conservative MPs until they recover their composure which may take a long time.
To conclude I have estimated Akshata Murtys holding from the current capitalisation at £600 million and with the recent divi at a yield of 2.78% it translates to a 16.62 mill payout which would accrue Indian tax of 3.32mill and HMRC would receive slightly less at 3.23 mill and in the 24/25 tax year on the premise that Akshata Murty has retained her voluntary arrangement – but that is the question.
It is rumoured the Sunaks may go to live in America. The divi rate in U.S. is a maximum 30% (qualified dividends less) so there would be some saving. They can of course decide to stay here and pay the extra tax and it may be a lifestyle choice over money in the bank.Sunak’s pa wouldn’t allow a crouching menace (TV) in the house. Maybe that gave the young Sunak a better start in life with little distraction and more people interactions.
The Sunaks both met at Stanford as students and later married. Sunak set up a finance company in California which had connections with the Cayman Islands. His wife opened them closed a fashion company – Akshata designs. They both came to England in 2013. They inevitably came with capital to fund their life in England and purchase their initial property in Yorkshire. No dividend income was brought in from India to fund their company Catamaran Ventures as this would have been taxed.It was the London branch of her father’s well funded business ($1 billion) Sunak transferred his shares to his wife before entering politics.
….I got the Daddy’s mixed up it was Murty’s daddy who rejected the crouching menace, and she lived without the ‘fun’ of Sesame Street. He also cleaned his own toilet rejecting the caste system.
______________________________THE POLITICAL BEAST WAKES AND ROARS….
It was a storm-strid Hardy night, winds footing swift through the blind profound – the people; some sleeping knew the happenings from their sound; leaves tottered down still green and spun and drifted slam dunk to their roots which wrenched and lifted the loam where they ran underground. The clouds suddenly came off strike and the grey bleak morning, as if not exposed and battered enough, was thenceforth lashed and punished further, with torrential unremitting rain bursting forth but mainly down.
He strode with some purpose to the lectern as the heavens opened,
“This is the moment (SPLAT) for Britain to decide its future (SPLAT)”
The electorate in grouped formation danced, some merrily, around the Maypole, whilst others hid tortured defeated faces.
Labour 39%
Conservatives 20%Whilst Cameronman years earlier had tried unsuccessfully to throw two sixes – ending up running away with the spoon, this was Rishi’s BIG GAMBLE
_______
Politics can be somewhat dry
So a break may be in order.Freud would have given his eye
teeth to have gotten his mits on the knowledge that follows…There are four things in life that are important…
It took me many years of research to discover number four.
Number four reads …
‘Try not to forget the other three’
Quite likely that Murty’ s father long long ago when he enriched his daughter set up an offshore trust fund in her name, and this would have been favourably placed in a tax haven. It may have had prenup arrangements in it to protect the fund from expensive divorce settlements. Today these overseas trusts cost about £5k to set up with a maintenance of 4k a year.
Maybe he set up something at home due to a lack of inheritance tax in India so he chose something home grown.
“Dividends received from Indian companies prior to 1 April 2020 are tax-free in the hands of the shareholder. Any dividends received post 1 April 2020 are chargeable in the hands of the non-resident shareholder at the rate of 20% or treaty rate, whichever is beneficial.”Post 2020 – if a person was domiciled in India but resident in UK received £10 mill in dividends under the non dom arrangement they would pay 2 mill to the Indian tax authorities and avoid all tax on them in Uk. Once Murty’ agreed to pay tax she would have had to pay £1.81million to HMRC ( divi tax was 38.1 (additional rate) so 38.1 minus the 20% she had paid so 18.1%.
Divi tax now is 39.35% additional rates and on ordinary dividends.
Now Infosys declares dividends twice a year early mid April and late October.Infosys final year results and dividend payment went out on April 13th 2022. I suggest that Murty would have received this dividend and when she wrote to HMRC and agreed to pay it would have involved any future dividends. She would have paid British tax on dividend income in Oct 22 April 23 Oct 23 and April 24. and this is where the intrigue comes in – will she pay tax on the dividend which came out on Oct 26 which will be received by shareholders on the 5th of November ? Did this payment influence Sunak’s choice of election date.
I will refill my cup.Year 12-15 non doms paid 60k up from 30.
Back with a cup of tea.
Hunts earlier budget in 24 rather usurped Labours plans to end the non dom status. Hunt penalized new arrivals but left those still here under the 15 year residency grace period ( Hunt brought this in an earlier budget ) to continue with their benefits. Reeves has stopped these concessions. Murty still had some few years left until she became a deemed dom. It reminds me of the Mafia term when you become a don and you get made. She loses those years now but of course she had volunteered to pay any tax from abroad and that is the interesting bit…
April 9 2022…( note the date)
Chancellor Rishi Sunak’s wife Akshata Murty has said she will pay UK taxes on her overseas income, following a row over her non-domicile status.I don’t usually contribute to political threads, on the other hand, I do like a bit of intrigue. I may decide to stop writing so apologies if there is a cliff edge and on the other hand, I may get bored with the complexity and dryness of it, and may consequently drop off my writing perch. I am extremely busy at the moment.
All I write is complete conjecture and the conclusions I hint at may be far from the actuality, but allow me
to give a few hopefully interesting thoughts.
Most people including MPs were expecting an October or November election – it sort of made sense to allow time to help cobweb all the big mistakes made.The conservatives lost 251 seats in the annihilation that followed.That morning of the declaration he stood there in the pouring rain…
‘Labour MPs are happy. We’re not. That tells a story,” one minister fumed in my general direction as he reeled off a list of legislation he had been involved in, now headed for the shredder.
All of Mr Sunak’s MPs, though, were blindsided – including cabinet ministers who had no inkling of what was coming either, even being sent a fake agenda for their Wednesday afternoon meeting.’Sunak wife Akshata Murty has a .91% stake in Infosys a software company her father started with $250 which has a capitalisation of £66.71 billion (her Infosys wealth was quoted at around 700 million) and employs a quarter of a billion workers worldwide deriving 60% of its income in North America.
Ms Murty has non dom status which under the arrangement of paying 30k a year to HMRC she was allowed to use the remittance basis for her tax affairs which meant that foreign earning were taxed at source at country of origin, or lightly taxed or not taxed, as the case may be. That all changes next April when the residency basis replaces it and non doms are basically cancelled apart from the exception of temporary 4 year newcomers.
The recent budget also included an inheritance tax grab for non doms however there is a double taxation (India/UK) treaty from 1956 which allows forgiveness of inheritance tax for Indians domiciled in India residing abroad.It is not clear whether the treaty overrides the budget rules and it is currently under discussion. There is no inheritance tax in India and the top rate of tax is 30%. Top rate is 37% in U.S. UK rate is 45%.I am getting bored so will leave you for an indefinite time.
They are not all racists in the land of the Free
They have built the monasteries.First things sprogs learn after shooting ducks
is how to twitch a curtain.Ten years later standing by it.
” Half the street are benefit thieving ingrates who should disappear down the orifice they came from
The other half are BUMS.
Druggies every one.
Are we down SOUF
and are we done ,?
No
Let’s go back in time
2013 and let the climate
wreck em to bits
So temptin’Leave no trace
Hide your face
Not worth the lace !Yap Yap, yap yap yap yap
:
– but remember this ; it was the stoic Epic Eric, better known by his family name Epictetas who advised that the vaulting of walls was not the way to achieve true freedom, rather it was to found vis an internal tunnel combined with self discipline – a word I have never given much merit or purpose to on my personal roller coaster, as the wave of life is there to be ridden rather than curtailed.
.