Wednesday 20 January 2016

How Alex Salmond avoids paying Income Tax to Scotland


Hypocrisy is rife within the SNP


Depite the SNP saying no SNP MP would have a second Job , Alex Salmond currently has four Jobs.
The problem with having four Jobs of course is all the loot you can rake in and the large amount of Tax you would have to pay as a high earning individual from having four Jobs in total.The way around this of course is to arrange a method of dodging Tax which is exactly what Alex Salmond has decided to do..the man has no morals ....4 jobs and deliberate Tax evasion ..all from the previous leader of the "supposedly higher moralistic SNP"   ...it is like lots of other things with the SNP....a LIE.
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Alex Salmond has set up an unlimited company to handle revenue acquired through his burgeoning writing career .
The former First Minister is the sole shareholder in The Chronicles Of Deer, which will receive the outside earnings from his published works.
The company already has the copyright on his best-selling referendum diary ‘The Dream Shall Never Die’ and is similar to those set up by other authors to reduce their tax liabilities.
The arrangement means that revenue would be taxed at the corporation rate of 20 per cent rather than the higher income tax rate of 40 per cent or 45 per cent.
Although no money has yet been deposited in the company’s coffers, when it is, it can then be withdrawn gradually as salary and dividends, reducing income tax and national insurance.
Mr Salmond, who is MSP for Aberdeenshire East, declared the new arrangement in his Scottish Parliament register of interests earlier this month – it was published on Friday.
In the Scottish Parliament register of interests, he states: “From March 2, 2015 I have owned an ordinary shareholding in Chronicles Of Deer, a company for publishing books and writings.
“This constitutes 100 per cent of the issued share capital.
Because the new company is unlimited rather than limited, Mr Salmond has unlimited liability for any debts and is not required to file annual accounts at Companies House.
However, Mr Salmond, who is also standing in Gordon for the Westminster election on May 7, has told the parliament he will voluntarily update his register of interests.
The Chronicles Of Deer was incorporated as a private unlimited company on February 13.
Its directors were solicitor Tasmina Ahmed-Sheikh who resigned in May 2015 after only a few months and John Cairns, who is an accountant who specialises in “tax efficient investments”.
https://t.co/CxGbEPafR4

The original article can be found here

It's always been clear where Alex Salmonds real interest lies, its not for the good of Scotland at at but in merely promoting himself and trying to fill his own Bank accounts.  Read more on that here 

For Alex Salmond  Politics "is all about the money"
http://www.telegraph.co.uk/news/politics/SNP/11281111/Alex-Salmond-refuses-to-repay-65000-golden-goodbye.html











Tax avoidance within SNP supporters seems to be a bit of a thing
http://www.thetimes.co.uk/article/snp-donors-in-tax-avoidance-ruses-2jw8g3g9w

Tasmina Ahmed-Sheikh is alreadly under the spotlight for her dodgy record in actually providing money to "good causes" by the charity she set-up and ran, it is becoming obvious that it was no more than a vehicle for personal promotion to help her get elected.

The Charity was set-up with a grant from Scottish Government of  £16000  and had registered income of over £25,000  and yet the amount that Tasmina Ahmed-Sheikh gave to good causes was only £700 while other money appears to have been spent ppromoting her own political career, does this sound open and honest ? 
Welcome to the SNP level of honestly and governance in Financial matters where things are hidden from the Public eye.
Read more on that ongoing issue here   and  also here as well   

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Is the SNP a Cult or not ? http://scottishpatriots.blogspot.com/2016/01/is-snp-not-cult-lets-do-fact-check.html

How Wee and How stupid can some Scots be ? http://scotsagainstindependence.blogspot.com/2016/03/nuclear-weapons-how-too-wee-and-too.html


How the Scottish Electricity Networks was ruined and changed from being an exporter of electricity to soon being an importer of electricity from England.
http://scotsagainstindependence.blogspot.com/2015/09/the-snps-major-power-failof-course-its.html


How best to tell if what your reading is trustworthy ?
http://scottishpatriots.blogspot.com/2016/01/we-need-to-talk-about-kevin.html































































































     

      







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