Angela Rayner, the Deputy Prime Minister, is in hot water after revealing she didn’t pay enough stamp duty on her second home. What happened? Angela purchased a flat in Hove and thought she was following all the rules. However, due to a mix-up with tax advice, it turns out she owes more than she initially paid. The twist? She had removed her name from a family home in Ashton-under-Lyne, meaning the Hove flat seemed like her only property. But a trust set up for her son complicated matters. This oversight has cost her a pretty penny, with reports suggesting a £40,000 stamp duty underpayment.
In a candid statement, Angela expressed her devastation over the situation, emphasising that every decision was made with her children’s best interests at heart. She’s now working closely with experts and HMRC to resolve this, committed to transparency and public accountability. She’s even referred herself to the Independent Adviser on Ministerial Standards to ensure everything is above board.
Angela admitted she’s been in shock over the ordeal and has spoken to her family about the possibility of stepping down. But her first priority remains supporting her children, especially her vulnerable son. While this situation unfolds, Angela’s taken full responsibility and is determined to set things right.
It’s a reminder that even political figures can get caught up in the complexities of family and financial arrangements. Stay tuned as this story develops!