None. You still need to go through the formal exchange of contracts process but it would be a partial solution to your situation.
So in general these agreements are not used.
This system needs a radical overhaul, as the above article suggests.
It could certainly do with being updated. The last change of note happened nearly 100 years ago.
More fuel for the fire.
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Feels like the vultures are starting to circle. Also feels a little bit too far out from an election to really result in a big change. If things really get bad I can see the Conservatives simply âswappingâ Johnson out and hail the next person as the person that will âdrain the swampâ etc.
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No surprises there. Everyone knows that Bozo is just a chancer with neither the intelligence nor the diligence to actually grasp anything.
But that doesnât matter to the British public because âyou could go for a pint with himâ, apparently.
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But he can recite the Iliad in Ancient Greek, so, ya knowâŚ
I doubt he could recite all his childrenâs names in English.
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Well, thereâs Albert, Alice, and Arlo in the AsâŚhe should just start there.
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And I could honestly think of nothing worse than a pint with Boris.
Actually, a pint with Priti or Jacob would probs be pretty fucking shit.
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A pint with @cynicaloldgit thoughâŚ
PHWOAR!
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Mogg trying to lift a pint would probably snap him in half.
But make sure you and @cynicaloldgit stay off the angry juice
Iâve having a sort of casual look at this story from time to time without really understanding the fundamentals behind it.
Now I read that itâs Johnson again.
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I actually think itâs more about not being bothered. Remember the stories.
Not rehearsing the play at school
Preferring to write his book on Shakespeare rather than deal with Covid.
Etc etc.
So Death Pencil Mogg has been bending the rules now by all accounts. Given that he owns the companies I guess heâs entitled to take out loans etc. Whether he should have declared the transactions I couldnât say.
Its not a good look.
Taking a loan from a holding company, based in a tax haven for 6M, at a cheap interest rate. It reminds me of footballers image rights. Tax haven set up and loaning the player income.
The ethics of someone in parliament using a tax haven at its heart is wrong (perhaps not legally but ethically) . I see very little difference to say Jimmy Carr, footballers or any other exploitation of tax havens. For a politician itâs just hypocritical. How a politician can say, everyone should pay tax while avoiding it themselves is a dick.
He paid interest of ÂŁ48,000 in interest over 3 years. If it had gone to the bank he would have paid approximately ÂŁ250,000 (given mortgage rates). If it was not given as a loan, he would have paid tax which would have been significantly higher.
To not declare to parliment, makes it look like he was trying to hide it.
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Yeah not a great look and while the figures are eye watering it doesnât quite ring as loudly to me as say Iain Duncan Smith who is paid ÂŁ25k by a hand sanitising firm while chairing a task force that actively befitted the firm he worked for.
I mean WTF does IDS know about hand sanitiser? He hardly knows left from right.
Heâs probably got a fair bit of experience washing the blood off them
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