House about this for Tory hypocrisy
Daily Mirror UK|May 13, 2024
Conservatives can't stop banging on about Labour Angela's home claims... but this lot won't even say if they paid tax on the millions in profit on sales of property we helped them buy
NICK SOMMERLAD
House about this for Tory hypocrisy

TORIES making a lot of noise about Angela Rayner and capital gains tax are less vocal when it comes to the profits their own MPs have made from selling second homes.

Four who have raked in £5.4million between them from flogging houses funded by the public have repeatedly declined to reveal if they paid any tax on the profits they made.

The Tories were accused of hypocrisy after pushing for police to probe deputy Labour leader Ms Rayner over a £48,000 profit she made selling a former council house before she became an MP and an alleged capital gains tax bill of a mere £1,500.

The party did not respond to Mirror requests to comment on our investigation into whether David Tredinnick, Eleanor Laing, Shailesh Vara and Maria Miller paid capital gains tax on second homes they sold.

Labour's Jess Phillips said: "The sheer hypocrisy is off the scale.

"It beggars belief for the Tories to demand a witch-hunt over a decade-old ex-council house sale.

"Yet they're refusing to say if several of their own MPs paid tax on the profits from selling taxpayer-funded homes, while they were actually sitting in Parliament."

Under parliamentary rules MPs are entitled to keep the money they made flogging second homes,

Former Bosworth MP Mr Tredinnick, 69, sold his property in London for £2.8m, when he was still in the Commons, making an estimated profit of £2m. He bought it in 1988, a year after he was elected.

It is not known when he designated the property as his second home but between 2004 and 2009 he claimed £106,745 in mortgage interest payments.

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