Monday, April 16, 2012

Boris Johnson declares £1.3m earnings


London Mayor calls on candidates to disclose all the details of taxes that Ken Livingstone reveals £ 125.500 dividends

Boris Johnson, won just under £ 900 000 for their independent work on top of his six-figure salary for mayor the first three years as mayor, figures released by the conservative mayor revealed yesterday, bringing its total turnover for the period to about 1.3 million pounds.

independent Its revenues were £ 363,000 a year before he became mayor, when he was a deputy at a salary of £ 55,000. His total earnings over the last four years is just under 1.7 million pounds. The scale supplementary income Johnson said of his rival, Ken Livingstone, Conservative candidates benefits significantly from George Osborne's decision to throw the maximum tax rate to 50p - a move that Johnson trouble

The publication of income data raises the possibility of future demands for MPs to disclose their tax provisions, and could set a precedent in the next general election of a more open style competition.

The figures were published after Johnson has publicly committed during a debate at City Hall on BBC2's Newsnight on Wednesday in an attempt to resolve a dispute with Livingstone on their tax systems in a assistance of each increasingly bitter before elections next month. Livingstone Johnson called a "fucking liar" in a lift yesterday.

But figures released by the time Livingstone - After an initial refusal to do so, it is reported that more than four years, the dividends paid mayoral candidate Labour £ 125,555 in value Silveta Ltd. The company which he owns with his wife, you only pay £ 23,730 in corporation tax -. that 20% is significantly less than the tax would have paid

figures certified by an accountant, show Livingstone took £ 342,041 for the period of a combined income of employment, the "interest", the dividends of the company and its board of directors. Total tax paid within the period was £ 113.861, including £ 90,131 in income tax between 2011 and 2007 to 2008 and 2010 / £ 23,730 in corporate taxes. However, the figures do not show the true extent of their income because they are routed through the company.

Livingstone has been stung by accusations of hypocrisy by denouncing those who avoid taxes, while creating a private company to pay taxes on their profits at a lower rate. He insists that the company was founded by his wife, he used to write his autobiography of 700 pages, and two other staff working on the campaign trail. It has been said repeatedly Johnson had a similar system. Livingstone immediately follow play call Johnson asked candidates to "keep their promises." "Last night, all candidates were given an unequivocal promise on national television to deliver their income, either through a company or not, and all income taxes paid in all income," has Johnson said.
"I did it today and it was planned, and I am sure that Londoners should also, all candidates who fulfill their promises. As I said in this election Londoners should be able to trust their mayor. "

By midafternoon, the candidate of Labour has published a summary financial statement, but only with respect to income, he had supported, instead of channeling your business. He argues that voters do not get a true picture, if the income taxation of partners and candidates are also included, reflecting the attention focused on "my income tax and my wife," Emma Beal . He insists the publication of household income was the only way to make the process "open and fair."


also said he wanted a person designated to ensure that details of the respective candidates were published simultaneously.


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