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dipsydoodle

(42,239 posts)
Fri Jun 21, 2013, 05:07 AM Jun 2013

Nigel Farage says tax haven fund was a mistake


Nigel Farage, who has previously spoken out against tax evaders in a speech to the European parliament, admitted he paid an adviser to set up the Farage Family Educational Trust 1654 on the Isle of Man, the Daily Mirror said.

The newspaper said Farage insisted he had not personally benefited from the account, and that he claimed he had ended up out of pocket.

The MEP told the Mirror: "My financial advisers recommended I did it, to have a trust really for inheritance purposes and I took the advice and I set it up. It was a mistake. I was a completely unsuitable person for it. I am not blaming them, it was my fault. It's a vehicle that you chuck things in through your life that you don't need and you build up a trust fund for your children or grandchildren.

"It was called an educational trust and could have been used for grandchildren's schools fees, things like that. It was a mistake for three reasons. Firstly, I'm not rich enough to need one and I am never going to be. Secondly, frankly, the world has changed. Things that we thought were absolutely fair practice 10 years, 20 years ago, 30 years ago aren't any more. Thirdly, it was a mistake because it cost me money. I sent a cheque off to set it up."

http://www.guardian.co.uk/politics/2013/jun/21/nigel-farage-offshore-fund-mistake

Creep.
7 replies = new reply since forum marked as read
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Nigel Farage says tax haven fund was a mistake (Original Post) dipsydoodle Jun 2013 OP
Wonder what other skeletons he has in his cupboard. non sociopath skin Jun 2013 #1
Well, to be honest about it...... T_i_B Jun 2013 #2
So is voting for UKIP! LeftishBrit Jun 2013 #3
lol dipsydoodle Jun 2013 #4
As Father Ted would say - "The money was just resting in my account" fedsron2us Jun 2013 #5
ROFLOL non sociopath skin Jun 2013 #6
Nigel Farage accuses Nigel Farage of ‘desperate smear campaign’ against Nigel Farage T_i_B Jun 2013 #7

T_i_B

(14,737 posts)
2. Well, to be honest about it......
Fri Jun 21, 2013, 07:05 AM
Jun 2013

........95% of UKIP's manifesto is a colossal mistake as well.

It can't really be considered a surprise given the attitude of UKIP members and supporters towards tax dodging.

T_i_B

(14,737 posts)
7. Nigel Farage accuses Nigel Farage of ‘desperate smear campaign’ against Nigel Farage
Tue Jun 25, 2013, 07:18 AM
Jun 2013
http://newsthump.com/2013/06/25/nigel-farage-accuses-nigel-farage-of-desperate-smear-campaign-against-nigel-farage/

Nigel Farage has accused Nigel Farage of a ‘desperate smear campaign’ against Nigel Farage after Nigel Farage set up an offshore trust fund in an obvious attempt to discredit Nigel Farage. Mr Farage slammed his admittance that he set up a trust fund on the Isle of Man as ‘proof that he’s got himself rattled’ and that ‘he’s all the same as himself’.

“The sheer hypocrisy of Nigel Farage doesn’t come as any surprise to me,” said Mr Farage.

UKIP supporters have been quick to defend Nigel Farage against attacks by Nigel Farage and to point out the clear differences between deliberate attempts to avoid tax and attempting to avoid tax deliberately.

“Nigel Farage’s attempts to portray Nigel Farage as Nigel Farage bears all the hallmarks of a Farage\Farage\Farage troika who are growing increasingly desperate,” claimed 39 year-old UKIP supporter Truthy Truthson-Truth. “We want a Nigel Farage who is Nigel Farage and not a Nigel Farage. And that Nigel Farage is Nigel Farage!”

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