Which politician is the worst tax dodger?
6/17/202623 min
Should political leaders show us their tax returns in detail? Are the financial questions concerning Farage about tax or something else? Which politicians were careless and which were more culpable?
Robert and Steph chat with Dan Neidle who reveals his investigations into the financial affairs of several high-profile politicians.
The Rest is Money is brought to you by Octopus Energy, Britain’s smart energy pioneer.
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Producer: Isabelle Bougeard
Video Editor: Dylan Bonham
Exec Producers: Chris Sawyer and Tom Whiter
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Clips
Transcript preview
First 90 secondsSteph McGovern· Host0:01
So Churchill was a tax dodger.
Dan Neidle· Guest0:02
It wasn't so much that he was in trouble, he just spent money as soon as he made it, never held anything back, and could never pay his tax. Mr. Polanski lived on a narrowboat for three years. He didn't pay council tax. And I think most people would expect that if you're living on a boat, it's moored in one place for three years, and that's your home, you should pay council tax.
Robert Peston· Host0:19
You mentioned Angela Rayner. She should have paid the second home rate of stamp duty. She has now settled, and she wasn't fined.
Dan Neidle· Guest0:29
And I thought she would be 'cause I thought she'd been careless.
Steph McGovern· Host0:32
There's definitely an argument that tax is really complicated though, isn't it? And you've said before about you think we have too many taxes. So should we be giving the benefit of the doubt before we go heavy on saying people are tax dodgers? We're delighted to say that this year, The Rest Is Money is powered by Octopus Energy, so we're joined by its founder and CEO, Greg Jackson. So Greg, I heard that the prices of solar and home battery storage are falling. So is it worth waiting before you invest in them?
Greg Jackson1:02
Uh, first of all, we never know what's gonna happen to the future price of energy. It could go up or go down. So, uh, I think when people try to do a really detailed payback calculation, uh, the problem is you don't really know what the alternative is. But I don't know many people who've regretted getting these technologies, 'cause the one thing, whenever you get them, is it helps insulate you against the volatility of the market prices. A- and so, as far as I can tell, the vast majority of people who've made that decision