The Spectator - Rashford

Rod Liddle was busy putting the knife in a while ago. What a miserable bunch these people are. How about they turn their attention to some of their chums from the real metropolitan elite instead.
 
'Prime Minister, we've just looked at the polls and Marcus Rashford is 42 times more popular than you right now'

'Balderdash, bunkum, I'm the most beloved Prime Minister in history, the public adore me, who is this Mark Bashful?'

'Marcus Rashford sir, the footballer'

'Ah yes, he missed the penalty conversion, how can I be less popular than him, the little piccaninny?'

'He's 6 feet 2 Prime Minister, you're 5 foot 6'

'Five feet 7 and as I was saying to Lidders at the club, it's not the length, it's the girth, what what!'

'Erm, anyway Prime Minister, about Marcus Rashford'

'The footballist?'

'Yes, we need to come up with some policies that will help the demographic he appeals to'

'Policies?'

'Yes Prime Minister, those things Marcus Rashford made you do, in his spare time, at 23, away from his massively pressured high profile job'

'Nonsense, we don't need policies, I'll tell everyone to fly the Union Jack in interviews and repeat 'BUILDING BACK BETTER!'

'And what about Rashford Prime Minister?'

'I'll make a few phone calls, we'll make up a story about him stealing money or something and within days I'll be Churchillian, Shakespearean in my popularity and he'll be back to knowing his place!'

'Ah yes Prime Minister, about Shakespeare, the publishers have been on again....'
 
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Lytham_fy8 said:
'Prime Minister, we've just looked at the polls and Marcus Rashford is 42 times more popular than you right now'

'Balderdash, bunkum, I'm the most beloved Prime Minister in history, the public adore me, who is this Mark Bashful?'

'Marcus Rashford sir, the footballer'

'Ah yes, he missed the penalty conversion, how can I be less popular than him, the little piccaninny?'

'He's 6 feet 2 Prime Minister, you're 5 foot 6'

'Five feet 7 and as I was saying to Lidders at the club, it's not the length, it's the girth, what what!'

'Erm, anyway Prime Minister, about Marcus Rashford'

'The footballist?'

'Yes, we need to come up with some policies that will help the demographic he appeals to'

'Policies?'

'Yes Prime Minister, those things Marcus Rashford made you do, in his spare time, at 23, away from his massively pressured high profile job'

'Nonsense, we don't need policies, I'll tell everyone to fly the Union Jack in interviews and repeat 'BUILDING BACK BETTER!'

'And what about Rashford Prime Minister?'

'I'll make a few phone calls, we'll make up a story about him stealing money or something and within days I'll be Churchillian, Shakespearean in my popularity and he'll be back to knowing his place!'

'Ah yes Prime Minister, about Shakespeare, the publishers have been on again....'
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Back to your best, comedy's loss is the NHS's gain
 
I have a soft spot for this young fella. I remember going to school in the 60s and 70s and being able to afford school meals but being very aware that some children went without food and others suffered greatly due to the stigma of having to accept free school meals which was bizarrely common knowledge to the whole school. In the 21 century for school children to still endure this is wicked. I am wary of some celebrities such as Gary Lineker and their protestations done for the purpose of virtue signalling. This man is different, this is about empathy, he really does understand the pain. He is a bigger person than any politician.
 
Ruperthoop said:
I have a soft spot for this young fella. I remember going to school in the 60s and 70s and being able to afford school meals but being very aware that some children went without food and others suffered greatly due to the stigma of having to accept free school meals which was bizarrely common knowledge to the whole school. In the 21 century for school children to still endure this is wicked. I am wary of some celebrities such as Gary Lineker and their protestations done for the purpose of virtue signalling. This man is different, this is about empathy, he really does understand the pain. He is a bigger person than any politician.
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Great post. He's put his head up above the trenches and has spoken out loud. He has got things done too.

He should be treasured.
 
Lytham_fy8 said:
'Prime Minister, we've just looked at the polls and Marcus Rashford is 42 times more popular than you right now'

'Balderdash, bunkum, I'm the most beloved Prime Minister in history, the public adore me, who is this Mark Bashful?'

'Marcus Rashford sir, the footballer'

'Ah yes, he missed the penalty conversion, how can I be less popular than him, the little piccaninny?'

'He's 6 feet 2 Prime Minister, you're 5 foot 6'

'Five feet 7 and as I was saying to Lidders at the club, it's not the length, it's the girth, what what!'

'Erm, anyway Prime Minister, about Marcus Rashford'

'The footballist?'

'Yes, we need to come up with some policies that will help the demographic he appeals to'

'Policies?'

'Yes Prime Minister, those things Marcus Rashford made you do, in his spare time, at 23, away from his massively pressured high profile job'

'Nonsense, we don't need policies, I'll tell everyone to fly the Union Jack in interviews and repeat 'BUILDING BACK BETTER!'

'And what about Rashford Prime Minister?'

'I'll make a few phone calls, we'll make up a story about him stealing money or something and within days I'll be Churchillian, Shakespearean in my popularity and he'll be back to knowing his place!'

'Ah yes Prime Minister, about Shakespeare, the publishers have been on again....'
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Very funny that Lytham l nearly spilled my Pina Colada down my new Boss polo shirt l laughed that much! 🤣🤣🤣
 
Mr Prime Minister?

What is it, I'm very busy right now, with errrr policies

Isn't that the 'Posh Totty for Etonians VI' DVD box in your hand sir?

Yes, I was, errr, researching

And did you get the memo about trousers in the office after the whole Hancock camera thing?

Well you've ruined the moment now, what is it you want?

The conversation we had earlier about Marcus Rashford....

The Wiff Waff player?

No, that's not a thing, the footballer

Ah yes, so I trust he's now persona non grata and I once again rule as king of public opinion?

No sir, they immediately saw through it and he tweeted a pithy and factual summary, he's now even more popular.

That's rotten news, he's like a Greek Deity or something, unbeatable, Hermes if you will, the god of communication, not the company who deliver my meals, my next book is going to be about Mythology, Carrie needs the valances sorting, or maybe Patrick Vallance sorting? Anyway, just as soon as the fella who's writing this one for me is fini...

May I interrupt you Prime Minister, back to the matter in hand...

Ah, well I did have a matter in hand before you interrupted what what! That's brilliant, I should write that dow..

Marcus Rashford sir.

Oh yes, so what do we do now?

Well there's one more chance for us, there's an obscure football message board that is vital to the political direction of this country, it's populated by some right wingers and beleaguered lefty communist types, everyone seems very drunk and aggressive mind. We have an inside man anyway, I don't think anyone's rumbled him yet as most get quite bored after the twelfth paragraph of passive aggressive skirting of his actual opinion, but I've just leaked him a story and he says he'll post it in the world renowned and hugely influential sub forum. It's the one we were saving about the director's loan, it should work a treat and crush Rashford once and for all!

Spiffing news, that'll show him that we're the ones with a plan and in control of the great future this country has as we BUILD BACK BETTER!

I'll PM him now sir.

But I'm the PM?

'Yes sir, yes you somehow are, will there be anything else?

No, what a marvellous victory for good old British values, I'm going to celebrate, if you could cancel my SAGE meeting this afternoon and tell me how this door locks, also, do we have any wipe clean flags?....
 
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Couldnt care less if he made 50 million quid out of partnerships👍🏻 Then again I don’t get my smalls in a twist with over MPs getting in free to football matches either😯
 
SEASIDE2020 said:
He seems a nice lad Rashford.

I wouldn't know if he had profited from his campaigning, it would be hard to imagine that he hadn't done but I certainly wouldn't have a problem with that.

I couldn't care less whether or not he decided to take a penalty or not and my opinion of him wouldn't change because he didn't manage to convert after he decided to take one.

He appears to have a strong opinion on free school meals and on how they should be funded, regularly suggesting that the Government should use tax revenues to help with things.

Again, I certainly wouldn't have a problem with anybody offering advice to the Government on the distribution of tax revenues and I'm sure that many would agree with the advice that Rashford kindly offers the Government.

I certainly have no problem with the huge amount of money that he earns from football, both on and off the field or with how he chooses to manage his tax affairs.

I was just wondering whether or not young Marcus was aware that if he had declared a recent loan of £995k that he issued himself from Marcus Rashford Ltd as PAYE earnings this would have resulted in him paying an additional £400k in tax ?

I just wanted to make sure he was aware of this and that his actions meant that tax revenues were £400k less than they could have been ?

Now I know £400k is not a huge sum of money on the grand scheme of things but it could be used to help fund various projects - not for me to say but I'm thinking that some might suggest school dinners for the less fortunate ?
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Just a few comments.

First I hope you’ve got your figures right.

Secondly when I last looked loans to directors and shareholders in excess of £10k were taxable as a benefit in kind. I’m not sure it’s correct therefore to infer loans may have been made as a means of avoiding PAYE/income tax.

If you’ve got either of those things wrong then you’d be leaving yourself open to very expensive legal action. If you’re absolutely sure of your facts then hopefully you won’t have landed yourself in hot water. If you’re not sure of your facts then I’d seriously think about editing your post.

By the way it’s not a defence to say you were just repeating in good faith something you’d read on Twitter.

Good luck 🤞
 
SEASIDE2020 said:
He seems a nice lad Rashford.

I wouldn't know if he had profited from his campaigning, it would be hard to imagine that he hadn't done but I certainly wouldn't have a problem with that.

I couldn't care less whether or not he decided to take a penalty or not and my opinion of him wouldn't change because he didn't manage to convert after he decided to take one.

He appears to have a strong opinion on free school meals and on how they should be funded, regularly suggesting that the Government should use tax revenues to help with things.

Again, I certainly wouldn't have a problem with anybody offering advice to the Government on the distribution of tax revenues and I'm sure that many would agree with the advice that Rashford kindly offers the Government.

I certainly have no problem with the huge amount of money that he earns from football, both on and off the field or with how he chooses to manage his tax affairs.

I was just wondering whether or not young Marcus was aware that if he had declared a recent loan of £995k that he issued himself from Marcus Rashford Ltd as PAYE earnings this would have resulted in him paying an additional £400k in tax ?

I just wanted to make sure he was aware of this and that his actions meant that tax revenues were £400k less than they could have been ?

Now I know £400k is not a huge sum of money on the grand scheme of things but it could be used to help fund various projects - not for me to say but I'm thinking that some might suggest school dinners for the less fortunate ?
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If Rashford has taken a loan out of his Ltd Company, for £995K, that loan would already have been subject to Corporation Tax at 20%.... Whilst he has the loan, it would be subject to a payment of 3% interest back to the Ltd Company and if he still has the money by the end of the following tax year, then it would be subject to payment of 32.5% higher rate dividend tax, which would be repayable only when the loan was repaid.
 
BFC_BFC_BFC said:
If Rashford has taken a loan out of his Ltd Company, for £995K, that loan would already have been subject to Corporation Tax at 20%.... Whilst he has the loan, it would be subject to a payment of 3% interest back to the Ltd Company and if he still has the money by the end of the following tax year, then it would be subject to payment of 32.5% higher rate dividend tax, which would be repayable only when the loan was repaid.
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Bit worrying for the Poster if he’s got it as badly wrong as that I’d think.
 
Mexboroseasider said:
Just a few comments.

First I hope you’ve got your figures right.

Secondly when I last looked loans to directors and shareholders in excess of £10k were taxable as a benefit in kind. I’m not sure it’s correct therefore to infer loans may have been made as a means of avoiding PAYE/income tax.

If you’ve got either of those things wrong then you’d be leaving yourself open to very expensive legal action. If you’re absolutely sure of your facts then hopefully you won’t have landed yourself in hot water. If you’re not sure of your facts then I’d seriously think about editing your post.

By the way it’s not a defence to say you were just repeating in good faith something you’d read on Twitter.

Good luck 🤞
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Mex

Thanks for the legal advice, unless you are planning on invoicing me.

I was just providing free advice myself, my advice was to young Marcus as I know how strongly he feels about the Government providing free school meals and I was just making sure he considered all options before making a decision.

I was concerned that he might not have considered all the options available to him.

I will delete my post Mex, I can't be sure about my figures, they will have gone up by now.
 
Mexboroseasider said:
Just a few comments.

First I hope you’ve got your figures right.

Secondly when I last looked loans to directors and shareholders in excess of £10k were taxable as a benefit in kind. I’m not sure it’s correct therefore to infer loans may have been made as a means of avoiding PAYE/income tax.

If you’ve got either of those things wrong then you’d be leaving yourself open to very expensive legal action. If you’re absolutely sure of your facts then hopefully you won’t have landed yourself in hot water. If you’re not sure of your facts then I’d seriously think about editing your post.

By the way it’s not a defence to say you were just repeating in good faith something you’d read on Twitter.

Good luck 🤞
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Mex

There was no point in deleting it after you had replied !!!!!!!!!!!!
 
BFC_BFC_BFC said:
If Rashford has taken a loan out of his Ltd Company, for £995K, that loan would already have been subject to Corporation Tax at 20%.... Whilst he has the loan, it would be subject to a payment of 3% interest back to the Ltd Company and if he still has the money by the end of the following tax year, then it would be subject to payment of 32.5% higher rate dividend tax, which would be repayable only when the loan was repaid.
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You are not considering an EBT though.
 
Mexboroseasider said:
What? So 2020 got that wrong as well?

Blimey.
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Mex

Why are you getting so excited ?

I was just suggesting to young Marcus that although I have absolutely no problem with his huge wealth or any tax avoidance schemes that he may use, it might be an idea to consider a different tax scheme, one that could perhaps result in the Government receiving more money that they could use to fund free school dinners.

If my figures were not exactly correct then it doesn't change anything.

I may have said MUFC when it should be MUSC but I'm not sure what difference that makes.

I have no problem with any footballer earning a fortune or with them doing whatever they can to pay as little tax as possible, just about all footballers will do just the same as what Rashford does except they won't spend so much time telling the Government what to do with tax revenues.

There was a recent investigation and only Kante at Chelsea was daft enough to pay the full PAYE and NI.
 
SEASIDE2020 said:
Mex

Why are you getting so excited ?

I was just suggesting to young Marcus that although I have absolutely no problem with his huge wealth or any tax avoidance schemes that he may use, it might be an idea to consider a different tax scheme, one that could perhaps result in the Government receiving more money that they could use to fund free school dinners.

If my figures were not exactly correct then it doesn't change anything.

I may have said MUFC when it should be MUSC but I'm not sure what difference that makes.

I have no problem with any footballer earning a fortune or with them doing whatever they can to pay as little tax as possible, just about all footballers will do just the same as what Rashford does except they won't spend so much time telling the Government what to do with tax revenues.

There was a recent investigation and only Kante at Chelsea was daft enough to pay the full PAYE and NI.
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Do you not think phrases like no problem..with tax avoidance schemes he might use, might lead to the casual reader assuming that he is avoiding tax, with all the negative connotations that has.
 
It’s not that your figure ‘aren’t exactly correct’ so much as that the whole basis of your inference has no merit.

What is the reason for going down that road at all….?
 
SEASIDE2020 said:
Mex

Why are you getting so excited ?

I was just suggesting to young Marcus that although I have absolutely no problem with his huge wealth or any tax avoidance schemes that he may use, it might be an idea to consider a different tax scheme, one that could perhaps result in the Government receiving more money that they could use to fund free school dinners.

If my figures were not exactly correct then it doesn't change anything.

I may have said MUFC when it should be MUSC but I'm not sure what difference that makes.

I have no problem with any footballer earning a fortune or with them doing whatever they can to pay as little tax as possible, just about all footballers will do just the same as what Rashford does except they won't spend so much time telling the Government what to do with tax revenues.

There was a recent investigation and only Kante at Chelsea was daft enough to pay the full PAYE and NI.
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Daft has a negative connotation for an act that is anything but negative in the bigger picture. I have no real choice but to pay full PAYE and NI. But I’m proud that I do.
 
Wizaard said:
Do you not think phrases like no problem..with tax avoidance schemes he might use, might lead to the casual reader assuming that he is avoiding tax, with all the negative connotations that has.
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Wiz,

I am not spending all night on this one but will afford you a reply as you ask a fair question whether or not I agree with what you say.

I said tax avoidance and not tax evasion and although you might be right in what you say re the assumption of casual readers, they would be right in assuming that Rashford uses tax avoidance schemes which result in him paying less PAYE contributions.

I have absolutely no problem with him doing this and would certainly do exactly the same if I was in the same financial position as him.

Nearly all footballers in similar financial positions to him, also use tax avoidance schemes but they don't spend as much time as he does chunnering on about how the Government should be using tax revenues to pay for free school meals.
 
All available on the HMRC website. No need for everyone to have an argument About it.
 
BFC_BFC_BFC said:
It’s not that your figure ‘aren’t exactly correct’ so much as that the whole basis of your inference has no merit.

What is the reason for going down that road at all….?
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Rashford uses tax avoidance schemes which result in him paying less PAYE contributions.

He does this at the same time he is telling the Government how to distribute tax revenues.

He is not breaking the law but some people will not look on such actions positively.

That any figures aren't exactly correct changes nothing on here whether you like it or not.

I won't be spending any more time discussing this with you.
 
It’s absolutely ridiculous to think that a modern day Premier League footballer would be paid a wage and subject to PAYE…

It largely has fuck all to do with Tax Avoidence, (though it would always be appropriate to plan tax properly, when earning such large amounts) and everything to do with the practicalities.

Marcus Rashford Ltd, will employ and pay a range of individuals, consultants, agents, employees as well as potentially making other investments, alternative sources of income etc.. and a Ltd Company is the most sensible and practical vehicle for it.

The days when payment through dividend has significant advantages over PAYE are long gone.
 
SEASIDE2020 said:
Rashford uses tax avoidance schemes which result in him paying less PAYE contributions.

He does this at the same time he is telling the Government how to distribute tax revenues.

He is not breaking the law but some people will not look on such actions positively.

That any figures aren't exactly correct changes nothing on here whether you like it or not.

I won't be spending any more time discussing this with you.
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You’ve got no idea what you are talking about …
 
straightatthewall said:
Daft has a negative connotation for an act that is anything but negative in the bigger picture. I have no real choice but to pay full PAYE and NI. But I’m proud that I do.
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Straighters

Apologies if I appeared overly flippant and there is no problem with you being proud that you pay your full PAYE and NI.

Rashford doesn't do this as he uses tax avoidance schemes that result in him making smaller PAYE contributions but I've got to be honest with you and I would do exactly the same if I was in the same position as Rashford.

Apologies if the figures I used were not exactly correct but that changes nothing.
 
BFC_BFC_BFC said:
It’s absolutely ridiculous to think that a modern day Premier League footballer would be paid a wage and subject to PAYE…

It largely has fuck all to do with Tax Avoidence, (though it would always be appropriate to plan tax properly, when earning such large amounts) and everything to do with the practicalities.

Marcus Rashford Ltd, will employ and pay a range of individuals, consultants, agents, employees as well as potentially making other investments, alternative sources of income etc.. and a Ltd Company is the most sensible and practical vehicle for it.

The days when payment through dividend has significant advantages over PAYE are long gone.
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I don't know what I'm talking about and you are an absolute genius.

It's tax avoidance and has everything to do with it.

Ngolo Kante pays full PAYE and NI on his full salary and has refused to receive part of his salary as image rights.

The same can not be said of Marcus Rashford.

Kante also doesn't spend as much time as Rashford does on advising the Government on the distribution of revenues from taxation.

Thanks for your advice above but you forgot to tell us that tomorrow is Thursday.
 
SEASIDE2020 said:
I don't know what I'm talking about and you are an absolute genius.

It's tax avoidance and has everything to do with it.

Ngolo Kante pays full PAYE and NI on his full salary and has refused to receive part of his salary as image rights.

The same can not be said of Marcus Rashford.

Kante also doesn't spend as much time as Rashford does on advising the Government on the distribution of revenues from taxation.

Thanks for your advice above but you forgot to tell us that tomorrow is Thursday.
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There’s a huge difference between so called Tax Avoidance and proper tax planning 2020.

Legitimate and legal arrangements are in place to deal with the matter of Image Rights, something which would clearly affect MR more than Ngolo Kante.
 
BFC_BFC_BFC said:
There’s a huge difference between so called Tax Avoidance and proper tax planning 2020.

Legitimate and legal arrangements are in place to deal with the matter of Image Rights, something which would clearly affect MR more than Ngolo Kante.
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BFC x 3

Firstly, I would like to apologise for my last response to you, it was stupid and there was no need for it.

Yes, there is a difference between tax avoidance and tax planning but I'm sure many would suggest that failure to use tax avoidance schemes would be as a result of poor tax planning.

There is absolutely no doubt that Marcus Rashford will earn more off the field than Kante as you appear to suggest but I'm sure you will be aware that it is not uncommon for footballers to receive part of their salary as image rights regardless of whether their image has any real worth or not, mainly because it is better for the player for tax purposes and I'm guessing it may make a club in a certain country more attractive than one in another country and may help a club attract a player they are competing for.

I am also sure that you have a far, far greater knowledge of tax laws than me.

I stand by my opinion that Marcus Rashford uses tax avoidance schemes - I apologise if the figures I used were incorrect - but let me make things clear, I can honestly say I have absolutely no problem with the amount he earns or with him using tax avoidance schemes because it's better for him to do so and I know I would do exactly the same as him if I was in the same position.

I'm also fairly sure that I will not be the only person on the planet who is of the opinion that it's a bit rich him using tax avoidance schemes after advising the Government on the distribution of tax revenues.

Again, I apologise for my last response to you and for any other flippant remarks I have made on this thread to you or anybody else.

Sorry.
 
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