Angela Rayner cleared by HMRC on capital gains tax from sale of former home

The tax authority recently confirmed that Angela Rayner, the Labour deputy leader, did not owe any tax on her house in Stockport because it was her main residence while she owned it. The police in Greater Manchester investigated claims that Rayner wrongly declared her address on the electoral register, but found no wrongdoing. They shared information with HMRC and Stockport council, who also decided not to take any further action. HMRC stated that no capital gains tax was due on the sale of Rayner's former home, agreeing that it was her main residence. Rayner bought the property in 2007 with a discount, and later sold it in 2015 for a profit without owing capital gains tax. The Conservatives had pressured the police to investigate Rayner's living arrangements and tax declarations, but she maintained her innocence throughout. After the police cleared her of any wrongdoing, Rayner criticized the Conservatives for distracting from real issues by targeting her. She called for an investigation into whether Tory MPs should be held accountable for wasting police time. In conclusion, Angela Rayner was found to have followed the law regarding her property and tax matters. The police and HMRC investigations confirmed that she did not evade tax or break any rules. Rayner stood her ground against accusations and emerged with a clean record.