TORY chairman Nadhim Zahawi’s tax problems are a bigger headache for the Prime Minister than he has yet acknowledged.
Zahawi pleads that it was mere carelessness that saw him forced to pay HMRC nearly £5 million in unpaid tax (inclusive of a penalty) while he was, er, the Chancellor of the Exchequer.
Financial sloppiness isn’t a great look for a chancellor, but in Zahawi’s defence he’s admitted to it before. It was after all a “genuine mistake” that saw him claim thousands in expenses to heat the stables for a horse-riding school on his Warwickshire estate.
Labour rails at Conservative “corruption and cronyism,” but the fundamental issue is more basic still. This is a government of the rich, for the rich, by the rich and it is making us poorer.
The Conservative party chair, Nadhim Zahawi, agreed to pay a penalty to HMRC as part of a seven-figure settlement over his tax affairs, the Guardian has been told.
The former chancellor, who still attends the cabinet, has been subject to extensive questions in parliament and the media in recent days after it emerged he agreed to pay millions to HMRC in December after a settlement with the tax agency.
The Guardian has now been told that the former chancellor paid a penalty imposed by HMRC – part of an estimated £5m tax bill.
Penalties are applied if someone does not pay the correct tax at the right time.
Asked repeatedly about the penalty, Zahawi’s spokesperson did not deny one had been paid. Nor did they offer any explanation or clarification about the sums involved.
The former chancellor’s tax avoidance scheme, which has left his political career in the balance, was uncovered by an independent tax expert who Zahawi then tried to frustrate through legal means. Here’s how he did it
TORY attempts to use the war in Ukraine to justify yet more real-terms pay cuts for public workers is a “new low for this government,” unions stressed today.
The charge came after Conservative Party chairman Nadhim Zahawi claimed inflation-proof wage boosts would further stoke rising prices amid Russian President Vladimir Putin’s ongoing assault on Kiev.
“Unions should rethink and reflect on the damage and disruption to people’s lives and livelihoods at Christmas because that is exactly what Putin wants to see — let’s not divide, let’s come together.”
However, the Royal College of Nursing, which is due to launch its first ever national NHS strike over pay and declining patient safety on December 15, said the public “does not believe this kind of rhetoric and wants ministers to address our dispute.”