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Saturday 28 November 2009

Hypocritical Tories - Zac Goldsmith admits to being a 'non-dom' and avoiding paying tax in UK

Another week and another Tory being a complete hypocrite shock, this week it is the turn of Zac Goldsmith who has finally admitted being a 'non-dom', short for non-domicile tax status, enabling him to avoid paying sums of tax on his estimated £200million personal fortune.

David Cameron's green advisers disclosure further risks embarrassing the Conservative party, he confirmed that he is a “non-dom” who can legitimately escape paying tax on his inheritance from his late father, Sir James Goldsmith. Much of it is held offshore to The Sunday Times.

Zac Goldsmith, who is the Tory candidate in Richmond Park has told The Sunday Times that he plans to give up his non-dom status next year. Hmmm, is it a coincidence that the general election is next year?
Well, I really hope Susan Kramer MP will ensure every voter in Richmond Park knows about this tax avoidance from the Tory candidate, how on earth can the Tories criticise tax plans from the government when members of David Cameron's team are not paying their share?

The Tories have long criticised non-doms for avoiding tax. George Osborne, the shadow chancellor, has pledged to impose a £25,000 annual levy on their wealth. While Lord Ashcroft, the party’s biggest donor, is under pressure to confirm his tax status to comply with promises made when he took a peerage. But here we have one of their big names openly admitting tax avoidance.

Zac Goldsmith's comment has draw criticism from key opposition politicians including Lord Matthew Oakeshott, the Liberal Democrat Treasury spokesman in the House of Lords who said to The Sunday Times: “Cameron must sack Zac Goldsmith as a candidate now. He’s not fit to sit in parliament, when he’s claimed non-dom status all his life to keep his offshore hundreds of millions free of income, capital gains or inheritance tax. He must pay the millions he’s dodged to the British taxman.”

Well done to Matthew, absolutely spot on.

George Osborne and David Cameron say one thing to the public to try and get votes and here we see how they act in private, utterly appalling and once again highlights their hypocritical approach and attitude.

1 comment:

Matthew Huntbach said...

Mr Goldsmith's father was one of those keen to wind up people with the idea that the European Union was some evil conspiracy of foreigners taking control of Britain.

Funny how all those supposed defenders of "UK Independence" don't seem to feel bothered by people claiming their home is some small island in the Caribbean being in control of so much of our economy, and now even wanting to be elected to our Parliament, making rules for taxation which they won't need to pay themselves, or maybe rules to enable them to salt away their profits and run this country dry, so they can go back to their little islands and live lives of luxury once they've complete wrecking this country.

Why aren't people shouting out in anger of over this? Why is the party of such people looking like it will win the next election?

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