| Nadhim Zahawi income tax 09:26 - Jul 23 with 1194 views | Basuco |
Things are getting interesting on this according to Dan Neidle, who says he is a tax expert, this letter was sent to him.
https://www.taxpolicy.org.uk/2022/07/22/letters/
Not good if what Dan is reporting is true, if it is not true Mr Zahawi needs to offer an explanation as to why he did not avoid paying UK tax. I do not understand these things but it does not look very good.
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| Nadhim Zahawi income tax on 11:40 - Jul 23 with 1047 views | XYZ |
Indeed, this does have a murky look.
His explanation of the arrangement potentially brings Income Tax (50% + 13.8% NICs) into play rather than just CGT (10% in 2010 I believe).
It could be a case of creating a £15m tax liability whilst trying to avoid £3m. |  | | |
| Nadhim Zahawi income tax on 00:19 - Jul 24 with 840 views | factual_blue |
A Google search suggests he is a VERY high-powered tax lawyer. |  |
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