The Liberal Democrats have questioned the eligibility of a candidate in line
for the Lloyds Banking Group chairman role because he is non-domiciled.
Ron Sandler – currently chairman of Northern Rock – is only taxed on his UK
income and not on overseas income or gains, according to
Lord Oakeshott, Treasury spokesman for the Liberal Democrats, said: ‘The
chairman of a nationalised, or part-nationalised, bank should not be a non-dom.
‘Ron Sandler should not become chairman of Lloyds.’
Sandler was born in Zimbabwe and carries a German passport.
Andrew Tyrie airs views on the Finance Bill, 'Making Tax Policy Better' report, and Brexit
Drastically fewer offices for HMRC in the hope to reduce their running costs
Laurence Field, the head of tax at national audit, tax and advisory firm Crowe Clark Whitehill outlines the 6 'unexpected items' regarding HMRC's Making Tax Digital plans
Many working in professional services have received honours this new year from the Queen