Top 25 firm Wilkins Kennedy handled tax affairs for John Bercow, the new
Speaker of the House of Commons who has come under fire for ‘flipping’ the
designation of his second home, a move which avoided £6,508 of capital gains
He racked up nearly £1,000 of advice from the firm for help filling in his
tax returns which he claimed for on Commons expenses. Accountancy Age
was unable to confirm whether the firm advised Bercow on CGT.
Parliamentary records showed he claimed £481.75 and £487.62 respectively in
2007 and 2008 for the cost of a chartered accountant to prepare and submit his
self-assessment tax returns.
Bercow touted himself as the ‘clean break’ Speaker after the expenses scandal
that has hit Westminster in recent months, vowing to restore public faith in
He has denied any wrong-doing but has said he will pay HM Revenue &
Customs £6,508 ‘voluntarily’ to cover the CGT he might have otherwise have paid
on the sale of one of his homes.
Wilkins Kennedy was unavailable for comment before going to press.
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