TaxPersonal TaxLabour’s attack on non-dom Ashcroft hits snag

Labour's attack on non-dom Ashcroft hits snag

Reports have emerged the Cabinet Office under a Labour government struck a deal with Ashcroft on his residency status

Labour efforts to use Lord Ashcroft’s revelation of his non-dom status as
political ammunition appears to have backfired.

Labour seized upon the fact the Tory vice chairman does not pay UK tax on a
reported £1bn of assets he holds offshore, after the peer confirmed his non-dom
status this week.

However, The Cabinet Office revealed that it endorsed a deal with the
Conservatives in 2000 before Lord Ashcroft received his peerage, approving his
eligibility as “a long-term resident”, according to
the
Daily Mail

Further reading:

Ashcroft
reveals non-dom status

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