Heather Kidd expressed outrage after Liberal Democrat research revealed that Tory party donor Lord Ashcroft is estimated to have saved £127m in tax. It is estimated he has saved more than £127m in British tax since he became a member of the House of Lords, according to Liberal Democrat research.
Lord Ashcroft’s annual tax saving is conservatively estimated to be £12.76m and he has been a member of the House of Lords for a decade.
Commenting, Liberal Democrat Parliamentary Candidate for Ludlow, Heather Kidd, said:
“Anyone who wants to pass laws in this country should pay this country’s full taxes and not hide behind the special offshore status of non-doms. Non-doms have to tell the taxman that their first allegiance is to another country. No-one should be a British lawmaker whose first allegiance is not to Britain. On even the most conservative estimates, Lord Ashcroft has avoided vast amounts of British tax by deploying the non-dom tax dodge. If he challenges our estimate of how much tax he has dodged, then there is a simple solution: publish the figure. The amount of money that he has cost hard working Shropshire tax payers is outrageous.”
Heather continued “Just when we thought all the scandal over parliamentary sleaze was over it appears that the biggest scandal is just beginning.”