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The Voice

Tory donor pays £2m to taxman after judge rules against Guernsey trust

By The Voice | Sun 22nd July 2012 - 11:35 am

The Mail on Sunday reports:

One of the Tory party’s biggest donors has been ordered to pay back millions of pounds in tax after a judge ruled against an offshore scheme he had used to slash his bills.

The judge said a Guernsey-based trust set up by hedge fund boss George Robinson, one of the City’s highest-paid financiers, was ‘cosmetic’ and told him and three colleagues to pay the taxman £13 million.

Mr Robinson, who is facing a personal bill of more than £2 million, used an arrangement favoured by top footballers and City banks such as Goldman Sachs after being advised it could

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