Tag Archives: lord bagri

And another two peers quit the Lords rather than pay full tax

I’d mentioned previously that Conservative peers McAlpine and Laidlaw have chosen to quit the Lords rather than have to end their non-dom tax status. With the deadline for making a final decision approaching they have been joined by a third Conservative peer – Lord Bagri – and a crossbencher – Baroness Dunn.

A fourth Conservative peer, Lord Ashcroft, has instead given up his non-dom status as has the Labour peer, Lord Paul.

UPDATE: Lord Foster has also quit the Lords in order to preserve his tax status, though from the Parliamentary records it doesn’t looks as if he was ever …

Posted in News | Also tagged , , , , , and | 1 Comment
Advert

Recent Comments

  • Anders Larson
    @Andrew Melmoth - link me to his portfolio and we will see....
  • Andrew Melmoth
    - Anders Larson Ok, let's take a concrete example. The Duke of Westminster inherited land and property worth £9 billion while paying comparatively little inhe...
  • paul barker
    80 arrests today, including an 81 year old ex-magistrate. At some point Labour are going to have to find a way to make another U-turn & the longer they wait...
  • ANDERS LARSON
    @Andrew Melmoth That’s exactly the problem. You’re describing 20th century fixed assets, not capital as it actually operates today. The wealthiest don’t j...
  • Andrew Melmoth
    How do you move a mansion, a grouse moor, a football club, or a chain of high street stores? The rich own assets. Some of those assets are mobile. Some aren't....