What does £10,000 mean to you? To Zac Goldsmith it’s a “very marginal tax benefit”

Under pressure from a deeply unhappy David Cameron, the Tories’ ‘trustafarian millionaire’ candidate for Richmond Park, Zac Goldsmith, has at long last pledged to end his non-dom status with immediate effect – his original plan, before the row sparked by the original Sunday Times revelations, was to become a full UK taxpayer next year.

But you’ve got to love this ‘man of the people’ quote from his spokesman, who, when asked how much the change in tax status would cost Mr Goldsmith, replied:

The benefits were very marginal. I don’t know if it is £10 or £10,000.”

Hat-tip: the Evening Standard’s Paul Waugh.

Read more by or more about , , or .
This entry was posted in News.
Advert

6 Comments

  • If it was of marginal benefit, why bother? Hmm.

  • His accountants must be pretty useless if they can’t pin down the figure more closely than that. Or is this mor smoke and mirrors on Goldsmith’s behalf? A neat soundbite like that deflects more rigorous questioning by lazy journalists.

  • Hmm, I suspect that the tax on income from a £200m fortune would be rather more than £10 000 or else I’d be asking questions of my investment advisors if I were him.

    Unless of course he is just going to use other tax avoidance measures to avoid paying all the tax he would otherwise have to

  • David Blake 4th Dec '09 - 7:41am

    Does this mean that he will also pay the going rate for rent for the house which he lives in?

  • Houses, surely?

One Trackback

  • […] local difficulty by shrugging off a tax saving of £10,000 as if it essentially the same thing as a tenner he might lose down the back of a sofa. This was a highly charged political statement. What he was saying was: “I’m safe and I […]

Post a Comment

Lib Dem Voice welcomes comments from everyone but we ask you to be polite, to be on topic and to be who you say you are. You can read our comments policy in full here. Please respect it and all readers of the site.

If you are a member of the party, you can have the Lib Dem Logo appear next to your comments to show this. You must be registered for our forum and can then login on this public site with the same username and password.

To have your photo next to your comment please signup your email address with Gravatar.

Your email is never published. Required fields are marked *

*
*
Please complete the name of this site, Liberal Democrat ...?

Advert



Recent Comments

  • User AvatarDavid Wright 10th Aug - 11:06am
    Don't forget that local government elections in Scotland ALREADY use STV - part of the devolution measures worked out between Labour’s Robin Cook and Liberal...
  • User AvatarPeter Martin 10th Aug - 11:03am
    "..... and since Boris Johnson is clearly not up to the job" The same thing was said about Ronald Reagan but he went down as...
  • User AvatarKatharine Pindar 10th Aug - 10:36am
    It's unlikely that Labour will split, Nonconformistradical, for the same reason that the Conservatives didn't split when Boris Johnson was getting rid of his Chancellor...
  • User AvatarPeter Martin 10th Aug - 10:30am
    " I am passionate about devolving power" Lib Dems are fond of saying this kind of thing. But what is really meant is the devolution...
  • User AvatarRabi Martins 10th Aug - 9:52am
    @Peter Hirst I partly agree with you that simply dwelling in the past will not being about the change we need But neither will ignoring...
  • User AvatarAndy Hyde 10th Aug - 9:41am
    Ian, I don’t think the situation has changed in the last 100 years, but the Sligo Corporation Act of 1918 a private bill, introduced STV...