Nadhim Zahawi: Questions remain over former chancellor's 'seven-figure settlement' with HMRC

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Nadhim Zahawi: Questions remain over former chancellor's 'seven-figure settlement' with HMRC
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Reports over the weekend claimed the former chancellor had agreed to pay millions to end a dispute with the tax office, but he has failed to confirm or deny the claims.

Questions about the tax dealings of Nadhim Zahawi continue to swirl around Westminster following reports the former chancellor agreed to pay a seven-figure settlement to HMRC.

An article in The Sun on Sunday claimed a payment worth millions of pounds was made by the Conservative Party chairman to end a dispute with the tax office"after scrutiny of his family's financial affairs". The paper alleged there were questions over his use of an offshore company - a Gibraltar-registered family trust called Balshore Investments - to hold shares in the polling firm YouGov.Warning of 'full-blown crisis' over gender reform bill veto

Sky News has made a number of approaches to the Tory MP and his team to clarify the situation around the payment to HMRC, but he has still not revealed if the report is accurate. Instead, a spokesperson for the Tory MP said:"Mr Zahawi's tax affairs were and are fully up to date and are paid in the UK.HMRC will not comment on individual cases.

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