Tax experts' advice to Nadhim Zahawi: Simplicity is key to avoid 'careless' run-ins with HMRC

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Tax experts' advice to Nadhim Zahawi: Simplicity is key to avoid 'careless' run-ins with HMRC
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Tax experts say the row engulfing Nadhim Zahawi could have been avoided by following a familiar piece of advice: keep it simple 🔎 Analysis by cahalmilmo

Analysis

Conservative Party Chairman Nadhim Zahawi is fighting for his political life amid turmoil over his tax affairs Tax experts say the row engulfing Nadhim Zahawi could have been avoided by following a familiar piece of advice: keep it simple.amid turmoil over his tax affairs, they highlighted the benefits of a simplified approach to the structuring of company finances.

The former chancellor has confirmed making a payment to settle a dispute with HM Revenue & Customs following a “careless and not deliberate” error in tax calculations concerning Balshore.

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