Nadhim Zahawi

TORY chairman Nadhim Zahawi's position is “untenable” after reports that he paid a penalty as part of a multimillion-pound tax settlement,…

A deliberate error can incur a penalty of between 20% and 70%. “I believe his position is untenable. I’m sure there’ll be the proper transparency”. Raab told Sky News: “I can’t speak for the personal tax affairs of a colleague, but what I would say is that Nadhim has been very clear that he’s paid all the tax that he’s owed, that he’s paid it on time, that there’s nothing outstanding due, and I think that’s of course right and proper. “And when you’re the chancellor, who is in charge of the tax affairs of the UK, and you’ve got a wealth of that nature, you would be expected to know about your tax affairs or to seek that advice at the time, as opposed to not paying those taxes and having to pay a penalty notice. [paid a penalty as part of a multimillion-pound tax settlement](https://www.thenational.scot/news/23265546.nadhim-zahawi-paid-penalty-amid-5m-tax-dispute-hmrc/), [Labour](https://www.thenational.scot/politics/labour/) have said.

Conservative Party chair Nadhim Zahawi is under pressure as revelations about his tax affairs lead to Opposition calls for his resignation. Labour's deputy ...

He is proud to have built a British business that has become successful around the world,” they said. as he has previously stated, his taxes are properly declared and paid in the UK. After interest charges, the final settlement is believed to be more than £5m. However, Deputy Prime Minister Dominic Raab said Mr Zahawi had been “very transparent”. He has denied this. He added: “He has been clear that all of his tax owed to HMRC are up to date and paid in full”.

Nadhim Zahawi has been "transparent" about his tax affairs, the deputy prime minister says, amid reports the former chancellor paid an HMRC penalty as part ...

as he has previously stated, his taxes are properly declared and paid in the UK." Speaking to BBC Radio 4's Today programme, Deputy Prime Minister Mr Raab said Mr Zahawi "has been transparent about the fact that all of the tax has been paid and he doesn't have any tax outstanding". "He has been clear that all of his tax owed to HMRC are up to date and paid in full," Mr Raab added. Dominic Raab told the BBC "all the tax owed has been paid" and it was for Mr Zahawi to answer any further questions. [the Guardian](https://www.theguardian.com/uk-news/2023/jan/20/nadhim-zahawi-agreed-on-penalty-to-settle-tax-bill-worth-millions), Mr Zahawi has had to pay back tax he owed with a 30% penalty and the total amounts to £4.8m. Nadhim Zahawi has been "transparent" about his tax affairs, the deputy prime minister says, after reports the Tory Party chairman paid a penalty to HMRC.

Conservative Party chairman Nadhim Zahawi was reportedly forced to pay the penalty as part of an estimated £5 million settlement with HMRC over the sale of ...

As he has previously stated, his taxes are properly declared and paid in the UK.' She added: 'I believe his position is untenable. Asked whether he is confident that Mr Zahawi is being open and honest about his tax affairs, Mr Raab said: 'Yes, I think he has been in the way I've described.' 'And when you're the chancellor, who is in charge of the tax affairs of the UK, and you've got a wealth of that nature, you would be expected to know about your tax affairs or to seek that advice at the time as opposed to not paying those taxes and having to pay a penalty notice.' Conservative Party Chairman Nadhim Zahawi paid an estimated £5 million to HMRC in a tax settlement, including a 30 per cent penalty on the tax owed [Nadhim Zahawi](/news/nadhim-zahawi/index.html) to resign after it was revealed he paid a penalty to [HMRC](/news/hmrc/index.html) as part of a multi-million pound tax settlement.

Tory Party Chairman Nadhim Zahawi is under pressure over claims he tried to avoid tax and had to pay it back.

as he has previously stated, his taxes are properly declared and paid in the UK." Speaking to BBC Radio 4's Today programme, Deputy Prime Minister Mr Raab said Mr Zahawi "has been transparent about the fact that all of the tax has been paid and he doesn't have any tax outstanding". "He has been clear that all of his tax owed to HMRC are up to date and paid in full," Mr Raab added. Dominic Raab told the BBC "all the tax owed has been paid" and it was for Mr Zahawi to answer any further questions. [the Guardian](https://www.theguardian.com/uk-news/2023/jan/20/nadhim-zahawi-agreed-on-penalty-to-settle-tax-bill-worth-millions), Mr Zahawi has had to pay back tax he owed with a 30% penalty and the total amounts to £4.8m. Nadhim Zahawi has been "transparent" about his tax affairs, the deputy prime minister says, after reports the Tory Party chairman paid a penalty to HMRC.

Angela Rayner calls for explanation after it emerged former chancellor paid 30% penalty to settle tax bill.

Zahawi founded YouGov in 2000 and Balshore had sold its stake in the business [by 2018](https://www.theguardian.com/uk-news/2023/jan/15/nadhim-zahawi-to-pay-millions-in-tax-after-dispute-over-family-finances). “I don’t know the full details of Nadhim’s tax affairs because they are personal,” he said. [has said](https://www.theguardian.com/uk-news/2023/jan/15/nadhim-zahawi-to-pay-millions-in-tax-after-dispute-over-family-finances) “he does not have, and never has had, an interest in Balshore Investments and he is not a beneficiary”. “I believe his position is untenable. Asked if Zahawi should give a statement to the Commons, Raab added: “That’s a matter for him but what I’d emphasise is he has been transparent about the fact that all the tax has been paid and he doesn’t have any tax outstanding.” [Dominic Raab](https://www.theguardian.com/politics/dominic-raab), told BBC Radio 4’s Today programme Zahawi had been “transparent about the fact all the tax has been paid”.

Labour's deputy leader Angela Rayner said Mr Zahawi's position was “untenable” after the multi-millionaire former Chancellor agreed to pay more than £3m in tax ...

He is proud to have built a British business that has become successful around the world,” they said. as he has previously stated, his taxes are properly declared and paid in the UK. After interest charges, the final settlement is believed to be more than £5m. However, Deputy Prime Minister Dominic Raab said Mr Zahawi had been “very transparent”. She said: “Dominic Raab, who’s being investigated for bullying, is passing judgment on Nadhim Zahawi, who’s just had a £1 million fine for not paying his taxes on time. Labour’s shadow chancellor Rachel Reeves also turned fire on Mr Zahawi in a speech on Saturday.

Reports suggest the Conservative Party chairman has paid a seven-figure sum to settle a tax dispute with HMRC.

A deliberate error can incur a penalty of between 20 per cent and 70 per cent. I’m sure there’ll be the proper transparency”. [Sky News](/topic/sky-news): “I can’t speak for the personal tax affairs of a colleague, but what I would say is that Nadhim has been very clear that he’s paid all the tax that he’s owed, that he’s paid it on time, that there’s nothing outstanding due, and I think that’s of course right and proper. [Prime Minister](/topic/prime-minister) [Dominic Raab](/topic/dominic-raab) defended his colleague, saying Mr Zahawi “has been very clear that he’s paid all the tax that he’s owed” and “if there’s further questions… [Nadhim Zahawi](/topic/nadhim-zahawi)’s position is “untenable”, [Labour](/topic/labour) has said following reports that he paid a penalty as part of a multimillion-pound tax settlement. [The Guardian](/topic/the-guardian) reported that Mr Zahawi paid a 30 per cent penalty, taking the estimated total tax bill to more than £4.8million.

The Tory party chairman is under pressure after it was claimed he paid a penalty of more than £1m to settle a probe into his tax affairs.

“Nadhim Zahawi still needs to explain when he became aware of the investigation, and if he was chancellor and in charge of our tax system at the time. He needs to explain why his legal representatives said his affairs were up to date in December last year only for him to settle a million pound fine this month. When I was appointed by the Prime Minister, all my tax affairs were up to date.” This matter was resolved prior to my appointments as chancellor of the duchy of Lancaster and subsequently chairman of the party I love so much. They concluded that this was a ‘careless and not deliberate’ error. At the time Mr Zahawi was an executive director of YouGov.

Nadhim Zahawi has released a statement to address confusion regarding reports claiming he paid a penalty as part of a multimillion-pound tax…

When I was appointed by the Prime Minister, all my tax affairs were up to date.” A deliberate error can incur a penalty of between 20% and 70%. This matter was resolved prior to my appointments as chancellor of the duchy of Lancaster and subsequently chairman of the party I love so much. They concluded that this was a ‘careless and not deliberate’ error. So I asked my father to help. [Zahawi said](https://www.southwalesguardian.co.uk/news/national/23261010.labour-says-questions-remain-unanswered-nadhim-zahawi-tax-dispute-claims/): “As a senior politician I know that scrutiny and propriety are important parts of public life.

Tory chairman issues statement to 'address some of the confusion about my finances' amid reports he paid penalty of over £1m to HMRC.

Asked whether he would still be the Tory chairman in a month, Mr Raab replied: “A month’s a long time in politics. When I was appointed by the Prime Minister, all my [tax affairs](https://www.telegraph.co.uk/politics/2023/01/19/hmrc-pressure-reveal-whether-nadhim-zahawi-paid-tax-penalty/) were up to date.” In the statement, Mr Zahawi said he wanted to “address some of the confusion about my finances in the media”. The Telegraph understands that Labour is poised to make a similar written request to Sir Laurie. On Saturday night, ITV news reported that the Government’s propriety and ethics team raised Mr Zahawi’s tax affairs directly with Boris Johnson, who was prime minister at the time. In the process, he took founder shares in the business in exchange for some capital and his invaluable guidance.

The Prime Minister previously defended the Tory party chairman after it was revealed the Tory party chairman paid millions to HMRC to settle a tax dispute.

They concluded that this was a 'careless and not deliberate' error. "When I was being appointed chancellor of the Exchequer, questions were being raised about my tax affairs. [adhim Zahawi](/topic/nadhim-zahawi) has released a statement in order to address questions regarding his finances.

Tory Party Chairman Nadhim Zahawi says an error in his tax affairs was accepted by HMRC as having been "careless and not deliberate".

When I was appointed by the prime minister, all my tax affairs were up to date." "Twenty one years later, when I was being appointed chancellor of the exchequer, questions were being raised about my tax affairs. He was previously education secretary and before that, coronavirus vaccines minister. I've always declared my financial interests and paid my taxes in the UK." According to HMRC, tax avoidance involves bending the rules of the tax system to try to gain a tax advantage that Parliament never intended. They concluded that this was a 'careless and not deliberate' error. I am not aware of this. Tax avoidance is different from tax evasion, which is illegal. So I asked my father to help. Twenty-two years ago I co-founded a company called YouGov. "When we set it up, I didn't have the money or the expertise to go it alone. In the statement issued on Saturday afternoon, Mr Zahawi said: "As a senior politician I know that scrutiny and propriety are important parts of public life.

Comments follow reports that Tory party chair paid HMRC a penalty as part of a multimillion-pound tax settlement.

“If he’s lied and misled the public and HMRC regarding his tax affairs then I think his position is untenable.” When I was appointed by the prime minister, all my tax affairs were up to date.” “Twenty-one years later, when I was being appointed chancellor of the exchequer, questions were being raised about my tax affairs. “I believe his position is untenable,” she said. They concluded that this was a ‘careless and not deliberate’ error.” So I asked my father to help.

Labour questioned the Tory party chairman's claim that failing to pay millions of pounds worth of tax could be a simple matter of…

Is that correct?” He added: “Twenty one years later, when I was being appointed chancellor of the Exchequer, questions were being raised about my tax affairs. They concluded that this was a ‘careless and not deliberate’ error. “Nadhim Zahawi still needs to explain when he became aware of the investigation, and if he was chancellor and in charge of our tax system at the time. “Rishi Sunak needs to remove Nadhim Zahawi as party chair and set the record straight immediately – including about what he knew about the investigation into Zahawi at the time.” Mr Zahawi said the matter was resolved and “all my tax affairs were up to date” by the time he became Chancellor of Duchy of Lancaster last September.

Reports suggest the Conservative Party chairman has paid seven-figure sum to settle a tax dispute with HMRC.

A deliberate error can incur a penalty of between 20% and 70%. I’m sure there’ll be the proper transparency”. Labour’s shadow chancellor Rachel Reeves said: “A few months ago … Tax lawyer Dan Neidle has estimated that Mr Zahawi owed £3.7 million, and said that with interest that could be due on top of the reported 30% penalty, the total could be more than £4.8 million. Mr Raab told Sky News: “I can’t speak for the personal tax affairs of a colleague, but what I would say is that Nadhim has been very clear that he’s paid all the tax that he’s owed, that he’s paid it on time, that there’s nothing outstanding due, and I think that’s of course right and proper. Deputy Prime Minister Dominic Raab defended his colleague, saying Mr Zahawi “has been very clear that he’s paid all the tax that he’s owed” and “if there’s further questions…

The Tory party chair is under pressure after it was claimed he had paid a penalty of more than £1m to settle an investigation into his tax affairs.

“Nadhim Zahawi still needs to explain when he became aware of the investigation, and if he was chancellor and in charge of our tax system at the time. He needs to explain why his legal representatives said his affairs were up to date in December last year, only for him to settle a million-pound fine this month. The Liberal Democrats have called for an independent investigation to be held. [The Independent revealed last July that Mr Zahawi was subject to an investigation by HMRC](https://www.independent.co.uk/news/uk/politics/chancellor-nadhim-zahawi-tax-investigation-hmrc-b2119590.html?amp) linked to the sale of shares in polling company YouGov, which he founded 22 years ago. In the process, he took founder shares in the business in exchange for some capital and his invaluable guidance. They concluded that this was a ‘careless and not deliberate’ error.

Labour is calling for Rishi Sunak to sack Nadhim Zahawi as Conservative Party chairman after reports he paid a penalty to HMRC as part of a multi-million ...

as he has previously stated, his taxes are properly declared and paid in the UK." Companies are supposed to update these details within 14 days. A spokesman for Mr Zahawi has previously said his taxes are "properly declared and paid in the UK" and the minister "has never had to instruct any lawyers to deal with HMRC on his behalf". A spokesperson for Mr Zahawi said it was a matter of public record that Balshore Investments is owned by his father, hence the YouGov reference to his family. The BBC has discovered that Balshore Investments was also registered as a "beneficial owner" of a UK crowdfunding firm called crowd2Fund for three years. Deputy Prime Minister Dominic Raab said Mr Zahawi had been "very transparent" about the matter, saying: "He has been clear that all of his tax owed to HMRC are up to date and paid in full.

Reports suggest the Conservative Party chairman has paid seven-figure sum to settle a tax dispute with HMRC.

A deliberate error can incur a penalty of between 20% and 70%. I’m sure there’ll be the proper transparency”. Labour’s shadow chancellor Rachel Reeves said: “A few months ago … Tax lawyer Dan Neidle has estimated that Mr Zahawi owed £3.7 million, and said that with interest that could be due on top of the reported 30% penalty, the total could be more than £4.8 million. Mr Raab told Sky News: “I can’t speak for the personal tax affairs of a colleague, but what I would say is that Nadhim has been very clear that he’s paid all the tax that he’s owed, that he’s paid it on time, that there’s nothing outstanding due, and I think that’s of course right and proper. Deputy Prime Minister Dominic Raab defended his colleague, saying Mr Zahawi “has been very clear that he’s paid all the tax that he’s owed” and “if there’s further questions…

Embattled Tory party chair reveals he made 'careless but not deliberate' error over multimillion-pound share sale.

In the middle of the biggest cost of living crisis in a generation, the public will rightly be astonished that anyone could claim that failing to pay millions of pounds worth of tax is a simple matter of ‘carelessness’.” Cooper said: “Zahawi and his Conservative cabinet colleagues are arrogantly trying to brush this under the carpet. The British public has lost all faith in Conservative ministers to tell the truth after years of scandal.” In an attempt to protect Sunak, Zahawi added: “When I was appointed by the prime minister, all my tax affairs were up to date.” When asked on Saturday night, his team would not comment on whether he had ever benefited from Balshore Investments in the past. The Liberal Democrats’ deputy leader, Daisy Cooper, has written to Case, calling for his intervention. He added that while HMRC agreed that his father was entitled to shares, it “disagreed about the exact allocation. The Observer reported that civil servants in the Cabinet Office’s propriety and ethics team had Tax experts said the statement was a tacit acknowledgment that Zahawi had paid a penalty. In a carefully worded statement, Zahawi appeared to confirm that HMRC had carried out an investigation into his financial affairs while he was serving as chancellor last summer. Unlike his YouGov co-founder, Stephan Shakespeare, Zahawi took no shares in YouGov. It comes with the prime minister already under pressure after being

Labour calls on the ex-chancellor to answer questions after he addresses "confusion" about his taxes.

When I was appointed by the prime minister, all my tax affairs were up to date." "Twenty one years later, when I was being appointed chancellor of the exchequer, questions were being raised about my tax affairs. He was previously education secretary and before that, coronavirus vaccines minister. I've always declared my financial interests and paid my taxes in the UK." According to HMRC, tax avoidance involves bending the rules of the tax system to try to gain a tax advantage that Parliament never intended. They concluded that this was a 'careless and not deliberate' error. I am not aware of this. Tax avoidance is different from tax evasion, which is illegal. So I asked my father to help. Twenty-two years ago I co-founded a company called YouGov. "When we set it up, I didn't have the money or the expertise to go it alone. In the statement issued on Saturday afternoon, Mr Zahawi said: "As a senior politician I know that scrutiny and propriety are important parts of public life.

The Tory chairman is facing questions about whether he settled a tax dispute with HMRC while he was serving as chancellor.

He continued: “Twenty one years later, when I was being appointed chancellor of the Exchequer, questions were being raised about my tax affairs. They concluded that this was a ‘careless and not deliberate’ error. He added that the matter was resolved and that all his tax affairs were “up to date” when he was appointed Conservative party chairman by Mr Sunak in October. “And he needs to explain why he was using threatening and intimidating legal action to shut down legitimate questions from tax experts last year. In an unusual move, Mr Zahawi did not take founder shares when he set up YouGov, saying in his statement that his father took shares “in exchange for some capital and his invaluable guidance”. Nadhim Zahawi is under growing pressure after admitting he paid a settlement to HM Revenue & Customs following a “careless and not deliberate” tax error related to a shareholding in YouGov.