Millionaire wannabe Tory MP Zac Goldsmith is a non dom !

A few years ago nobody had heard of "non doms", but now most people have a good idea that those who are "non domiciled" in the UK and avoid paying UK income tax, now pay a fairly nominal flat rate of £25,000 a year and that is it. Now for anyone earning over £70,000 a year, being able to pay a one off £25k might seem like a bargain in order to avoid paying more in income tax. The problem is you have to have teams of accountants, generally have a home overseas, and be very wealthy in order to have the pieces in place for tax avoidance on this scale.

So it must be galling for the people of Richmond Park constituency to read that their Tory candidate,the multi millionaire Zac Goldsmith, is a non dom, and avoids UK income tax on his vast £200 million wealth.

No wonder the Tory Party were so keen to try to overturn a recent Lib Dem and Labour amendment to a law which would have made it illegal for non doms to fund in any way UK political parties as it would have cut off the vast sums Zac Goldsmith has poured in to Richmond Park constituency.

David Cameron and George Osborne have been talking tough on tax avoidance recently. Let's see how they act against one of their own "A listers".

I wonder if the Tory front organisation the Tax Payers Alliance will comment about this ? After all, surely those setting our taxes should also be paying the taxes ? However, it's hardly likely since it was reported recently that one of the senior people in the TPA is also a French resident who does not pay UK tax.