London Daily

Focus on the big picture.
Monday, Aug 04, 2025

Nadhim Zahawi settled tax issue with HMRC while he was chancellor

Nadhim Zahawi settled tax issue with HMRC while he was chancellor

Labour's chair Anneliese Dodds describes the revelation "shocking" while former Tory party leader Iain Duncan Smith says Mr Zahawi must share more information about his tax payments.
Nadhim Zahawi settled his tax issue with HMRC while he was serving as chancellor, a government source has told Sky News.

Questions about the now Tory chairman's deal with tax authorities have continued, even after he released a statement to "address some of the confusion about my finances".

On Saturday he admitted he paid what HMRC said "was due" after it "disagreed about the exact allocation" of shares in the YouGov polling company he co-founded, an error he noted was "careless" not deliberate.

But he did not disclose the size of the settlement - reported to be an estimated £4.8m including a 30% penalty - or whether he paid a fine.

Labour Party chair Anneliese Dodds described the revelation that Mr Zahawi was chancellor while negotiating the settlement as "shocking".

"After a week of Nadhim Zahawi dodging questions, we now know the shocking truth that he was negotiating his tax settlement while in charge of HMRC.

"This whole episode is deeply damaging to public trust, with a chancellor in charge of the nation's finances asking the public to pay their taxes while apparently having failed to do so himself.

"His position is clearly untenable. Every hour that Rishi Sunak refuses to sack him shows just how weak the prime minister is."

James Cleverly insisted Mr Zahawi will survive in his post until at least Prime Minister's Questions on Wednesday.

The foreign secretary claimed to know nothing of his cabinet colleague's tax position beyond Mr Zahawi's statement when he was repeatedly pressed on Sky News' Sophy Ridge On Sunday.

Other Tories including former party leader Iain Duncan Smith said Mr Zahawi must share more information.

The spotlight on Mr Zahawi's tax affairs comes at a challenging time for the prime minister, who on Friday was fined by police for not wearing a seatbelt in the back of a moving car.

Meanwhile, fresh accusations of sleaze have been levelled at the Conservative party amid claims BBC chairman Richard Sharp helped Boris Johnson secure a loan - weeks before the then-prime minister recommended him for the role.
Newsletter

Related Articles

0:00
0:00
Close
UK's Online Safety Law: A Front for Censorship
Nationwide Protests Erupt in Brazil Demanding Presidential Resignation
Parents Abandon Child at Barcelona Airport Over Passport Issue
Mystery Surrounds Death of Brazilian Woman with iPhones Glued to Her Body
Bus Driver Discovers Toddler Hidden in Suitcase in New Zealand
Switzerland Celebrates 734 Years of Independence Amid Global Changes
U.S. Opens Official Investigation into Former Trump Prosecutor Jack Smith
Leaked audio of Canada's new PM Mark Carney admitting the truth about the Net Zero agenda: "We're gonna make a lot of money off of this."
China Enforces Comprehensive Ban on Cryptocurrency Activities
Absolutely 100% Realistic EVO Series Doll by EXDOLL (Chinese Company) used mainly for carnal purposes
World Economic Forum founder Klaus Schwab: "In this new world, we must accept... total transparency. You have to get used to it. You have to behave accordingly. But if you have nothing to hide, you shouldn't be afraid."
Meet Mufti Hamid Patel, head of Office for Standards in Education in Pakistan
George Soros tells the World Economic Forum: "President Trump is a con man and the ultimate narcissist, who wants the world to revolve around him."
Hamas are STARVING the hostages.
Decline in Tourism in Majorca Amidst Ongoing Anti-Tourism Protests
British Tourist Dies Following Hair Transplant in Turkey, Police Investigate
Poland Begins Excavation at Dziemiany After New Clue to World War II‑Era Nazi Treasure
WhatsApp Users Targeted in New Scam Involving Account Takeovers
Trump Threatens Canada with Tariffs Over Palestinian State Recognition
Trump Deploys Nuclear Submarines After Threats from Former Russian President Medvedev
Trump Sues Murdoch in “Heavyweight Bout”: Lawsuit Over Alleged Epstein Letter Sets Stage for Courtroom Showdown
Germany Enters Fiscal Crisis as Cabinet Approves €174 Billion in New Debt
Trump Administration Finalizes Broad Tariff Increases on Global Trade Partners
J.K. Rowling Limits Public Engagements Citing Safety Fears
JD.com Launches €2.2 Billion Bid for German Electronics Retailer Ceconomy
Azerbaijan Proceeds with Plan to Legalise Casinos on Artificial Islands
Former Judge Charged After Drunk Driving Crash Kills Comedian in Brazil
Jeff Bezos hasn’t paid a dollar in taxes for decades. He makes billions and pays $0 in taxes, LEGALLY
China Increases Use of Exit Bans Amid Rising U.S. Tensions
IMF Upgrades Global Growth Forecast as Weaker Dollar Supports Outlook
Procter & Gamble to Raise U.S. Prices to Offset One‑Billion‑Dollar Tariff Cost
House Republicans Move to Defund OECD Over Global Tax Dispute
Botswana Seeks Controlling Stake in De Beers as Anglo American Prepares Exit
Trump Administration Proposes Repeal of Obama‑Era Endangerment Finding, Dismantling Regulatory Basis for CO₂ Emissions Limits
France Opens Criminal Investigation into X Over Algorithm Manipulation Allegations
A family has been arrested in the UK for displaying the British flag
Mel Gibson refuses to work with Robert De Niro, saying, "Keep that woke clown away from me."
Trump Steamrolls EU in Landmark Trade Win: US–EU Trade Deal Imposes 15% Tariff on European Imports
ChatGPT CEO Sam Altman says people share personal info with ChatGPT but don’t know chats can be used as court evidence in legal cases.
The British propaganda channel BBC News lies again.
Deputy attorney general's second day of meeting with Ghislaine Maxwell has concluded
Controversial March in Switzerland Features Men Dressed in Nazi Uniforms
Politics is a good business: Barack Obama’s Reported Net Worth Growth, 1990–2025
Thai Civilian Death Toll Rises to 12 in Cambodian Cross-Border Attacks
TSUNAMI: Trump Just Crossed the Rubicon—And There’s No Turning Back
Over 120 Criminal Cases Dismissed in Boston Amid Public Defender Shortage
UN's Top Court Declares Environmental Protection a Legal Obligation Under International Law
"Crazy Thing": OpenAI's Sam Altman Warns Of AI Voice Fraud Crisis In Banking
The Podcaster Who Accidentally Revealed He Earns Over $10 Million a Year
Trump Announces $550 Billion Japanese Investment and New Trade Agreements with Indonesia and the Philippines
×