at the heart of this scrutiny, and that is whether he used an offshore entity to hold shares in the polling company yougov, which he set up before he came into politics back in the year 2000, and also whether subsequently he has paid a settlement to hmrc for tax that he owed as a result of potentially avoiding capital gains tax, having put those shares in the offshore firm, and on top of that paid a penalty because of the mistake that was made. there was a report yesterday in the guardian newspaper that claims the total amount paid was £4.8 million. the sun on sunday made the initial report last weekend that mr zahawi had indeed paid a settlement to hmrc to end this potential dispute. and we d had no denialfor mr zahawi and his team about those two central claims, very little detail until now, other than a very short statement saying his taxes were up to date and he had
potentially avoiding capital gains tax, having put those shares in the offshore firm, and on top of that paid the penalty because of the mistake that was made. there was a report yesterday on the guardian newspaper that claims the total amount paid was £4.8 million. the sun on sunday made the initial report last weekend that mist and zaha we had indeed paid a settlement to hmrc while, to end this potential dispute. we have had no denialfor mr zaha ui and dispute. we have had no denialfor mrzaha ui and his dispute. we have had no denialfor mr zaha ui and his team about those two central claims and very little detail until now other than a short statement saying his taxes were up to date and he had effectively paid what he owed. figs up-to-date and he had effectively paid what he owed. up-to-date and he had effectively paid what he owed. as we were coming on air, we paid what he owed. as we were coming on air. we had paid what he owed. as we were coming on air, we had this paid wh
our political correspondent, jonathan blake, has more on today s statement. for almost a week, nadhim zahawi has been under pressure to give more detail about his tax affairs. there is one central question at the heart of this scrutiny and that is whether he used an offshore entity to hold shares in the polling company yougov which he set up before he came to politics back in the year 2000, and also whether subsequently he has paid a settlement to hmrc for tax that he owed as a result of potentially avoiding capital gains tax, having put those shares in the offshore firm, and on top of that paid a penalty because of the mistake that was made. there was a report yesterday in the guardian newspaper that claims the total amount paid was £4.8 million. the sun on sunday made the initial report last weekend that mr zahawi had indeed paid a settlement to hmrc to end this potential dispute. and we d had no denialfor mr zahawi
which he set up before he came to politics back in the year 2000, and also whether subsequently he has paid a settlement to hmrc for tax that he owed as a result of potentially avoiding capital gains tax, having put those shares in the offshore firm, and on top of that paid a penalty because of the mistake that was made. there was a report yesterday in the guardian newspaper that claims the total amount paid was £4.8 million. the sun on sunday made the initial report last weekend that mr zahawi had indeed paid a settlement to hmrc to end this potential dispute. and we d had no denialfor mr zahawi and his team about those two central claims and very little detail until now other than a very short statement saying his taxes were up to date and he had effectively paid what he owed. we ve this statement, it is a full statement, talk us through what we need to look out for. he starts off by saying