millionaires with the right accountant pay nothing, whilst pensioners pay vat on fuel. offshore trusts get tax relief, while homeowners pay vat on insurance premiums. we will create a tax system that is fair, which is related to ability to pay. applause. our documents show the blairs has benefited from a tax loophole themselves. tony and cherie blair wanted to buy this townhouse in central london in 2017. mrs blair needed a new base for her law firm. the price was £6.45 million. the blairs did not buy the property itself, they bought the offshore company that owned it. they did bring the property back onshore and under uk tax
years later, in 2017, tony and cherie blair bought this townhouse in central london for £6.45 million. but rather than buy the house as you or i would, they bought the offshore company that owned it, saving more than £300,000 in stamp duty. that doesn t look great, and it partly doesn t look great because most people cannot do the same thing, and so even if what the blairs did was perfectly legal, perfectly legitimate in the business world, it feels instinctively really unfair because they got access to an advantage a potential advantage that the rest of us don t have. cherie blair told the bbc they didn t request to structure the transaction this way, and that after purchase they had brought the property under uk tax and regulatory rules. a spokesman added the couple will be liable for tax on capital gains on resale.
international consortium of investigativejournalists. they reveal the secrets of world leaders, from the king ofjordan to vladimir putin, to tony blair. before he came to power, the then labour leader attacked the offshore system that allowed wealthy people to to gain tax advantages unavailable to most of us. millionaires with the right accountant pay nothing, whilst pensioners pay vat on fuel. offshore trusts get tax relief while homeowners pay vat on insurance premiums. we will create a tax system that is fair. which is related to ability to pay. years later, in 2017, tony and cherie blair bought this townhouse in central london for £6.45 million. but rather than buy the house as you or i would, they bought the offshore company that owned it, saving more than £300,000 in stamp duty.
wealthy people to to gain tax advantages unavailable to most of us. millionaires with the right accountant pay nothing, whilst pensioners pay vat on fuel. 0ffshore trusts get tax relief while homeowners pay vat on insurance premiums. we will create a tax system that is fair, which is related to ability to pay. years later, in 2017, tony and cherie blair bought this townhouse in central london for £6.45 million. but rather than buy the house as you or i would, they bought the offshore company that owned it, saving more than £300,000 in stamp duty. that doesn t look great, and it partly doesn t look great because most people cannot do the same thing, and so even if what the blairs did was perfectly legal, perfectly legitimate in the business world, it feels instinctively really unfair because they got access to an advantage
but rather than buy the house as you or i would, they bought the offshore company that owned it, saving more than £300,000 in stamp duty. that doesn t look great, and it partly doesn t look great because most people cannot do the same thing, and so even if what the blairs did was perfectly legal, perfectly legitimate in the business world, it feels instinctively really unfair because they got access to an advantage a potential advantage that the rest of us don t have. cherie blair told the bbc they didn t request to structure the transaction this way, and that after purchase they had brought the property under uk tax and regulatory rules. a spokesman added the couple will be liable for tax on capital gains on resale. the files also reveal how a prominent tory donor who supported borisjohnson s leadership campaign was involved in one of europe s biggest corruption scandals.