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Transcripts for BBCNEWS BBC News 20211003 19:16:00

money abroad all this time that would look really bad. the king ofjordan s lawyers said there is nothing improper about his ownership of properties and the source of funds is personal wealth, which he also uses to fund projects forjordan s citizens. closer to home, the files show a property deal involving a former uk prime minister this is not about hiding wealth offshore, but tony blair did benefit from a loophole. 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. on his way to power, tony blair promised tax reform but he and his wife saved money when they bought this place in central london in 2017

Transcripts for BBCNEWS BBC News 20211003 18:18:00

projects forjordan s citizens. closer to home, the files show a property deal involving a former uk prime minister this is not about hiding wealth offshore, but tony blair did benefit from a loophole. 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. on his way to power, tony blair promised tax reform but he and his wife saved money when they bought this place in central london in 2017 it cost them £6.5 million. stamp duty on a property like this would be more than £300,000, that is what you or i would pay if we bought this property direct from someone else, but the blairs did not pay it. that is because the property

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