Lord Ashcroft confirms his tax status
Lord Ashcroft has just released a statement admitting that he’s a non-dom, and suggesting that he’ll soon become a full UK taxpayer. Here’s the key passage: “My precise tax status therefore is that of a ‘non-dom’. Two of Labour’s biggest donors – Lord Paul (recently made a privy councillor by the Prime Minister) and Sir Ronald Cohen, both long-term residents of the UK, are also ‘non-doms’. As for the future, while the non-dom status will continue for many people in business or public life, David Cameron has said that anyone sitting in the legislature – Lords or Commons – must be treated as resident and domiciled in the UK for