Ashcroft saved £127m in tax in a decade - Lib Dems

Laura Miller
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Lord Ashcroft has saved more than £127m in British tax since he became a member of the House of Lords, according to estimates from Liberal Democrat research.

The annual tax-saving of the Tory party's biggest donor, who took his seat in the Lords in 2000 and so has been involved in setting UK law for a decade, is conservatively estimated to be £12.76m. Ashcroft, who has given millions of pounds to bankroll Tory campaigning in marginal seats, confirmed yesterday he was non-domiciled for tax purposes after years of speculation. Liberal Democrat shadow home secretary, Chris Huhne says: "Anyone who wants to pass laws in this country should pay this country's full taxes and not hide behind the special offshore status of non-doms. "Non-doms hav...

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