Skip to main content
Ex-chancellor says he ‘probably should have’ been transparent over his £5m tax settlement
Nadhim Zahawi, June, 2023

FORMER chancellor Nadhim Zahawi issued a mealy mouthed apology today for the tax discrepancies that got him sacked after announcing that he would step down from Parliament.

He said that he was “sorry” and that he should have “probably been more explicit” in a ministerial declaration of his “just shy of £5 million” tax settlement with HMRC two years ago.

Prime Minister Rishi Sunak sacked Mr Zahawi as Tory Party chairman last year after an ethics inquiry found that he had broken the ministerial code several times over his tax affairs.

Donate to the Fighting Fund
Support the Morning Star
You have reached the free limit.
Subscribe to continue reading.
More from this author
NEU 17.4.25
Britain / 17 April 2025
17 April 2025
By Berny Torre in Harrogate
NEU general secretary Daniel Kebede
Britain / 17 April 2025
17 April 2025
By Berny Torre in Harrogate
Social media
NEU Conference 2025 / 17 April 2025
17 April 2025
Similar stories
A plane flies past a
Britain / 26 January 2025
26 January 2025
For a worker’s Budget, tax the fat cats
Features / 4 November 2024
4 November 2024
In the second of two articles on Labour’s weak Budget, ROBERT GRIFFITHS argues that Britain’s massive private wealth and offshore tax havens show clear potential for radical redistribution through progressive taxation
Chancellor of the Exchequer Rachel Reeves makes her keynote
Features / 22 October 2024
22 October 2024
Raising capital gains tax to match income tax is not only economically sound but morally just, potentially raising billions for public services — it’s an absolute no-brainer for any Labour government, argues BERNIE EVANS