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| Version 0 | Version 1 |
|---|---|
| Ashcroft admits 'non-dom' status | Ashcroft admits 'non-dom' status |
| (10 minutes later) | |
| Conservative donor and deputy party chairman Lord Ashcroft has admitted he is "non-domiciled" for tax in the UK. | Conservative donor and deputy party chairman Lord Ashcroft has admitted he is "non-domiciled" for tax in the UK. |
| He said he agreed with David Cameron that anyone sitting in the Lords must be "resident and domiciled" in the UK. | He said he agreed with David Cameron that anyone sitting in the Lords must be "resident and domiciled" in the UK. |
| He said he expected "to be sitting in the House of Lords for many years to come", suggesting his status would change if the Tories win the election. | He said he expected "to be sitting in the House of Lords for many years to come", suggesting his status would change if the Tories win the election. |
| Mr Cameron said, in another statement, he was "pleased" that Lord Ashcroft had decided to clarify his position. | Mr Cameron said, in another statement, he was "pleased" that Lord Ashcroft had decided to clarify his position. |
| 'Not a condition' | |
| Lord Ashcroft has donated millions of pounds to the Conservatives in recent years, much of which has been spent on campaigns by Tory candidates in marginal seats. | |
| He, and senior Conservative Party spokesmen, have refused to say what his tax status was over recent years, saying it was a private matter. | |
| In a statement released on Monday, he said he had chosen to speak out because "while I value my privacy, I do not want my affairs to distract from the general election campaign". | |
| He said that while his "precise tax status" was that of a "non-dom", paying tax in the UK was not, as some critics have suggested, a condition of his being granted a peerage in 2000. | |
| "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 tax purposes," he said. | |
| "I agree with this change and expect to be sitting in the House of Lords for many years to come." |