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HMRC Settlement Leaves MP Nadhim Zahawi With Egg On His Face

🧵 The TL;DR

MP Nadhim Zahawi has been embroiled in a HMRC tax settlement scandal after failing to declare the cost of a private jet flight. He has since reimbursed the House of Commons, but the terms of the settlement have been heavily criticised.

    🔑 Key Points

  • Nadhim Zahawi failed to declare the cost of a private jet flight as part of his expenses
  • He reimbursed the House of Commons for the cost of the flight, but then entered into a settlement with HMRC for back-taxes and fines
  • The settlement has been criticised for being too lenient

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