Former Conservative chair received a tax break that the poor can only dream of
Nadhim Zahawi’s tax row reveals an even bigger scandal: the rich are getting a tax break that those on low incomes can only dream of.
While the revelation that the former Conservative chair had to pay a tax penalty was shocking, the bigger concern is that the only tax he was required to pay on £27m was £3.7m. That implies an average tax rate of less than 14%, lower than the rate for someone working full-time on the minimum wage.
