By SAM GREENHILL FOR THE DAILY MAIL
It was, said Conservative Party chairman Nadhim Zahawi, a ‘careless error’ that led him to not paying the taxes he owed.
And so, after negotiating a settlement with HMRC – astonishingly, when he was chancellor and therefore in charge of HM Revenue and Customs – he has paid the taxman millions.
The ‘confusion’ goes back to the beginnings of Mr Zahawi’s success in 2000…
Mr Zahawi’s rise to fortune and political success are inspiring. He was born in Baghdad to Kurdish parents and arrived in the UK aged nine, unable to speak English.
In May 2000, when he was 32, Mr Zahawi co-founded the YouGov political polling company. He took no shares himself but a Gibraltar-based company, Balshore Investments Ltd, was allocated shares equal in value to those given to his co-founder Stephan Shakespeare.
Balshore was held by a trust which documents state is ‘the family trust of Nadhim Zahawi’s family’, controlled by Mr Zahawi’s…