A TOP Tory who runs the party’s finances wrongly tried to use a tax avoidance scheme to buy a mansion, the Mirror can reveal.
Property tycoon Graham Edwards, who has donated £940,000 to the Conservatives since 2018, was named as the treasurer last month by Prime Minister Rishi Sunak.
It is a fresh crisis for Mr Sunak after he sacked party chairman Nadhim Zahawi for not telling the truth over an HMRC investigation into him.
Following a dispute with HMRC, Mr Edwards was found to have wrongly tried to reduce the tax due on £5 million he received in bonuses.
According to court documents, a trust set up as part of a complex tax scheme was used to buy a £1.5m country mansion for him.
This story is from the January 31, 2023 edition of Daily Mirror UK.
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This story is from the January 31, 2023 edition of Daily Mirror UK.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 8,500+ magazines and newspapers.
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