[Jimmy-J]

From the Guardian..

Fresh concerns about Lord Ashcroft emerged tonight when he was accused of "systematic tax avoidance" by exploiting his offshore status to avoid paying VAT on opinion polls he commissioned for the Conservatives.

Ashcroft privately ordered what he boasted was the biggest political polling exercise ever conducted in Britain in 2005, in order to aid the Tories as they targeted marginal seats. The cost of the polls, commissioned from YouGov and Populus, is believed to have approached at least £250,000.

But sources familiar with the transactions told the Guardian that the bills were paid by one his companies in Belize, meaning he did not pay VAT.

Tonight, the Liberal Democrats' Treasury spokesman, Vince Cable, said: "This is quite serious. We are now not talking just about Ashcroft's non-dom status, but about systematic tax avoidance in funding Conservative party activities such as polling. How far were the Conservatives aware that Ashcroft did not pay VAT, as would have been incurred by any normal polling activity?"

Link