Your support helps us to tell the story
From reproductive rights to climate change to Big Tech, The Independent is on the ground when the story is developing. Whether it's investigating the financials of Elon Musk's pro-Trump PAC or producing our latest documentary, 'The A Word', which shines a light on the American women fighting for reproductive rights, we know how important it is to parse out the facts from the messaging.
At such a critical moment in US history, we need reporters on the ground. Your donation allows us to keep sending journalists to speak to both sides of the story.
The Independent is trusted by Americans across the entire political spectrum. And unlike many other quality news outlets, we choose not to lock Americans out of our reporting and analysis with paywalls. We believe quality journalism should be available to everyone, paid for by those who can afford it.
Your support makes all the difference.Tony Blair used a previously undisclosed trust to receive payments for his work as a consultant, it has emerged.
An investigation by The Times newspaper found the former prime minister used a so-called “interest in possession” trust, which is believed to confer tax advantages.
Two former advisors to Mr Blair said the special trust, which does not have to file accounts, was set up after contact between a consultant hired by Mr Blair and the head of HMRC Dave Hartnett.
A spokesperson for the former Labour leader confirmed the structure existed and said it was not set up for tax reasons.
“Tony Blair did not set up this structure for reasons of tax advantage. He has paid full UK tax on all his earnings,” the spokesperson said.
“He specifically instructed the accountants who set up the structure that there was to be no tax advantage or avoidance through it.
“Neither did he receive any special 'privilege' from the tax authorities.”
Conservative MP David Davis however questioned whether the arrangements amounted to special treatment.
“These arrangements appear to have been put in place without any proper scrutiny, and are not available to ordinary taxpayers,” he told the Times.
The former shadow home secretary called for “an inquiry into special treatment of high-profile individuals by HMRC” by MPs and has written to the House of Commons Public Accounts Committee expressing his view.
Since leaving office in 2007 Mr Blair has worked as an advisor for a number of countries including Kuwait, Azerbaijan, and Kazakhstan.
The latest revelation comes ahead of the long-anticipated release of the Chilcot Report into the Iraq War, which is expected to thrust the former PM back into the public eye.
Mr Davis also said last week that there would be no excuse for further delays in the release of that report, which is believed to include some criticisms of individuals in the run-up to the 2003 invasion.
Join our commenting forum
Join thought-provoking conversations, follow other Independent readers and see their replies
Comments