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Home » News » HMRC Is Examining David (Lord) Cameron – Here’s Why

HMRC Is Examining David (Lord) Cameron – Here’s Why

He was slammed by the Speaker only a few weeks' ago as well.

Politics Reporter by Politics Reporter
November 22, 2023
in News, Politics
File photo dated 10/08/10 of David Cameron who is to stand down as MP for Witney, triggering a by-election in the Oxfordshire seat, he has announced.

File photo dated 10/08/10 of David Cameron who is to stand down as MP for Witney, triggering a by-election in the Oxfordshire seat, he has announced.

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HMRC is examining David, now Lord, Cameron.

David Cameron has been made Foreign Secretary in recent weeks, to much criticism.

It has been reported, by The Guardian, that tax officials are understood to be examining whether the former PM failed to fully disclose taxable perks such as flights on private planes when he worked for the collapsed lender Greensill Capital.

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It is thought inspectors are looking into a number of flights that took off or landed near his house in Oxfordshire and also in Cornwall, where the new foreign secretary has a holiday home.

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HMRC is examining David Cameron

Alongside that they are also examining an offshore trust that it is understood was created by Greensill to pay him extra benefits.

HMRC examines if David Cameron failed to fully disclose Greensill private flights as taxable perks

“They are also examining an offshore trust that it is understood was created by Greensill to pay him extra benefits.”

via ⁦@guardian⁩ https://t.co/mvGNPggLUR

— Sangita Myska (@SangitaMyska) November 22, 2023

Greensill

A couple of years ago BBC investigation show Panorama revealed internal documents suggesting Mr Cameron made about $10m (£8.2m) crossing the world to promote a highly controversial finance business, Greensill Capital.

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Greensill, whose boss Lex Greensill was given an office in Number 10 under David Cameron’s time as PM and later became both his friend and his employer, collapsed in March 2021.

Billions of dollars of investors’ money was missing.

Before Greensill Capital collapsed in March 2021, David Cameron had intensively lobbied civil servants in 2020 to allow Greensill to lend £10bn under emergency Covid loan scheme.

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A spokesperson for Cameron said: “As already made clear in David Cameron’s evidence to the Treasury select committee in May 2021, he did use Greensill’s company plane a number of times on a personal basis, all for short-haul flights, and tax was paid appropriately for any benefit received. Further, all income received from Greensill has been properly declared to HMRC and all tax paid in full.”

A spokesperson for HMRC said: “We cannot comment on identifiable taxpayers.”

Reactions

1.

They just can't stop themselves can they? #OneRuleForThem all over again. pic.twitter.com/ZeTwhfKEQR

— WrathOfMyBombast 🇺🇦 (@Stephen41792571) November 22, 2023

2.

Greensill. Panama. Denis Skinner & other honest MPs were aware of his tendencies to mislead

— Candy Gregory 💙 (@candyspets2) November 22, 2023

3.

Fund run by David Cameron’s father avoided paying tax in Britain | Tax avoidance | The Guardian https://t.co/YVWkqViAzO

— Mars Pioneer (@MarsPioneer) November 22, 2023

4.

"Senior officials believe David Cameron would probably fail the security checks required for a senior civil servant in the Foreign Office because of his multiple meetings with Chinese politicians and business figures since resigning as prime minister."https://t.co/pH1DNEaVHI

— @helmutscholz.bsky.social (@MsHohenzollern) November 22, 2023

5.

Well well, well.
HMRC is going after 'Lord' Dave Cameron.
Tax dodger, lobbyist, security risk.
The ideal person to join the Tory government.@David_Cameron @RishiSunak @Conservatives @RicHolden
A true Tory patriot. pic.twitter.com/6VI3UvpuOi

— Thomas Standfield (@TStandfield1789) November 22, 2023

Related: Watch: Speaker furious with David Cameron – here’s why

Tags: David CameronHMRC
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Politics Reporter

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