Conservative party embarrassed by non-domicile revelation
Zac Goldsmith, the son of serial entrepreneur Sir James Goldsmith, will be standing in Richmond Park and North Kingston as a Conservative party candidate. However, the Tory party has been dragged into a non-domicile situation with the revelation that Zac Goldsmith, while paying his relevant taxes in the UK, actually has a non-domicile status.
Those who follow the political scene would be well aware that the non-domicile status does in itself, if the people involved choose to do so, have a number of potential tax incentives. However, Zac Goldsmith has already confirmed that as most of his income is derived from the UK and received in the UK he effectively pays tax as any other UK resident would do. Thankfully for the Conservative party, he has decided to relinquish his non-domicile status ahead of the next general election, a status which he inherited due to his father's personal situation.
This is the perfect opportunity for the Labour Party to differentiate itself from the Conservative party and claim that the Conservatives are the party "for the rich". However, this would conveniently forget that the "new" Labour party had also moved further right than ever before only to return to traditional union grounds when the going got tough.
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