Before turning to today’s political news, you might find it helpful to take a little time to prepare. Might we suggest that you start by reading Non-Resident and Offshore Tax Planning (a new edition of Lee Hadnum’s authoritative review of the topic costs only £24.95). You should then review Debrett’s, Graham Stewart’s history of The Times, a few books on politics during the Blair era and a sheaf of newspaper cuttings on the financing of political campaigning in marginal seats.
Once you have done that, you need to form a view of the correct meaning of “permanent residence” in tax law and of the term “carrying on business” as defined by the Political Parties, Elections and Referendums Act. Then sit back and give a small sigh of satisfaction, for you are ready to immerse yourself in the Ashcroft affair.
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