Tory MP Sir John Butterfill Paid No Tax on £600,000 House Profit 'For five years, Sir John submitted regular claims under the second home allowance for the cost of running his six-bedroom country house, which had a swimming pool and extensive grounds. He claimed £17,000 on servants’ quarters alone. At the time, he designated a small flat in his Bournemouth constituency, bought for £56,000, as his “main home”. When he sold the country property for £1.2 million in 2005, however, he informed HM Revenue & Customs that it was his “primary residence”, meaning he was exempt from capital gains tax. The house in Woking, Surrey, 80 miles from his constituency, doubled in value while the taxpayer was contributing up to £1,778 a month towards the mortgage interest. Sir John was also reimbursed for council tax bills for the “staff annex”, where his housekeeper and odd job man lived.'
Thursday, 28 May 2009
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