
"The Clacton MP has denied avoiding more than 44,000 in additional stamp duty on the purchase of the constituency home by putting it in his partner Laure Ferrari's name, saying that she bought it with her own funds. He suggested that she was able to afford to buy the four-bedroom home, which was bought without a mortgage, because she comes from a wealthy French family."
"If the Reform leader was the source of funds used for the home, which he has previously denied, it would be legal for his partner to use them to buy the property in her name and pay the lower rate of stamp duty. But it would open Farage to charges of hypocrisy and seeking to avoid tax, particularly after he criticised former Labour deputy leader Angela Rayner last week for avoiding stamp duty."
Nigel Farage faces questions about how his partner paid £885,000 for a Clacton-area home after a BBC examination of French property and company records found no evidence that Laure Ferrari's parents could fund the purchase. Farage denies avoiding over £44,000 in extra stamp duty by placing the property in Ferrari's name and says she bought the four-bedroom, mortgage-free house with her own funds and comes from a wealthy French family. Farage has taken specialist tax legal advice. If Farage supplied the funds, the purchase would be legal but raises accusations of hypocrisy given his recent criticism of Angela Rayner over stamp duty.
Read at www.bbc.com
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