Revenue investigators were last night facing demands to launch an inquiry into the tax status of Lord Ashcroft, the billionaire businessman bankrolling the Consevative party, amid new questions about how he was allowed to break a promise to permanently base himself in the UK to secure a seat in the House of Lords. Vince Cable, the Liberal Democrat Treasury spokesman, called on the HMRC to review Ashcroft's tax status in the UK. "There does seem to be a strong case for HMRC to investigate the potential abuse of non-dom status," he said. Cable's colleague Chris Huhne said an inquiry was necessary to establish whether Ashcroft had wrongly avoided paying more than £127m in taxes.
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