The New Statesman reports Lord Paul as saying: 'On the issue of taxation position of peers, of course it goes without saying that I'll be fully complying with the change of law which the government is bringing forward. I strongly support the government proposals in relation to the taxation status of peers and MPs and the membership of the House of Lords and the House of Commons.' He later told the Press Association: 'I will be paying all the taxes. I will be qualifying to be in the House of Lords.'
Lord Paul: part of the furniture
Indian-born steel magnate Lord Paul was ennobled in 1996 and appointed to the Privy Council last year. Scotland Yard began examining his expenses at the end of last year, following allegations that he had nominated an Oxfordshire flat he had never stayed in as his main home, allowing him to claim tens of thousands of pounds for his London property. Lord Paul said the Metropolitan Police had told him he would not face any further action over allegations that he abused parliamentary expenses. The Sub-Committee on Lords' Interests has now launched an investigation into Lord Paul's expenses arrangements, its spokesman said. The process had been on hold while the police carried out their inquiries.
Read the full New Statesman article here
