An 18th century toll bridge over the River Thames governed by its own Act of Parliament which makes it a tax haven has sold for more than £1 million at auction.
"The tax free status of Swinford Toll Bridge, which is located in David Cameron's constituency near Eynsham, Oxfordshire, is enshrined in laws from King George III's reign.
The owner of the Grade II*-Listed bridge is exempt from paying income tax, capital gains tax, inheritance tax or VAT thanks to the law passed in 1767 granting private ownership to the Earl of Abingdon".
I wonder if Michael Ascroft or Zac Goldsmith is the secret buyer?
I think you'll find an MP leaving the Commons at the next general election got it on expenses.
ReplyDeleteNow who would that be?