Thursday, April 07, 2022

Rishi Sunak Faces Questions over Wife Akshata Murty's Non-dom Tax Status

Rishi Sunak said it was wrong for people to criticise his wife Akshata Murty | POOL

BBC: Chancellor Rishi Sunak is facing calls to "come clean" on his family's financial affairs after it emerged his wife benefits from a tax-saving scheme.

Millionaire Akshata Murty has non-dom status, meaning she does not have to pay UK tax on income earned abroad.

Her spokeswoman said Ms Murty pays all legally required tax in the UK.

But Labour said it was not right that the chancellor and his family were "sheltering" from UK taxes.

Labour leader Sir Keir Starmer said Mr Sunak had "very serious questions to answer" and called for "complete transparency".

"If it now transpires that his wife has used schemes to reduce her tax, while he's been increasing taxes on working people, that's breathtaking hypocrisy," he said. He said it "just goes to show just how out of touch this chancellor is" at a time when taxes were increasing for millions of workers. » | Thursday, April 7, 2022

This is utter hypocrisy! For the wife of the Chancellor of the Exchequer, the man who sets the tax rates, to have a wife who avoids paying Her Majesty’s taxes is appalling in the extreme. Apart from anything else, the optics of this are terrible. Sunak should, and hopefully will, pay the price of these shenanigans. This couple clearly want the penny and the bun! © Mark

Related article here.

Akshata Murty’s non-dom status is totally legal – and perfectly toxic for Rishi Sunak: In failing to take the initiative over the tricky issue of his family’s wealth, the chancellor has dented his own brand »