Pressure is growing on Rishi Sunak, Chancellor Rishi Sunak to “come clean” on his family’s financial affairs after it emerged his wife benefits from a tax-saving scheme.
Tax lawyers dismissed Ms Murty’s claim that her non-dom status – revealed by The Independent – is a consequence of her Indian citizenship. Akshata Murty has non-dom status, meaning she does not have to pay UK tax on income earned abroad. Ms Murty earns money from shares in an Indian software giant founded by her billionaire father.
Her spokeswoman said she paid all tax due in the UK – but Labour called for “complete transparency”. Under the rules, people can be granted non-dom status if they live in the UK but intend to return to their home country.
Opposition parties joined forces to demand answers from the chancellor after it emerged Akshata Murty pays no UK tax on her huge foreign. Opposition parties joined forces to demand answers from the chancellor after it emerged Akshata Murty pays no UK tax on her huge foreign earnings, which is believed to save her many millions of pounds.
Tax lawyers also dismissed Ms Murty’s claim that her non-dom status is a consequence of her Indian citizenship, pointing out that she has chosen to adopt it. Condemning what he said was “breathtaking hypocrisy”, Sir Keir Starmer called for answers about “what schemes she may have been using to reduce her own tax”, a demand echoed by the Liberal Democrats and the Scottish National Party.
