The savage remarks come after it was claimed the Chancellor’s wife was avoiding tax due to her non-domicile status, saving her millions by not paying UK tax on overseas income . According to reports, Mr Sunak’s wife, Akshata Murty, who is believed to be worth hundreds of millions of pounds, had non-dom status.
This means that her permanent residence is considered outside the UK and, although she will still be liable for UK tax on income earned there, she does not have to pay UK income tax. foreign unless imported into the UK.
The Independent claims her status could have saved the Chancellor’s wife millions of pounds in overseas income tax, but a spokeswoman for Ms Murty said she still paid UK tax on her earnings British.
The non-dom status is legal and it is understood that Ms Murty pays foreign taxes on her overseas earnings.
Speaking to Dan Wootton, former Tory adviser Amanda Platell said: ‘If these stories are true on the front page, Rishi Sunak’s ambitions are dead in the water.’
A spokeswoman for Ms Murty confirmed she held non-dom status and said: ‘Akshata Murty is a citizen of India, her country of birth and her parents’ residence.
“India does not allow its citizens to simultaneously hold the citizenship of another country.
“So under UK law, Ms Murty is considered not to be domiciled for tax purposes in the UK.
“She has and will continue to pay UK tax on all her UK income.”
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His popularity has plunged with his net preference down 24 points since just before the spring statement on March 23, to minus 29, according to a YouGov survey.
The poll found that more than half of Britons (57%) have an unfavorable view of the Chancellor, compared to 28% who see him in a positive light.
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Source: www.express.co.uk
This notice was published: 2022-04-06 23:16:10
