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Rishi Sunak earned nearly £5m in three years - but paid tax at just 22pc (Telegraph)


pellinore

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Rishi Sunak earned almost £4.8 million in just three years - but paid an effective tax rate of 22 per cent, according to an analysis by the Telegraph.

The bulk of the Prime Minister’s multi-million pound income came from capital gains, dividends and interest on a “single US-based investment fund”, held in a blind trust.

In total, he earned just under £4.4m in capital gains and dividends in the past three tax years in addition to his ministerial salary over the same period of £410,951, paying UK tax of £1 million - equivalent to 22 per cent.

Experts said anybody on a £70,000-a-year salary would typically pay a similar effective rate of 22 per cent in income tax.

Rishi Sunak earned nearly £5m in three years - but paid tax at just 22pc, his recently released accounts show (msn.com)

Edited by pellinore
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Keir Starmer has now published his own tax returns. It seems he has paid all the tax he was supposed to. This may back-fire on him- would we want as PM someone who was so naive as to abide by the rules? If he can't even fiddle his own expenses, could he be trusted to fiddle his cronies expenses or provide the expected amount of sleaze?

Sir Keir Starmer publishes his tax returns | Politics News | Sky News

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