Labour leader Keir Starmers tax payments released

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Sir Keir Starmer has followed Rishi Sunak by publishing a summary of his tax returns. The document covering the period he has been Labour leader shows he paid £67,033 to HMRC in the 2021/22 financial year and £51,547 in 2020/21.

The statement shows Sir Keir made capital gains of £85,466 in the financial year 2021/22, on which he paid £23,930 capital gains tax.

He said the amount was linked to the sale of a house he helped his sister buy.

That was on top of £126,154 income for being an MP and Leader of the Opposition.

Sir Keir’s release comes after the Prime Minister yesterday published his own tax return summary.

The document showed Mr Sunak paid more than £1 million in UK tax over the previous three years.

He paid £432,493 in the 2021/2022 financial year, £393,217 in 2020/2021, and £227,350 in 2019/20.

Rather than a full tax return, No 10 published the summary of Mr Sunak’s UK taxable income, capital gains and tax paid as reported to HMRC, prepared by accountancy service Evelyn Partners.

Mr Sunak made nearly £2 million through income and capital gains in 2021/22.

But critics questioned the timing of the release on a busy day in Westminster.

It coincided with the grilling of Boris Johnson by the Privileges Committee over whether he misled the House of Commons with his denials about partygate.

It was also on the same day as MPs voted on Mr Sunak’s new Brexit deal on Northern Ireland for the first time.

Labour deputy leader Angela Rayner tweeted: “Wonder why he’s chosen today?”

Conservative Party chairman Greg Hands defended Mr Sunak’s high tax bill, saying “we want to have, in this country, wealthy people paying a lot of tax”.

He told ITV’s Peston: “I think we should be proud of the fact that people are paying tax in this country and proud of the fact they’re financing our excellent public services.”

Mr Sunak, who is regarded as among the richest ever inhabitants of Downing Street, first pledged to publish his tax returns during his unsuccessful campaign to become Tory leader last summer, in an attempt to put transparency at the heart of his bid.

He repeatedly promised to do so in recent months, and faced continued pressure to release the documents when it emerged Nadhim Zahawi settled an estimated £4.7 million bill with HMRC while he was chancellor.

Mr Sunak’s family finances previously faced scrutiny while he was chancellor when the non-dom status of his wife Akshata Murty emerged.

The backlash led to Ms Murty, the fashion-designer daughter of a billionaire, declaring that she would pay UK taxes on all her worldwide income to avoid being a “distraction” for her husband.

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