Keir Starmer paid £99,431 in UK tax on income of £404,030 last year, according to a summary released by the Labour party.
The Labour leader’s tax summary for 2022-23 was published a week after Rishi Sunak’s, which revealed the prime minister paid more than £508,208 in UK tax last year on income of just over £2.2m.
Starmer earned £128,291 from his salaries as an MP and leader of the opposition, and paid £44,308 in income tax in 2022-23.
He also paid £52,688 in capital gains tax on income of £275,739 from the sale of a field in December 2022.
The field was partly owned by himself and his father’s estate. It was previously reported that Starmer had sold a plot of land he had bought in the 1990s for his parents, who used it to care for neglected donkeys.
Similarly to Sunak, Starmer published “a summary” of his UK taxable income, capital gains and tax paid over the last tax year as reported to HMRC, prepared by chartered accountants.
The one-page document showed that he earned £79,098 as an MP, with an added salary of £49,193 for his role as leader of the opposition.
Sunak’s tax summary, published by Downing Street, showed that he paid £163,364 in tax on a total income of £432,884. He also paid £359,240 in tax on about £1.8m in capital gains from a US-based investment fund.
The prime minister first published his tax return in 2023, showing he had made nearly £5m over the previous three years due mostly to his US investment fund income. Sunak’s personal wealth and his links to the US have been sensitive issues for him.
• This article, including the headline, was amended on 19 February 2024 to distinguish more clearly between Keir Starmer’s overall income and his earnings as an MP and opposition leader.
