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Daily Mirror
Daily Mirror
Politics
John Stevens

Rishi Sunak must stick to promise to publish his tax return, demands Labour

Rishi Sunak is under pressure to finally publish his tax return as the Tories face a series of sleaze rows.

After entering Downing Street, the PM made a promise to release details of his tax affairs but he has so far failed to do so.

Labour party chair Anneliese Dodds urged Mr Sunak to get on with it as No10 insisted it would be published “fairly shortly”.

She told the Mirror: “Rishi Sunak promised honesty, integrity and accountability on entering No10.

“People will be concerned if they feel that the Prime Minister is delaying publishing his own tax return, as he promised.

“He needs to abide by his promises and publish his own tax returns for 2021/22 and 2022/23. If these promises are not kept, the public’s faith in politicians, already significantly tarnished, will only be further damaged.”

Mr Sunak made his tax promise as he attended the G20 summit in Bali in November. Asked by the Mirror if he was willing to publish his full tax return he said: “Yes, of course.”

Rishi Sunak his wife Akshata Murty have a £730million fortune - more than twice that of the King (PA)

The PM added: “That is the established precedent and I'd be very happy to follow the precedent. In terms of timing, I will have to speak to the Cabinet Office and figure out the right way that happens. But yeah, I have no problem doing that.”

Mr Sunak today refused to sack Tory Party chair Nadhim Zahawi even as it emerged he failed to tell the PM he had received a penalty for not paying enough tax.

The PM this morning ordered an investigation into the minister after admitting “there are questions that need answering”.

But Ms Dodds said Mr Sunak “shouldn't need an investigation to know that Nadhim Zahawi isn't fit for government”. “He needs to grow a backbone and sack him,” she added.

While he was in charge of the country’s finances as chancellor of the exchequer, the millionaire former businessman paid a seven-figure sum to the taxman to end a dispute over his tax bill.

The settlement included a penalty for not paying the correct amount of tax in the first place.

Labour's Anneliese Dodds urged Rishi Sunak to get on with publishing his tax return (PA)

David Cameron in 2016 released a summary of his tax returns from 2009 to 2015 in an attempt to defuse a row over his personal finances.

A few months later, Theresa May published a tax summary during the Conservative leadership contest, but she refused to do so during her time in No10.

Boris Johnson released his tax details when he was Mayor of London, but not when he was PM.

The PM is the wealthiest leader the country has ever had. He and his wife Akshata Murty have a £730million fortune, more than twice that of the King.

Mr Sunak faced a backlash last year while chancellor after it emerged his wife was a non-dom, meaning she did not have to pay UK taxes on her overseas income. It is estimated this would have saved her £2.1m a year in UK tax.

After details of her non-dom status appeared in the press, he initially said his wife had not "done anything wrong" and it was unfair to attack her as a "private citizen".

But following days of negative headlines, Ms Murty announced she would pay UK taxes on her overseas income.

A non-dom is someone who lives in the UK but declares their permanent home to be in another country.

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