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Labour calls for ministers' tax transparency over Rishi Sunak 'debacle'

LABOUR demanded answers about the tax affairs of all ministers today following the “debacle” engulfing Chancellor Rishi Sunak.

Mr Sunak’s political career is at risk of being derailed by the row over his wife’s non-domiciled status and his own former holding of a US green card.

Labour leader Sir Keir Starmer said: “While he is insists on making working people pay more taxes, the Prime Minister owes it to the public to confirm that his Cabinet are not finding ways to pay less.

“Boris Johnson needs to bring this saga to a close and confirm that no other sitting Conservative minister is doing or has done anything to reduce their own personal tax bill, while they preside over the biggest tax hike in 70 years.” 

Sir Keir is demanding to know whether any ministers have ever used non-domiciled status, been listed as beneficiaries on offshore trusts, held assets, owned or managed companies, earned income or gains in tax havens or used schemes that HM Revenue & Customs have subsequently found to avoid tax.

Labour is also demanding to know whether any minister had been the subject of an HMRC inquiry in the last five years.

Labour’s deputy leader Angela Rayner has written to the Prime Minister and Lord Geidt, the independent adviser on ministerial interests, with a series of detailed questions about Mr Sunak’s family’s tax arrangements.

“A fish rots from the head. It is the Prime Minister’s responsibility to bring this debacle to a close,” she said.

The letter from Ms Rayner accuses the Chancellor of failing to declare his non-dom status which may have enabled Mr Sunak to benefit from a lower tax rate on his household income.

Ms Rayner also said that the Chancellor failed to disclose his relationship with the Indian-based IT company Infosys.

Mr Sunak’s wife, Akshata Murty, holds £690 million worth of shares in the company.

She accused the Chancellor of failing to reveal a series of other business interests that he and Ms Murty held and of a “serious conflicts of interest” over his possession of a US green card.

A declaration of permanent residency of the US is required before being granted a green card.

Mr Sunak has written to the Prime Minister asking that Lord Geidt should review all his declarations of interest since he became a minister in 2018 but was confident he had “acted appropriately” at all times.

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