Rishi Sunak held green card while made chancellor meaning Tory bigwig was permanent resident in US April 8, 2022 Rishi Sunak and his wife Akshata Murthy reportedly held US green cards allowing permanent residence there, while he served as chancellor. It was reported he obtained it while living there before becoming an MP, and continued to hold it when he moved back to the UK, for at least a year of his chancellorship which [...]
Fighting back: Rishi Sunak dismisses wife’s non-dom tax controversy as ‘unpleasant Labour smears’ April 8, 2022 Chancellor Rishi Sunak has come out fighting for his wife Akshata Murthy, who is facing claims of avoiding tax due to her Indian citizenship and non-dom status. The Tory heavyweight insisted that his wife, who owns a 0.9 per cent stake in her billionaire father’s firm Infosys, is “100 per cent doing everything this country [...]
Lawyers cast doubt over claims Sunak’s wife’s ‘non-dom’ status has nothing to do with tax benefits April 7, 2022 Tax lawyers have cast doubts over claims that Rishi Sunak’s wife is not using her “non-dom” status for tax benefits. Lawyers countered claims that billionaire heiress Akshata Murthy’s non-domicile status is linked to her Indian nationality, after pointing out domicile has “nothing to do with citizenship” under UK law. The tax experts noted that Murthy’s [...]
Calls grow louder for Rishi Sunak to ‘come clean’ on family tax affairs and wife’s non-dom status April 7, 2022 Responding to the news that Chancellor Rishi Sunak’s wife claims non-domicile tax status, the Liberal Democrats are calling for the Chancellor to ‘come clean’ on his family’s tax affairs “This news will be a slap in the face for families struggling to cope with Rishi Sunak’s crippling tax hike,” Treasury spokesperson Christine Jardine told City [...]
Rishi Sunak’s wife hits back at claims she uses non-dom status to avoid paying UK taxes April 6, 2022 Rishi Sunak’s wife has hit back at claims that she took up “non-dom” status to avoid paying UK taxes. Akshata Murthy, the daughter of Indian tech billionaire N.R. Narayana Murthy, has claimed she has been forced to take up “non-domicile” status, due to not being able to hold dual citizenship under Indian law. The billionaire [...]
Tax Spotlight: How the jump in national insurance will affect you and your household April 6, 2022 As Brits try to juggle surging living costs on a shrunken wage packet, experts have warned the pain of the rise in national insurance will be felt by people on their next payday, Here is a look at why the increase is happening and why “awful April” is seen as just the start of a [...]
Starmer: Public should know if Carrie Johnson was fined in partygate, and if Sunak’s wife Akshata Murthy benefits from Russian ties April 1, 2022 Labour leader Keir Starmer has said the public should know if Prime Minister Boris Johnsons’s wife Carrie was given a fine due to partygate, and if Rishi Sunak’s wife benefits from business ties in Russia. The leader of the opposition was asked whether there was any comparison between Mrs Johnson being fined over the lockdown [...]
Rishi Sunak under pressure over wife’s ‘blood money’ through family firm still operating in Russia March 29, 2022 Rishi Sunak has been criticised by a Ukrainian MP over his wife’s family firm – which is still operating in Russia. Akshata Murthy, who is married to the chancellor of the exchequer, has been accused of collecting millions in “blood money” dividends. Her estimated 0.91% stake in Infosys, which was founded by her father Narayana, [...]
Exclusive: Support scheme for SMEs post-Covid has hit just 1 per cent of its target March 29, 2022 Rishi Sunak’s scheme to boost the productivity of British small and medium-sized enterprises (SMEs) post-Covid has hit just one per cent of its target since it was launched last July. The government wants 30,000 businesses to complete the Help To Grow management scheme – which offers subsidised business training – however just 402 SMEs have [...]
Ready to replace Boris: ‘Anxious’ Rishi Sunak fails three times to rule out Tory leadership run March 25, 2022 Chancellor Rishi Sunak failed three times to rule out that he could launch a leadership bid in the future. Speaking to Beth Rigby Interviews on Sky News, the Chancellor was asked whether he would go for the top job if the opportunity arises. He was read a quote from Boris Johnson, who said in 2013 [...]