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as we've said, akshata murthy is now going to pay uk tax on her overseas income.thing that a government minister, kit malthouse, was asked about this morning, speaking to the bbc. he said that he thinks she's now made the correct decision. the situation they had was perfectly legal and allowed. asl as i understand they complied with the letter_ as i understand they complied with the letter of the law as far as the tax situation was concerned. however, they have recognised that, at this time and given his particularjob, as miss murty said, it offended against a sense of british fair play and so they have changed the situation. you can ask no you can ask no more you can ask no more than that. some opposition parties are asking for more than that. the lib dems are actually saying they want any cabinet minister in the uk to have to reveal if they or their spouse has non—dom status when it comes to tax. they also want ministers to have to be clear if they have ever used tax havens. labour also not happy — they say there was a lack of transparency around the chancellor'
as we've said, akshata murthy is now going to pay uk tax on her overseas income.thing that a government minister, kit malthouse, was asked about this morning, speaking to the bbc. he said that he thinks she's now made the correct decision. the situation they had was perfectly legal and allowed. asl as i understand they complied with the letter_ as i understand they complied with the letter of the law as far as the tax situation was concerned. however, they have recognised that, at this time and...
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as we've said, akshata murthy is now going to pay uk tax on her overseas income.minister, kit malthouse, was asked about this morning, speaking to the bbc. he said that he thinks she's now made the correct decision. the situation they had was perfectly legal and allowed. however, they have recognised that at this time and given his particularjob, as miss murthy said, it offended against a sense of british fair play and so they have changed the situation. some opposition parties are asking for more than that. the lib dems are saying they want any cabinet minister in the uk to have to reveal if they or a spouse has non—dom status when it comes to tax. they also want ministers to have to be clear if they have ever used tax havens. labour also not happy — they say there was a lack of transparency around the chancellor's personal financial circumstances throughout the saga. they say it's raised ethical questions. yvette cooper, labour shadow home secretary, spoke earlier to the bbc. the fact they have changed their tax arrangements now show they do recognise it is a pr
as we've said, akshata murthy is now going to pay uk tax on her overseas income.minister, kit malthouse, was asked about this morning, speaking to the bbc. he said that he thinks she's now made the correct decision. the situation they had was perfectly legal and allowed. however, they have recognised that at this time and given his particularjob, as miss murthy said, it offended against a sense of british fair play and so they have changed the situation. some opposition parties are asking for...
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the chancellor and his wife akshata murthy are both millionaires.ing off? the chancellor's been very honest, very clear and she is, after all, a private citizen — she's not a politician and i think her affairs were completely transparent. and, as you say, there's no hint of any wrongdoing at all. under uk tax rules, when you're resident here all your worldwide earnings are taxable in the uk, but so—called non—doms do not have to pay uk tax on foreign income. to claim the benefits of the status, a uk resident has to declare their permanent home is elsewhere. they must not have a settled long—term commitment to stay here and do still have to pay tax on all their uk earnings. she will have taken the position she was domiciled in india, which may be a reasonable position, but then she made an active choice to claim the remittance basis, which means she's taxed only on money she brings into the uk, not on profits, income gains outside the uk, and that was a choice. it's a choice that could prove damaging for him. he's in charge of all our taxes, just put
the chancellor and his wife akshata murthy are both millionaires.ing off? the chancellor's been very honest, very clear and she is, after all, a private citizen — she's not a politician and i think her affairs were completely transparent. and, as you say, there's no hint of any wrongdoing at all. under uk tax rules, when you're resident here all your worldwide earnings are taxable in the uk, but so—called non—doms do not have to pay uk tax on foreign income. to claim the benefits of the...
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akshata murthy will now pay uk tax on her overseas income and that is something a government ministerhas made the right decision. has i made the right decision. as i understand _ made the right decision. as i understand it, _ made the right decision. as i understand it, the _ made the right decision. as i understand it, the chancellor and his wife _ understand it, the chancellor and his wife complied with the absolute letter _ his wife complied with the absolute letter of _ his wife complied with the absolute letter of the law where tax is concerned. and the situation they had was _ concerned. and the situation they had was perfectly legal under load. however— had was perfectly legal under load. however they have recognised that at this time _ however they have recognised that at this time and given his particular 'ob, this time and given his particular job, as _ this time and given his particular job, as miss murphy said, it was against — job, as miss murphy said, it was against fair— job, as miss murphy said, it was against fair play and they change the situation. you can ask for no
akshata murthy will now pay uk tax on her overseas income and that is something a government ministerhas made the right decision. has i made the right decision. as i understand _ made the right decision. as i understand it, _ made the right decision. as i understand it, the _ made the right decision. as i understand it, the chancellor and his wife _ understand it, the chancellor and his wife complied with the absolute letter _ his wife complied with the absolute letter of _ his wife complied...
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here in the uk, a whitehall inquiry into how the tax arrangements of the chancellor's wife, akshata murthyay a conflict of interest between rishi sunak�*s role as chancellor and ms murthy�*s tax status, as a non—domiciled uk resident. they insist all laws were followed. our political correspondent, david wallace lockhart has the details. the government is still trying to work out who leaked details of the november 2020 lockdown in a separate inquiry, that perhaps gives us an idea that they don't always go anywhere. those close to rishi sunak think this is a very serious situation. they believe that leaking someone's tax status could be a breach of the law and they think there are serious questions to answer here but opposition parties want the chancellor to answer some questions. labour are not satisfied with how transparent he has been about his personal financial arrangements. they say the whole saga has raised some ethical questions. the lib dems are saying they believe every government minister and their spouse should declare whether or not they have non—dom status or have ever used ta
here in the uk, a whitehall inquiry into how the tax arrangements of the chancellor's wife, akshata murthyay a conflict of interest between rishi sunak�*s role as chancellor and ms murthy�*s tax status, as a non—domiciled uk resident. they insist all laws were followed. our political correspondent, david wallace lockhart has the details. the government is still trying to work out who leaked details of the november 2020 lockdown in a separate inquiry, that perhaps gives us an idea that...
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other main stories on the programme tonight: after growing pressure on the chancellor, his wife akshata murthy says she will now pay uk tax on her overseas income. he can still pull a crowd, but will he get enough votes? emanuelle macron faces a tightening race ahead of the first round of the french presidential election this weekend. and tiger in the woods, as he fails to burn as brightly on the second day of the masters in augusta. and coming up in the sport on the bbc news channel, ellen white passes 50 senior international goals for england during their world cup qualifying match against north macedonia. good evening. we're live from the ukrainian capital, kyiv, with news of missiles hitting a train station packed full of people in the east of the country. at least 50 are dead, including five children, while many more are injured. the station, in the city of kramatorsk, had become a major hub in the war for civilian evacuations from the donbas region, which has seen fighting by russian separatists for many years, and is now the focal point of vladimir putin's war effort. it's thought aroun
other main stories on the programme tonight: after growing pressure on the chancellor, his wife akshata murthy says she will now pay uk tax on her overseas income. he can still pull a crowd, but will he get enough votes? emanuelle macron faces a tightening race ahead of the first round of the french presidential election this weekend. and tiger in the woods, as he fails to burn as brightly on the second day of the masters in augusta. and coming up in the sport on the bbc news channel, ellen...
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akshata murthy has said she will pay uk taxes on her overseas income.
akshata murthy has said she will pay uk taxes on her overseas income.
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akshata murthy has said she will pay uk taxes on her overseas income.s assembly will meet on monday to choose a new prime minister after imran khan — was removed through a no—confidence vote. analysts say the new leader is almost certain to be opposition leader, shehbaz sharif. four astronauts taking part in the first all—private mission to the international space station have arrived on board. they are due to spend eight days orbiting the earth. the flight is being hailed as a milestone in commercial space flight. now on bbc news — rebel wilson made her name in hollywood as a comedy actress. now a producer and director, she fought her way to the top in an industry dominated by men and ruled by beauty ideals. trying to make your name in hollywood isn't easy, especially if you're a female actress who doesn't look a stereotypical way. enter rebel wilson who has defied convention to become one of the most famous faces in the industry. she's been a part of some of the biggest comedy films in recent years, including the pitch perfect franchise and bridesmaid
akshata murthy has said she will pay uk taxes on her overseas income.s assembly will meet on monday to choose a new prime minister after imran khan — was removed through a no—confidence vote. analysts say the new leader is almost certain to be opposition leader, shehbaz sharif. four astronauts taking part in the first all—private mission to the international space station have arrived on board. they are due to spend eight days orbiting the earth. the flight is being hailed as a milestone...
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this is the chancellor's wife, akshata murthy, an indian citizen.t taxed here. the setup could have saved her millions of pounds in uk tax. labour say if that's the case, it would be breathtaking hypocrisy. but speaking to the sun, rishi sunak defended his wife. he told the paper... and he hit out at those questioning the arrangements. i don't think it's really appropriate for me to comment on the wives and families of politicians. and of course, the most important thing is the same rules have to apply to everybody, which it clearly does because there's no suggestion that any of this steps outside of any of the rules and regulations. the chancellor's wife isn't seen much in public. her spokeswoman says, eventually, she wants to move back to india. and mr sunak says she's followed all the rules. the chancellor has taken the political decision to impose tax increases on millions of people. they're entitled to know whether his family is using schemes to reduce their own tax. so this is about basic accountability, basic transparency. we need answers to
this is the chancellor's wife, akshata murthy, an indian citizen.t taxed here. the setup could have saved her millions of pounds in uk tax. labour say if that's the case, it would be breathtaking hypocrisy. but speaking to the sun, rishi sunak defended his wife. he told the paper... and he hit out at those questioning the arrangements. i don't think it's really appropriate for me to comment on the wives and families of politicians. and of course, the most important thing is the same rules have...
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the bbc understands an inquiry into how the tax arrangements of the british chancellor's wife, akshata murthyere may a conflict of interest between rishi sunak�*s role as chancellor and ms murthy�*s tax status, as a non—domiciled uk resident. they insist all laws were followed. joining me now is our political correspondent david wallace lockhart. so there is an inquiry now? yes, it emerued so there is an inquiry now? yes, it emerged this _ so there is an inquiry now? yes, it emerged this week _ so there is an inquiry now? yes, it emerged this week that _ so there is an inquiry now? yes, it emerged this week that the - emerged this week that the chancellor have this non—dom status miniature is not required to pay uk tax on overseas income, important to stress that is completely within the rules for her personal situation. she has said now going forward she is going to pay uk tax on that income, but this isn't the end of this matter, because the chancellor himself is wanting to pursue it further. he has asked for a leak inquiry to try to establish how his wife's tax status became public, we und
the bbc understands an inquiry into how the tax arrangements of the british chancellor's wife, akshata murthyere may a conflict of interest between rishi sunak�*s role as chancellor and ms murthy�*s tax status, as a non—domiciled uk resident. they insist all laws were followed. joining me now is our political correspondent david wallace lockhart. so there is an inquiry now? yes, it emerued so there is an inquiry now? yes, it emerged this _ so there is an inquiry now? yes, it emerged this...
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the chancellor and his wife, akshata murthy, are both millionaires.he shine coming off? the chancellor's been very honest, very clear and she is, after all, a private citizen, she's not a politician and i think her affairs were completely transparent. and, as you say, there's no hint of any wrongdoing at all. under uk tax rules, when you're resident here, all your worldwide earnings are taxable in the uk, but so—called non—doms do not have to pay uk tax on foreign income. to claim the benefits of the status, a uk resident has to declare their permanent home is elsewhere. they must not have a settled long—term commitment to stay here and do still have to pay tax on all their uk earnings. she will have taken the position, she was domiciled in india, which may be a reasonable position, but then she made an active choice to claim the remittance basis, which means she's taxed only on money she brings into the uk, not on profits, income gains outside the uk, and that was a choice. it's a choice that could prove damaging for him. he's in charge of all our ta
the chancellor and his wife, akshata murthy, are both millionaires.he shine coming off? the chancellor's been very honest, very clear and she is, after all, a private citizen, she's not a politician and i think her affairs were completely transparent. and, as you say, there's no hint of any wrongdoing at all. under uk tax rules, when you're resident here, all your worldwide earnings are taxable in the uk, but so—called non—doms do not have to pay uk tax on foreign income. to claim the...
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the chancellor and his wife, akshata murthy, are both millionaires.ian and i think her affairs were completely transparent. and, as you say, there's no hint of any wrongdoing at all. under uk tax rules, when you're resident here, all your worldwide earnings are taxable in the uk but so—called are taxable in the uk, but so—called non—doms do not have to pay uk tax on foreign income. to claim the benefits of the status, a uk resident has to declare their permanent home is elsewhere. they must not have a settled long—term commitment to stay here and do still have to pay tax on all their uk earnings. she will have taken the position, she was domiciled in india, which may be a reasonable position, but then she made an active choice to claim the remittance basis, which means she's taxed only on money she brings into the uk, not on profits, income gains outside the uk, and that was a choice. it's a choice that could prove damaging for him. he's in charge of all our taxes, just put them up this week, and has been criticised for not doing enough for the poores
the chancellor and his wife, akshata murthy, are both millionaires.ian and i think her affairs were completely transparent. and, as you say, there's no hint of any wrongdoing at all. under uk tax rules, when you're resident here, all your worldwide earnings are taxable in the uk but so—called are taxable in the uk, but so—called non—doms do not have to pay uk tax on foreign income. to claim the benefits of the status, a uk resident has to declare their permanent home is elsewhere. they...
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akshata murthy�*s spokeswoman has said that she is a citizen of india, the country of her birth and heria doesn't allow its citizens to hold citizenship of another country which is why she has non—domicile status in the uk. mr sunak declared this to the cabinet office when he was appointed a minister in 2018 at the treasury was also made aware of this as well in case of any conflict of interest, but certainly adding to some of the pressure that has been on the chancellor in recent weeks, particularly as he grapples with the cost of living crisis hitting the uk at the moment.— cost of living crisis hitting the uk at the moment. ., ~ , ., ~ i. at the moment. lone wells, thank you very much- — i'm nowjoined by rob gross, professor of energy policy and technology at imperial college, and director of the uk energy research centre. professor, thank you forjoining us to give us your thoughts as this strategy is launched. some of it is very ambitious indeed. yes. strategy is launched. some of it is very ambitious indeed.— strategy is launched. some of it is very ambitious indeed. yes, as you “u
akshata murthy�*s spokeswoman has said that she is a citizen of india, the country of her birth and heria doesn't allow its citizens to hold citizenship of another country which is why she has non—domicile status in the uk. mr sunak declared this to the cabinet office when he was appointed a minister in 2018 at the treasury was also made aware of this as well in case of any conflict of interest, but certainly adding to some of the pressure that has been on the chancellor in recent weeks,...
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it follows days of questions about the financial arrangements of akshata murthy — who is a multimillionaires residency while chancellor. our political correspondent, rajdeep sandhu, reports. reporter: is there more pain to come, chancellor? - he's in charge of our taxes, but questions have been raised about his taxes — and his wife's. akshata murty owns shares in an indian company founded by her father. last year, she received more than £11 million from it. because she has a special non—dom tax status she was not required by law to pay uk taxes on her overseas income. but, after criticism, she's going to pay more uk tax, adding millions to the treasury every year, all so her finances don't cause a distraction for her husband. and it's notjust her affairs but his own. it's emerged that the chancellor had a us green card, giving him the right to live permanently in america, where he also had to pay taxes. he gave it up about six months ago, but even in the united states, there's questions about the arrangement. does the president see it as a problem that it's possible for someone to serve at
it follows days of questions about the financial arrangements of akshata murthy — who is a multimillionaires residency while chancellor. our political correspondent, rajdeep sandhu, reports. reporter: is there more pain to come, chancellor? - he's in charge of our taxes, but questions have been raised about his taxes — and his wife's. akshata murty owns shares in an indian company founded by her father. last year, she received more than £11 million from it. because she has a special...
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the bbc understands in inquiry into how the tax arrangements of the chancellor's wife, akshata murthyof interest between rishi sunak�*s role as chancellor and ms murthy�*s tax status, as a non—domiciled uk resident. they insist all laws were followed. political commentator, jo phillips, says launching an inquiry into how the information came out isn't a good move for the chancellor politically. it underlines what many commentators have been saying over the last few days, that actually he has shown astonishing political naivety. however, it is against the law to leak someone's tax status, so from that point of view, you can see why. he is obviously furious because it is about his wife and he is obviously furious because it is against the law. there is a vague possibility, i suppose, of some criminal proceedings following. my experience and i think both of us have been around long enough to have heard of umpteen leaks and what happens after them, not very much, with the notable exception of gavin williamson who was sacked by theresa may for a leakfrom the national security council in 20
the bbc understands in inquiry into how the tax arrangements of the chancellor's wife, akshata murthyof interest between rishi sunak�*s role as chancellor and ms murthy�*s tax status, as a non—domiciled uk resident. they insist all laws were followed. political commentator, jo phillips, says launching an inquiry into how the information came out isn't a good move for the chancellor politically. it underlines what many commentators have been saying over the last few days, that actually he...
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the bbc understands an inquiry into how the tax arrangements of the chancellor's wife, akshata murthy
the bbc understands an inquiry into how the tax arrangements of the chancellor's wife, akshata murthy
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the bbc understands in inquiry into how the tax arrangements of the british chancellor's wife, akshata murthyerest between rishi sunak�*s role as chancellor and ms murthy�*s tax status, as a non—domiciled uk resident. they insist all laws were followed. joining me now is political commentator, jo phillips. hello. are you surprised the chancellor has been pushing for this inquiry which we understand is now happening, in a time of some unfavourable coverage for him? it keeps this particular story in the new cycle. keeps this particular story in the new cycle-— keeps this particular story in the new cle. , ., ,, ., , new cycle. yes, and i think, to be erfectl new cycle. yes, and i think, to be perfectly honest, _ new cycle. yes, and i think, to be perfectly honest, it _ new cycle. yes, and i think, to be perfectly honest, it underlines - new cycle. yes, and i think, to be l perfectly honest, it underlines what many commentators have been saying that actually he has shown astonishing elliptical naivety. however, it is against the law to leak someone's tax status, so from that point of view, you c
the bbc understands in inquiry into how the tax arrangements of the british chancellor's wife, akshata murthyerest between rishi sunak�*s role as chancellor and ms murthy�*s tax status, as a non—domiciled uk resident. they insist all laws were followed. joining me now is political commentator, jo phillips. hello. are you surprised the chancellor has been pushing for this inquiry which we understand is now happening, in a time of some unfavourable coverage for him? it keeps this particular...
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the chancellor's wife, akshata murthy, has revealed that she has non—domiciled status for uk tax purposesster in 2018, and the treasury was also informed. let's talk now to our political correspondent, iain watson, who's in westminster. iain, what more can you tell us about this? this is about the optics, rather than any wrong doing, isn't it? yes. than any wrong doing, isn't it? yes, i than any wrong doing, isn't it? yes, i certainly. — than any wrong doing, isn't it? yes, i certainly. as— than any wrong doing, isn't it? yes, i certainly, as is _ than any wrong doing, isn't it? yes, i certainly, as is often _ than any wrong doing, isn't it? yes, i certainly, as is often the _ than any wrong doing, isn't it? yes i certainly, as is often the case in politics, it is more about perception than reality, it is not a question of wrong doing, but 2a hours ago, much of the workforce, small businesses, large businesses, self—employed people, were faced with a tax rise, a national insurance increase. the health and social care act levy, as the government would call it. but people were noticing high
the chancellor's wife, akshata murthy, has revealed that she has non—domiciled status for uk tax purposesster in 2018, and the treasury was also informed. let's talk now to our political correspondent, iain watson, who's in westminster. iain, what more can you tell us about this? this is about the optics, rather than any wrong doing, isn't it? yes. than any wrong doing, isn't it? yes, i than any wrong doing, isn't it? yes, i certainly. — than any wrong doing, isn't it? yes, i certainly....
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it follows days of questions about the financial arrangements of akshata murthy, who is a multi—millionaireak is also facing criticism after he admited holding a type of us residency while chancellor. our political correspondent, rajdeep sandhu, reports. he is in charge of our taxes, but questions have been raised about his taxes and his wife's. akshata murty owns shares in an indian company founded by herfather. last owns shares in an indian company founded by her father. last year she received more than £11 million from it. because she has a special non—dom status, she was not required to pay taxes in the uk on this income. but after criticism, she will pay millions more in tax, also herfinances don't cause will pay millions more in tax, also her finances don't cause a distraction for her husband. and it isn'tjust her affairs, but his own. it has emerged that the chancellor had a us green card, giving him the right to live permanently in america, where he also had to pay taxes. he gathered up about six months ago, but even in the united states there are questions about the arrangements. s
it follows days of questions about the financial arrangements of akshata murthy, who is a multi—millionaireak is also facing criticism after he admited holding a type of us residency while chancellor. our political correspondent, rajdeep sandhu, reports. he is in charge of our taxes, but questions have been raised about his taxes and his wife's. akshata murty owns shares in an indian company founded by herfather. last owns shares in an indian company founded by her father. last year she...
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this is the chancellor's wife, akshata murthy, an indian citizen.he uk isn't taxed here. the setup could have saved her millions of pounds in uk tax. labour say if that's the case, it would be breathtaking hypocrisy. but speaking to the sun, rishi sunak defended his wife. he told the paper... and he hit out at those questioning the arrangement. i don't think it's really appropriate for me to comment on the wives and families of politicians. and of course, the most important thing is the same rules have to apply to everybody, which it clearly does because there's no suggestion that any of this steps outside of any of the rules and regulations. the chancellor's wife isn't seen much in public. her spokeswoman says, eventually, she wants to move back to india. and mr sunak says she's followed all the rules. this week of the chancellor decided he needed to raise more tax to fund the nhs. that's why he put national insurance up for millions of people. his critics are now asking whether his own household could have paid more tax and why it didn't. the chan
this is the chancellor's wife, akshata murthy, an indian citizen.he uk isn't taxed here. the setup could have saved her millions of pounds in uk tax. labour say if that's the case, it would be breathtaking hypocrisy. but speaking to the sun, rishi sunak defended his wife. he told the paper... and he hit out at those questioning the arrangement. i don't think it's really appropriate for me to comment on the wives and families of politicians. and of course, the most important thing is the same...
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when it emerged his wife akshata murthy holds non—dom status, meaning she isn't obliged to pay uk tax had to do things like filing a tax return in the us. what he has said now is he has written to the prime minister saying he would like the prime minister's independent adviser on ministerial interests, a man called lord geidt, to look into all of his arrangements and ensure he declared them as he would be expected to and that he followed all the rules. what is quite interesting is at the weekend when all this was going on for rishi sunak, there was a statement issued from the cabinet office in which they referenced lord geidt and said he was completely satisfied with the chancellor's propriety of arrangements. so at the weekend that independent adviser on ministerial interests said he was satisfied with how the chancellor has gone about this. i think rishi sunak perhaps thinking sunlight is the best disinfectant and has requested that is looked at again, and i suspect we may well end up with the same answer, though the prime minister's spokeswoman this afternoon would not be drawn on
when it emerged his wife akshata murthy holds non—dom status, meaning she isn't obliged to pay uk tax had to do things like filing a tax return in the us. what he has said now is he has written to the prime minister saying he would like the prime minister's independent adviser on ministerial interests, a man called lord geidt, to look into all of his arrangements and ensure he declared them as he would be expected to and that he followed all the rules. what is quite interesting is at the...
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akshata murthy is an indian citizen and is the daughter of the man who founded one of india's biggestn watson told me that the controversy was more about perception than any actual wrong doing. yes, as is often the case in politics, it's more about perception than reality. it's not a question of wrongdoing. but 24 hours ago, much of the workforce — small businesses, large businesses, self—employed people — were faced with a tax rise, a national insurance increase. the health and social care levy, as the government would call it. but certainly, people were noticing higher taxes in their pay packets this month. and within 24 hours of that tax rise being imposed, the spotlight has moved on to the tax affairs of rishi sunak, the chancellor's family. in particular, effectively, this question of non—dom status, as we call it — non—domiciled for tax purposes. in the case of his wife, miss murthy, her spokeswoman makes it very clear that she was born in india, herfather was born in india. and if you look at the tax rules of this country, then it says that usually, your domicile is where your
akshata murthy is an indian citizen and is the daughter of the man who founded one of india's biggestn watson told me that the controversy was more about perception than any actual wrong doing. yes, as is often the case in politics, it's more about perception than reality. it's not a question of wrongdoing. but 24 hours ago, much of the workforce — small businesses, large businesses, self—employed people — were faced with a tax rise, a national insurance increase. the health and social...