Rishi Sunak’s millionaire wife is ‘non-domicile for tax purposes’
2 years, 9 months ago

Rishi Sunak’s millionaire wife is ‘non-domicile for tax purposes’

The Telegraph  

Non-dom status has previously caused controversy in British public life, most notably when the billionaire Tory donor Lord Ashcroft revealed he held the designation in 2010. ‘Not fair game’ The Chancellor has complained in the past that it is not “fair game” for his political opponents to criticise his wife. “It’s very upsetting and I think wrong for people to come at my wife,” he said. On Wednesday, Labour said Mr Sunak must “urgently explain” his wife’s tax affairs. Tulip Siddiq, the shadow economic secretary to the Treasury, said: “The Chancellor has imposed tax hike after tax hike on the British people.

Tax British His Wife Mr Sunak Ms Murthy  rishi  sunaks  millionaire  uk  nondomicile  wife  chancellor  british  think  tax  previously  murthy  ms  purposes  sunak

History of this topic

Rishi Sunak and wife Akshata Murty overtake King Charles on UK rich list as fortune leaps to £651m
7 months, 3 weeks ago

Rishi Sunak and wife Akshata Murty overtake King Charles on UK rich list as fortune leaps to £651m

The Independent  

Sign up for the View from Westminster email for expert analysis straight to your inbox Get our free View from Westminster email Get our free View from Westminster email SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Rishi Sunak and his wife Akshata Murty are officially wealthier than …

Rishi Sunak earned £2.2 million and paid £508,000 in tax, documents show
11 months ago

Rishi Sunak earned £2.2 million and paid £508,000 in tax, documents show

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Rishi Sunak has published his …

How Rishi Sunak made his money
1 year, 1 month ago

How Rishi Sunak made his money

The Independent  

Sign up for the View from Westminster email for expert analysis straight to your inbox Get our free View from Westminster email Get our free View from Westminster email SIGN UP I would like to be emailed about offers, events and updates from The Independent. open image in gallery Mr Sunak and his wife Akshata Murty are worth a reported …

Rishi Sunak to be probed over wife's stake in UK childcare firm
1 year, 8 months ago

Rishi Sunak to be probed over wife's stake in UK childcare firm

Hindustan Times  

British Prime Minister Rishi Sunak is being investigated by parliament's standards watchdog over whether he properly declared his wife's shareholding in a childcare company which stands to benefit from new government policy. Opposition parties had raised questions over media reports that Sunak's wife Akshata Murthy was a shareholder in a company set to benefit from support for the childcare sector …

Rishi Sunak plotting autumn 2024 election ‘after income tax cut’
1 year, 8 months ago

Rishi Sunak plotting autumn 2024 election ‘after income tax cut’

The Independent  

Sign up for the View from Westminster email for expert analysis straight to your inbox Get our free View from Westminster email Please enter a valid email address Please enter a valid email address SIGN UP I would like to be emailed about offers, events and updates from The Independent. A senior government source told the newspaper: “It’s all about …

New Labour ad attacks Sunak’s wife and use of non-dom tax loophole
1 year, 8 months ago

New Labour ad attacks Sunak’s wife and use of non-dom tax loophole

The Independent  

Sign up for the View from Westminster email for expert analysis straight to your inbox Get our free View from Westminster email Get our free View from Westminster email SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy The Labour Party has doubled down on its controversial campaign against …

Senior UK Conservatives under fire over tax, finances
1 year, 11 months ago

Senior UK Conservatives under fire over tax, finances

Associated Press  

LONDON — U.K. Prime Minister Rishi Sunak opened an investigation Monday into allegations that the chairman of the governing Conservative Party settled a multimillion-dollar unpaid tax bill while he was in charge of the country’s Treasury. Sunak said Monday he had asked his standards advisor, Laurie Magnus, “to investigate the matter fully and establish all the facts and provide advice …

Rishi Sunak accused of shielding super-rich by maintaining non-dom tax loophole
2 years, 1 month ago

Rishi Sunak accused of shielding super-rich by maintaining non-dom tax loophole

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. The Chancellor said on Friday it would be the …

Rishi Sunak’s wife receives £7m dividend
2 years, 2 months ago

Rishi Sunak’s wife receives £7m dividend

The Telegraph  

Rishi Sunak’s wife has received a payout of almost £7m from her father’s IT company, The Telegraph can reveal. Ms Murty publicly vowed to voluntarily pay British taxes on all her worldwide income in April, despite being legally entitled not to do so as a non-domiciled resident and Indian citizen. The last occupant of 10 Downing Street to enjoy that …

Is UK leader Rishi Sunak too rich to rule in tough times?
2 years, 2 months ago

Is UK leader Rishi Sunak too rich to rule in tough times?

Associated Press  

LONDON — As he makes tough decisions to stem Britain’s economic crisis, Prime Minister Rishi Sunak says he will “always protect the most vulnerable.” But the U.K.’s first prime minister of color is also its richest-ever leader — an ex-banker who once wore Prada loafers to visit a construction site and whose family fortune is estimated at 730 million pounds. …

Is UK leader Rishi Sunak too rich to rule in tough times?
2 years, 2 months ago

Is UK leader Rishi Sunak too rich to rule in tough times?

The Independent  

Sign up to our free Brexit and beyond email for the latest headlines on what Brexit is meaning for the UK Sign up to our Brexit email for the latest insight Sign up to our Brexit email for the latest insight SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy …

Rishi Sunak's wife Akshata earned ₹126.61 crore dividend income from Infosys in 2022
2 years, 2 months ago

Rishi Sunak's wife Akshata earned ₹126.61 crore dividend income from Infosys in 2022

The Hindu  

Akshata Murty, Britain's incoming Prime Minister Rishi Sunak's wife whose tax status on income from outside the U.K. had triggered a controversy, earned ₹126.61 crore in dividend income in 2022 from her shareholding in India's second-largest IT firm Infosys. In 2021, it paid a total of ₹30 per share dividend, which would have given Ms. Murty a total of ₹119.5 …

Confident son-in-law will do best for UK: Infosys\' Narayana Murthy on Rishi Sunak
2 years, 2 months ago

Confident son-in-law will do best for UK: Infosys\' Narayana Murthy on Rishi Sunak

Deccan Chronicle  

New Delhi: NR Narayana Murthy, Infosys founder and father-in-law of next UK Prime Minister Rishi Sunak congratulated his son-in-law as he exuded confidence that the first Indian-origin PM will do his best for the people of the United Kingdom. Prime Minister Narendra Modi congratulated Rishi Sunak on Monday and said he is looking forward to working closely together on global …

Rishi Sunak, top contender for UK PM post, has net worth of 730 million pounds: Report
2 years, 2 months ago

Rishi Sunak, top contender for UK PM post, has net worth of 730 million pounds: Report

India Today  

Amid uncertainties in the British Cabinet, the frontrunner in the race for the next United Kingdom prime minister, Rishi Sunak, and his wife Akshata Murthy, grabbed a spot on the Sunday Times Rich List. Sunak became the first prominent British politician, at the time chancellor, to have entered the UK's wealthiest people list in England. Days after UK Prime Minister …

Rishi Sunak's wife Akshata Murthy wears £165 Club Monaco dress in Tory blue
2 years, 5 months ago

Rishi Sunak's wife Akshata Murthy wears £165 Club Monaco dress in Tory blue

Daily Mail  

She is an heiress with a billionaire father, but Rishi Sunak's wife seemed eager to prove she could still be a woman of the people as she joined her husband on the campaign trail over the weekend. Tory blue: Akshata Murthy, the daughter of billionaire Indian IT mogul Narayana Murthy, donned a £165 dress by high street label Club Monaco …

UK PM Contender Rishi Sunak's Wife Akshata Murty In The Eye Of The Storm Over Teacups
2 years, 6 months ago

UK PM Contender Rishi Sunak's Wife Akshata Murty In The Eye Of The Storm Over Teacups

ABP News  

New Delhi: Akshata Murty, the wife of former UK minister Rishi Sunak who is among the top contenders for the British PM's post and the daughter of Infosys founder NR Narayana Murthy, has become the centre of controversy after she served tea to journalists. ITV News on Twitter posted the video of Murthy, with the caption, “after his shock resignation …

Labour pledges to scrap non-dom tax loophole after Rishi Sunak's wife status revealed
2 years, 8 months ago

Labour pledges to scrap non-dom tax loophole after Rishi Sunak's wife status revealed

The Telegraph  

A future Labour government would abolish so-called "non-dom" statuses as part of an overhaul designed to make Britain's tax system fairer, the shadow chancellor has said. Labour said it would replace the status with a system whereby those genuinely only residing in the UK for short periods could take advantage of a scheme preventing them from paying tax on their …

Rishi Sunak urged to explain whether he ‘shaped’ tax rules for own benefit
2 years, 9 months ago

Rishi Sunak urged to explain whether he ‘shaped’ tax rules for own benefit

The Independent  

Sign up for the View from Westminster email for expert analysis straight to your inbox Get our free View from Westminster email Get our free View from Westminster email SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Rishi Sunak has been urged to provide “full transparency” over his …

Revealed: Rishi Sunak ‘listed in tax haven as trust beneficiary’ while chancellor
2 years, 9 months ago

Revealed: Rishi Sunak ‘listed in tax haven as trust beneficiary’ while chancellor

The Independent  

Sign up for the View from Westminster email for expert analysis straight to your inbox Get our free View from Westminster email Get our free View from Westminster email SIGN UP I would like to be emailed about offers, events and updates from The Independent. Trusts in the British Virgin Islands and Cayman Islands, created to help manage the tax …

Rishi Sunak’s wife announces she will now pay UK tax on overseas income
2 years, 9 months ago

Rishi Sunak’s wife announces she will now pay UK tax on overseas income

The Independent  

Sign up for the View from Westminster email for expert analysis straight to your inbox Get our free View from Westminster email Get our free View from Westminster email SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Chancellor Rishi Sunak’s wife Akshata Murty has bowed to pressure and …

Rishi turns on Boris over 'awful' leaks about non-dom wife Akshata Murty's tax arrangements
2 years, 9 months ago

Rishi turns on Boris over 'awful' leaks about non-dom wife Akshata Murty's tax arrangements

Daily Mail  

Rishi Sunak's ambition of becoming the next prime minister were collapsing today as the multi-millionaire found himself at the centre of a major row over his family finances. Rishi Sunak was hit by a political backlash over the news that his heiress wife Akshata Murty is domiciled in India for tax purposes Sunak's allies laid the blame at No10, where …

Explained | The Infosys assets controversy involving Rishi Sunak and wife Akshata Murthy
2 years, 9 months ago

Explained | The Infosys assets controversy involving Rishi Sunak and wife Akshata Murthy

The Hindu  

The story so far: It was reported in British newspapers on Thursday, April 7, that Akshata Murthy, the wife of Indian-origin United Kingdom Finance Minister Rishi Sunak and daughter of Infosys co-founder Narayan Murthy, claims a non-domiciled tax status in the UK. At a time when UK citizens face the highest levels of taxation since the 1940s, major British dailies …

UK Treasury chief pressured to explain wife’s tax status
2 years, 9 months ago

UK Treasury chief pressured to explain wife’s tax status

Associated Press  

LONDON — Britain’s Treasury chief faced pressure to explain his wife’s tax affairs Thursday after she acknowledged taking advantage of rules that allow many foreigners to escape U.K. taxes on their overseas income. “The chancellor has imposed tax rise after tax rise on working people and he’s said time and again there’s no alternative, we’ve got no option,” Labour Party …

Explained: The tax controversy surrounding Rishi Sunak’s wife Akshata Murthy and the Infosys link
2 years, 9 months ago

Explained: The tax controversy surrounding Rishi Sunak’s wife Akshata Murthy and the Infosys link

Firstpost  

Akshata Murthy has a non-domicile status which allows her to save taxes in Britain on dividends from her Indian business. Daughter of Infosys co-founder Narayana Murthy, she owns around 0.93 per cent of the company There’s yet another controversy surrounding Akshata Murthy, the daughter of Infosys co-founder Narayana Murthy and wife of British finance minister Rishi Sunak. Murthy responds Murthy’s …

Rishi Sunak under tax fire over wife Akshata Murthy's non-domicile status
2 years, 9 months ago

Rishi Sunak under tax fire over wife Akshata Murthy's non-domicile status

Hindustan Times  

UK exchequer Chancellor Rishi Sunak, the son-in-law of Narayana Murthy, has once again come under fire as it has been revealed that his wife Akshata Murthy has a non-domicile status for UK tax purposes which means that Akshata Murthy does not have to pay tax to the UK on income outside Britain. UK minister Rishi Sunak invokes Will Smith on …

Revealed: Rishi Sunak’s millionaire wife avoids tax through non-dom status
2 years, 9 months ago

Revealed: Rishi Sunak’s millionaire wife avoids tax through non-dom status

The Independent  

Sign up for the View from Westminster email for expert analysis straight to your inbox Get our free View from Westminster email Please enter a valid email address Please enter a valid email address SIGN UP I would like to be emailed about offers, events and updates from The Independent. Please try again later {{ /verifyErrors }} Rishi Sunak’s millionaire …

‘My wife isn’t': Rishi Sunak, Narayana Murthy's son-in-law, under fire for Infosys' Russia operation
2 years, 9 months ago

‘My wife isn’t': Rishi Sunak, Narayana Murthy's son-in-law, under fire for Infosys' Russia operation

Hindustan Times  

UK Chancellor of the Exchequer and also tipped to be the next prime minister of Britain, Rishi Sunak has come under fire for the Russian presence of Infosys, where his wife Akshata Murty has a share. During an interview with the Sky News, Infosys founder Narayana Murthy's son-in-law said, "I am an elected politician and I am here to talk …

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