UK Treasury chief pressured to explain wife’s tax status
Associated PressLONDON — 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 leader Keir Starmer said. “If it now transpires that his wife has used schemes to reduce her own tax, then that’s breathtaking hypocrisy.” The Independent newspaper revealed Murty’s tax status in a story that was posted online late Wednesday. Business Secretary Kwasi Kwarteng defended Murty’s tax status as “in order,” and he criticized scrutiny of her finances as “completely unfair.” While he couldn’t say where Murty pays her foreign taxes, Kwarteng said the chancellor’s wife has been clear that she’s an Indian citizen and pays all her taxes.