• Tuesday, June 18, 2024

HEADLINE STORY

Sunak paid more than £1m in tax over last three years

The prime minister and his wife Akshata Murthy are the richest ever occupants of Number 10 Downing Street

British Prime Minister Rishi Sunak (Photo: Reuters)

By: Chandrashekar Bhat

Prime minister Rishi Sunak published details of his personal tax filings on Wednesday (22), showing he had paid more than £1 million in tax in the three financial years to April 2022.

According to his filings, the British leader received almost £330,000 last year from his prime ministerial salary, and interest and dividends from savings and investments.

A further £1.6m was received from a US-based investment fund, said the document, compiled by financial services firm Evelyn Partners and titled ‘Personal Tax Returns’ which was published by the government.

Sunak first pledged to publish his tax return during his failed leadership campaign against Liz Truss in summer 2022. Having taken office in October after she resigned, he said in November he stuck by that promise.

Sunak and his wife Akshata Murthy – whose father NR Narayana Murthy co-founded Indian IT major, Infosys – are the richest ever occupants of Number 10 Downing Street.

They were ranked 17th in the Asian Rich List last year, with an estimated wealth of £790 million.

Murthy owns about 0.9 per cent of Infosys – entitling her to a dividend payment worth 11.6 million pounds last year.

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