Non-dom status of UK Chancellor's heiress wife means she could have avoided 4.4m pounds in UK tax last year: Report
Darpan News Desk IANS, 07 Apr, 2022 10:55 AM
London, April 7 (IANS) UK's Chancellor of Exchequer Rishi Sunak is scrambling to quell a row over his billionaire heiress wife's 'non-dom' status amid claims she could have avoided millions of pounds in UK tax, Daily Mail reported.
Akshata Murthy, whose father is one of India's richest men, is facing scrutiny after it emerged she has kept the status despite living in 11 Downing Street with the Chancellor and their children.
It means she was not liable for tax on overseas earnings, including dividends from her father's company that reportedly came to 11.6 million pounds last year. That sum could have meant paying 4.4 million pounds to HMRC.
A spokeswoman for Murthy pointed out she is an Indian citizen and stressed she pays UK taxes on UK income. There is no suggestion any laws or rules have been broken.
However, reforms brought in by the Tory government in 2015 stated that non-dom status is intended to "support those from overseas who come to the UK but don't intend to stay here permanently".
Labour Party chief Keir Starmer said the arrangements appeared to represent "breathtaking hypocrisy" and showed Sunak is "out of touch" with ordinary people, Daily Mail reported.
Shadow Business Secretary Ed Miliband said there was no legal issue but pointed out the government was making Britons pay more tax, after the national insurance hike came in on Wednesday.
"He is the UK Chancellor asking people to pay more in taxes. Is it right that his immediate family is sheltering from UK taxes? I think Rishi Sunak and his family should reflect on that," he told Sky News.
Miliband also sparked questions by suggesting non-dom status should have been abolished by the last Labour government - although it is not clear whether that is the party's current position.
WATCH: The 19 year old woman 'Manisha Valmiki' passed away after fighting for her life in a New Delhi Hospital. The family has accused police officials of cremating her body without their permission.
The grant program is administered by Patterson and by Scholastic Book Clubs, which will provide teachers 500 club points to go with the $500 from Patterson.
With children wearing masks and undergoing temperature checks at schoolhouse doors, students and parents who opted for brick-and-mortar school greeted the twice-delayed date with enthusiasm, relief and some trepidation.
The film, “David Attenborough: A Life on Our Planet,” is a personal reflection on his career as a naturalist and the changes he has seen in the natural world during his lifetime.
At the very least, it will surely be an "untraditional" affair, said McKinney, who as director of the university's Political Communication Institute has been studying U.S. presidential debates for much of his career.
