Business Standard

Rishi Sunak's tax affairs back in spotlight in UK race to succeed Johnson

Sunak's tax arrangements were in the spotlight once again as he sought to position himself as the only candidate who could beat Labour leader Keir Starmer at the next general election

Rishi Sunak
Premium

Questions over Sunak’s wealth and financial arrangements are nothing new: he faced intense pressure in April when it emerged that his millionaire wife, Akshata Murthy, held non-domicile status and was not paying UK taxes on her overseas income -- a s

Emily Ashton | Bloomberg
Former Chancellor of the Exchequer Rishi Sunak denied ever opening and using offshore banking trusts, as he faced renewed scrutiny over his financial interests at the start of the final runoff to become the next UK prime minister.
 
Sunak’s tax arrangements were in the spotlight once again as he sought to position himself as the only candidate who could beat Labour leader Keir Starmer at the next general election.

Pressed by LBC Radio on Thursday night on whether he had “ever opened and used offshore banking trusts in a tax haven,” Sunak replied: “No.”

Also Read |

What you get on BS Premium?

  • Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • Pick your 5 favourite companies, get a daily email with all news updates on them.
  • Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • Preferential invites to Business Standard events.
  • Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in