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Old 20-05-2022, 10:36 AM #1
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Default Sunak in British Richest list

Chancellor Rishi Sunak and his wife Akshata Murty have made the Sunday Times Rich List of the UK's wealthiest 250 people for the first time.

Their joint £730m fortune ranks them at 222 of the paper's annual list.

Recently, Ms Murty's tax affairs came under scrutiny after it was revealed she had "non-dom" status - meaning she did not pay UK tax on overseas income.

Ms Murty, the daughter of an Indian IT billionaire, later agreed to pay UK taxes on all her earnings.

Her 0.9% stake in her father Narayana Murty's IT company Infosys, estimated to be worth around £690m, earned her £11.6m in dividend income last year.

It is estimated her use of the status could have saved her £20m in taxes.

Mr Sunak was later cleared of breaching the ministerial code after referring himself to Prime Minister Boris Johnson's standards adviser to check if he had properly declared all his interests.

https://www.bbc.co.uk/news/uk-61490481

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He understands the plight of the cost of living crisis on the common man

Last edited by bots; 20-05-2022 at 10:37 AM.
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