Rishi Sunak Unveils Massive £432k Tax Bill Amid Pressure
Prime Minister Rishi Sunak has finally opened up about his finances, revealing he paid a whopping £432,493 in tax for 2021/22.
Heavy Tax Hit Comes from £1.6m Capital Gains
Most of the tax came from capital gains, racking up to £325,826 on earnings exceeding £1.6 million that year. On top of that, Sunak forked out £120,604 in UK income tax on his £329,561 income.
Transparency Move amid Political Firestorm
The timing isn’t accidental. Sunak’s disclosure follows fierce public and opposition calls for transparency about his wealth — a hot topic in political attacks. This all unfolds while former PM Boris Johnson faces grilling over allegations of misleading MPs in the Partygate saga.
Sunak insists this step proves his pledge to run a government rooted in “integrity, professionalism, and accountability at every level,” as he vowed outside Downing Street. However, Labour MP Richard Burgon slammed the delay, questioning why it took so long for these details to see the light of day.
Akshata Murty’s Non-Dom Status Adds Fuel to the Fire
The spotlight also shines on Sunak’s wife, Akshata Murty, whose non-domiciled status has ramped up pressure for the PM to be crystal clear about his tax affairs.
With public trust in politicians at a low, this reveal is seen as a bid to calm nerves and embrace the growing demand for open, honest leadership.