UK PM Sunak releases tax returns showing over GBP 1 million paid since 2019
Prime Minister Rishi Sunak has released his tax returns, revealing that the British-Indian leader paid more than GBP 1 million to the Exchequer since becoming a frontline politician in 2019.
The tax release is part of a transparency commitment the UK premier made in November last year.
Sunak, among the wealthiest British politicians, on Wednesday, revealed that he earned a total of GBP 4.766 million between 2019 and 2022 and paid GBP 1.053 million in tax - at a tax rate of around 22 per cent.
Over the last tax year, when he was the finance minister, the 42-year-old leader paid GBP 325,826 in capital gains tax and GBP 120,604 in UK income tax on a total income of GBP 1.9 million.
"I published my tax returns in the interests of transparency, as I said I would, and I am glad to have done that," Sunak said during a visit to north Wales on Wednesday.
"I think ultimately what people are interested in is what I am going to do for them," he added.
Sunak came under pressure to publish his