UK finance minister under new attack despite wife’s tax U-turn | Malay Mail

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LONDON, April 8 — Britain’s embattled finance minister Rishi Sunak stood accused today of political hypocrisy as new questions emerged over offshore tax havens reportedly held by his Indian wife. Sunak was also criticised for a lack of transparency, after he admitted to holding a “Green...

LONDON, April 8 — Britain’s embattled finance minister Rishi Sunak stood accused today of political hypocrisy as new questions emerged over offshore tax havens reportedly held by his Indian wife.

But Labour frontbench MP Louise Haigh told BBC radio that Sunak had “come out on a number of occasions to try and muddy the waters” around his family’s tax affairs. The Independent newspaper reported that Sunak was listed as the beneficiary of trusts set up in the British Virgin Islands and Cayman Islands to help manage his wife’s tax and business affairs.

As chancellor, Sunak oversaw a huge programme of government spending during the coronavirus pandemic, but is now tightening the belt just as Britons face the worst cost-of-living crisis in generations. They said the prime minister believed Sunak had not backed him strongly enough during an ongoing scandal into Downing Street lockdown parties.

 

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‘Non-dom’: The tax scheme tarnishing UK finance minister | Malay MailLONDON, April 9 — UK finance minister Rishi Sunak is under pressure after it was revealed that his wealthy Indian wife is sheltered from paying tax on foreign earnings to his Treasury after claiming non-domiciled status. The “non-dom” scheme has become a controversial issue in British...
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