Wife of Britain's finance minister agrees to stop avoiding UK tax amid public anger

  • 📰 STForeignDesk
  • ⏱ Reading Time:
  • 24 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 71%

South Africa News News

South Africa South Africa Latest News,South Africa South Africa Headlines

LONDON - Akshata Murthy, the wife of British finance minister Rishi Sunak, said on Friday that she would stop- bowing to pressure which her husband had earlier dismissed as a political smear.

The public anger over Murthy's tax status has been heightened by her husband's decision to increase payroll taxes at a time whenin 1956.

In a statement late on Friday, after two days of critical media coverage, Murthy said she would pay British tax on her global income, including dividends and capital gains, for the 2021/22 tax year and in future. Sunak has been touted as a successor to Prime Minister Boris Johnson, whose own position has come into question after widespread criticism over illegal parties held at Downing Street during Covid-19 lockdowns and a series of other scandals.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 4. in ZA
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

South Africa South Africa Latest News, South Africa South Africa Headlines