08-04-22, 11:55
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#26
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re: BORIS Sleeze: PM on Hols Amid Chaos & Asylum Seekers Flight Leaves UK For Rwanda
Chancellor Sunaks' Wife Avoided up to £20m in Tax With Non-Dom Status
Chancellor Accused of Breathtaking Hypocrisy… Sunak Wife Firm Paid £50m by YOU
--- A Mirror investigation has found the Murty family’s vast Infosys business made tens of millions of pounds from British taxpayer-funded contracts, some since Mr Sunak became Chancellor in 2020
Pressure grows on chancellor over tax affairs of wife, who pays £30,000 a year to be classed as non-domiciled
BBC News 8 APR 2022.
The Mirror has uncovered details of a string of lucrative public sector contracts won by Infosys, the Indian IT firm which is part owned by Chancellor Rishi Sunak ’s wife.
Akshata Murty pays £30,000 a year to secure her non-domiciled tax status, which allows her to avoid paying taxes on millions of pounds earned from her near-1% stake in Infosys overseas.
Labour leader Keir Starmer condemned her “breathtaking hypocrisy” for claiming non-dom status while living in Downing Street with a Chancellor husband who has hiked taxes for millions of ordinary people.
While the Tories force people to choose between eating or heating, the millionaire Chancellor with four luxury homes parades his wealth on social media, posing in £95 slider shoes before the last Budget and with a £180 “smart mug” the year before.
The Chancellor's home at Kirby Sigston Manor, near Northallerton
His brutal 1.25% hike in National Insurance came into force this week.
Our investigation found the Murty family’s vast Infosys business made tens of millions of pounds from British taxpayer-funded contracts, some since Mr Sunak became Chancellor in 2020.
Since 2016, Infosys has earned £15million working for the Care Quality Commission, the regulator of UK care homes. In 2019, it won a £5m contract with the Medicines and Healthcare Products Regulatory Agency, and this year secured a £25m IT contract from the Tory-run East Sussex County Council.
Infosys is among companies which shared £100m in public sector contracts between 2015 and 2021.
Rishi Sunak's wife's parents
Vladimir Putin with Narayana Murthy
It was one of 12 suppliers in a £95m deal with Transport for London in 2015, at a time when Prime Minister Boris Johnson was Mayor of London.
And it was one of nine partners in a £10m contract with Tory-run Westminster City Council last year.
Angela Rayner, Labour’s Deputy Leader, told the Mirror: “The British public deserve answers. The Government is already awash with Tory cronyism. Now it seems the Chancellor’s close family are personally benefiting from lucrative public contracts. Rishi Sunak must come clean about these business interests and any potential conflicts.”
And Ed Miliband said the Chancellor should issue an “explanation” about his wife’s tax status.
Speaking to Sky News, the Shadow Secretary of State for Climate Change said: “He is the UK Chancellor asking people to pay more in taxes.
“Is it right that his immediate family is sheltering from UK taxes? I think Rishi Sunak and his family should reflect on that. Non-dom status is legal but I think we should be clear that non-dom status is used to... pay less tax than you otherwise would.”
Ed Miliband said the Chancellor should issue an 'explanation' about his wife's tax status
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