Rishi Sunak’s political future on the brink of his wife’s tax scandal

Chancellor Rishi Sunak has been battling fires since making his springtime statement last month after he was blasted for not being connected amid a deepening cost-of-living crisis

Chancellor of the Exchequer Rishi Sunak leaves Downing Street this week
Chancellor of the Exchequer Rishi Sunak leaves Downing Street this week

The embattled Rishi Sunak’s political future hangs in the balance as he faces renewed demands to clarify his tax affairs and US immigration status.

The Chancellor tried to hide behind claims that he and billionaire wife Akshata Murty were victims of a “smear campaign” after it was revealed she had avoided paying UK taxes as a non-Dom.

And he reportedly considered quitting after admitting to holding a US green card as chancellor – which secretaries of state are reportedly not allowed to do.

The White House has been asked to look into the allegation.

Mr Sunak is also facing reports that he is listed as a beneficiary of offshore tax haven trusts despite a pledge to close tax loopholes.

Rishi Sunak and his wife Akshata Murthy



Meanwhile, Infosys, an Indian company in which his wife holds £700m worth of shares, is “urgently” reviewing its Moscow base amid claims the Sunaks have benefited from Putin’s regime.

However, Mr Sunak was again accused of losing touch after his advisers revealed yesterday that he had ordered an “aggressive” Whitehall inquiry into how his wife’s tax records were leaked.

Shadow Home Secretary Yvette Cooper said it was a matter of “fundamental fairness” for the Chancellor’s family to pay taxes like everyone else.

She said: “I don’t think the chancellor understands that.

“It raises real questions about his verdict.”

Police Secretary Kit Malthouse said Ms Murty’s status as a non-dom, which she gave up, was “not ideal”, but defended Mr Sunak to colleagues who described his career as “toast”. He called Mr Sunak a “smart, astute, dedicated politician” who has steered the economy through Covid.

The Tory minister and his billionaire heiress Akshata Murthy fell victim to a “smear campaign” this week.


British Press via Getty Images)

Rishi Sunak was accused of losing touch after his aides


(Getty Images)

Heir Ms Murty, who remains an Indian citizen, said on Friday she will now pay UK tax on all global earnings so as not to be “a distraction”.

It has been estimated that her non-dom status could have saved her £20m in tax on stock dividends.

Mr Sunak said yesterday he had written to Boris Johnson asking him to forward his ministerial statements to the independent Adviser on Ministers’ Interests.

He said: “I’ve always played by the rules. I hope that such a review will provide further clarity.”

Sources close to Mr Sunak played down reports he is moving his family from Downing Street to avoid the media glare and said they want to spend more time at their west London home as the older daughter Krishna finishes elementary school.

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https://www.mirror.co.uk/news/politics/rishi-sunaks-political-future-brink-26681258 Rishi Sunak's political future on the brink of his wife's tax scandal

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