Broadway

Complete News World

Speculation and debate fueled: PM Sunak releases his tax returns – Politics

Speculation and debate fueled: PM Sunak releases his tax returns – Politics

Rishi Sunak is married to the daughter of an Indian billionaire, and his financial circumstances are often the subject of debate. Now he has released his tax returns for the last three years.

British Prime Minister Rishi Sunak has released his tax returns for the last three years. The financial circumstances of the conservative politician, who is married to the daughter of an Indian billionaire, have often been the subject of speculation and controversy against the 42-year-old.

His earnings from April 2019 to March 2022 are £4.7 million (currently around €5.3 million), according to documents released today. For this, Sunak paid a total of over a million pounds (1.13 million euros) in taxes. Capital gains accounted for the largest proportion of his income. These were up to £1.6m (around €1.8m) within a tax year.

However, Sunak’s income is likely to be hidden by his wife. Last year, the couple made headlines when it was revealed that Sunak’s wife Akshata Murthy had benefited from a special legal status that allowed her to pay taxes in India instead of the UK. At the time, he held a 0.9 percent stake in software company Infosys, which was estimated to be worth more than £500 million, saving an estimated million in UK taxes, according to the BBC. Sunak was then the Finance Minister. His wife has now given up her special status.