It also emerged that Sajid Javid, the health secretary, held non-dom status for six years while a banker, also allowing him to avoid tax on overseas earnings without breaking the law.
She also refused to give up her non-dom status, which could in future allow her family a legal means of avoiding an inheritance tax bill of more than £275m. However, she will not do so on backdated income. The status meant she could legally avoid UK tax on annual dividends worth millions, which she collected from her family’s IT business empire.įollowing days of mounting public and political outrage, Murty announced this month she would begin paying tax on her worldwide income. Labour’s pledge follows the revelation that Sunak’s billionaire heiress wife, Akshata Murty, had been registered as a non-domiciled person for nine years and was paying an annual levy in order to shelter her foreign income from HMRC.
Reeves on Monday said Labour was sending “a clear message” to the global super-rich: “If you make your home in Britain you should pay tax here – on all of your income.”
