Rishi Sunak reveals exact amount he pays in tax after finally publishing returns

File photo dated 07/03/2023 of the Prime Minister Rishi Sunak, who has said he would not tell his MPs how to vote on any sanction that may be recommended by a committee trying to determine if Boris Johnson lied to Parliament with his partygate denials. PA Photo. Issue date: Tuesday March 21, 2023.The Prime Minister told BBC Breakfast: "These are matters for Parliament and the House and MPs as individuals, rather than for Government. So that is the general process that we will follow." See PA story POLITICS Johnson. Photo credit should read: Leon Neal/PA Wire

RISHI Sunak revealed he made £1.9million last year and paid £432,000 in tax – as he finally published his returns.

The PM earned £329,000 through income and dividends – and a whopping £1.6million in capital gains in 2021/22.

Rishi Sunak made £1.9million last year

He made good on a leadership election pledge to release his tax returns in full following questions about his wealth.

Megabucks Mr Sunak and his billionaire heiress wife Akshata Murthy are the richest couple to ever inhabit No10.

Docs from accountants Evelyn Partners show the PM paid £227,350 in 2019/20, £393,217 in 2020/21 and £432,493 last year.

Despite foreign income Mr Sunak pays taxes in the UK and accountants confirmed his previously held US Green Card “did not impact your tax liability in the UK or the USA.”

The PM, who has a house in California, paid more than $50,000 to the US in tax and dividends.

Eyebrows were raised at the timing of Mr Sunak’s publication which came on a busy political day of Boris Johnson’s Partygate grilling and a crunch Brexit vote.

Labour deputy Angela Rayner said: “Wonder why he’s chosen today?”
HOARaks’ tax affairs came under the spotlight last year when it emerged Ms Murthy had “non-dom” status to save millions in tax. 

The backlash prompted her to end the agreement and promise to pay all British taxes on her worldwide income.