Friday, April 8, 2022

UK chancellor's wife pays no British taxes on her foreign earnings

British Chancellor Rishi Sunak’s millionaire wife has been revealed to hold non-domicile status, meaning she does not pay British taxes on her foreign earnings, triggering controversy in the UK.

Non-domicile status, colloquially known as non-dom, means your permanent home is outside the UK and you do not pay tax on income outside the UK that is not brought into the country.

Akshata Murty lives with Sunak in Britain. She is an Indian national, and her spokesperson said she always pays UK tax on her UK income.

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