Low capital gains rate and US location of funds mean tax bill of £508,000 much less than under top income rate of 45%
Rishi Sunak paid more than half a million pounds in tax in 2023 after making a £1.8m profit on his holding in a US investment fund, a summary of his tax affairs shows.
The prime minister published the document on Friday, showing he paid a tax bill of £508,308 in the financial year 2022-23 on overall earnings and gains of £2.23m.
Continue reading… The Guardian Read More Low capital gains rate and US location of funds mean tax bill of £508,000 much less than under top income rate of 45%Rishi Sunak paid more than half a million pounds in tax in 2023 after making a £1.8m profit on his holding in a US investment fund, a summary of his tax affairs shows.The prime minister published the document on Friday, showing he paid a tax bill of £508,308 in the financial year 2022-23 on overall earnings and gains of £2.23m. Continue reading…