Rishi Sunak defends his wife on tax row


By MYBRANDBOOK


Rishi Sunak defends his wife on tax row

In a key development, UK Chancellor Rishi Sunak launched a fightback against the Opposition's attack over the non-domicile tax status of his India-born wife Akshata Murty, who is the daughter of Infosys co-founder Narayana Murthy.

 

Sunak said that Akshata Murty loves her country and would eventually return there to care for her parents. Sunak said, “She had this before we met before she relocated to this nation. It wouldn't be reasonable or fair to ask her to sever ties with her country because she happens to be married to me. She loves her country. Like I love mine, I would never dream of giving up my British citizenship. And I imagine most people wouldn't.”

 

Akshata’s mother Sudha Murthy is a philanthropist, who was targeted by the Opposition over her non-domicile tax status, which means she is not legally bound to pay tax in the UK on income earned overseas. Akshata is accused of using her non-domicile status as a tax saving of millions.

 

The British Indian Cabinet member has previously defended his wife, who owns around 0.9% of Infosys, and father-in-law Narayana, whom he characterised as someone who built a world-class corporation from the ground up.

 

The response came after a day of accusations from the Opposition Labour benches of “breath-taking hypocrisy” by a finance minister in charge of taxation, while Sunak asserted his wife had breached no regulations.

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