Arab Today, arab today uk finance minister publishes tax details
Last Updated : GMT 03:58:41
Arab Today, arab today
Arab Today, arab today

UK finance minister publishes tax details

Arab Today, arab today

Arab Today, arab today UK finance minister publishes tax details

Britain's finance minister George Osborne
London - AFP

Britain's finance minister and the head of the Labour opposition on Monday released details of their last tax returns after days of controversy following the publication of the so-called Panama Papers.

The release showed finance minister George Osborne had a total taxable income of £198,738 (247,900 euros/$283,500) during the 2014/15 financial year.

This included £44,647 in the form of dividends from a wallpaper and fabrics company founded by his father and £33,562 in rental income.

Osborne paid income tax of £72,210 for the year. The release stated he had "no offshore interests in shares or anything else".

Labour leader Jeremy Corbyn's tax return showed that he had an additional income of just £1,850 for the year -- most of it payment for giving a lecture -- beyond his parliamentary salary.

Cameron was forced to publish his tax returns over the weekend after admitting he had held shares in his late father's investment fund based in the Bahamas, which he sold before becoming prime minister in 2010.

The prime minister on Monday addressed the House of Commons for the first time since the scandal broke.

While Cameron said prime ministers, finance ministers and their opposition shadows should in future declare details of their tax returns, he thought all MPs should not have to do so.

"We should think carefully before abandoning the taxpayer confidentiality in this House," he added.

 

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today uk finance minister publishes tax details Arab Today, arab today uk finance minister publishes tax details

 



Arab Today, arab today

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today uk finance minister publishes tax details Arab Today, arab today uk finance minister publishes tax details

 



Arab Today, arab today France defies terrorism through tourism

GMT 15:18 2017 Saturday ,20 May

France defies terrorism through tourism
Arab Today, arab today How to do your own Ramadan corner?

GMT 15:53 2017 Saturday ,27 May

How to do your own Ramadan corner?
View News in Arabic - Business: اقتصاد دولي
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday