In an effort to defend Murthy, the Secretary of State also said that the non-resident status was “part of the UK tax system for more than 200 years”. It comes after the Independent revealed that the chancellor’s wife, whose family business is estimated to be worth about ,5 3.5 billion, has claimed “non-dom” status to save her tax bill. Last week, as the chancellor was asked about Mrs Mertie’s stake in the IT and services giant Infosys – a company founded by her father – Mr Sunak said his wife had been “attacked”. “You know, I think it’s very good for people to shoot me. It’s a fair game. I’m the one sitting here and that’s why I wrote. “ Speaking to Sky News, Mr Kwarteng said he agreed with the chancellor, saying: “It is completely unfair to bring in someone who is not a politician and actually attack him the way it is. I totally agree with him on that. “ Asked about her tax status, the business secretary said: “She has made it very clear that as an Indian national she cannot have dual citizenship and that she has non-don status here in the UK. “After 15 years of residence here she will have her residence, but at the moment she pays for the UK income as I understand it and for the income from abroad she pays tax outside the UK – that means non-resident status. “But I did not come here to comment on her tax affairs,” she added, as the minister prepares to unveil the government’s energy security strategy. Pressed on the optics – just as the government is introducing a manifesto against tax increases and consumer energy bills are skyrocketing – he replied: “People can come to their own conclusions, it depends on the viewers. Business Minister Kwasi Kwarteng says non-state ownership has been part of the UK tax system for “more than 200 years” (PA Wire) “He has made a full statement about what happened, it is a non-residential situation that is completely legal – everything is fine, he has always been very transparent about these issues.” He added: “I am also aware of the non-resident status that has existed in British law for 200 years.” Asked again about optics, the business secretary added: “People will draw their own conclusions, this is the great thing about this country. We have an open debate, people will have many opinions. “I just came here to say very clearly that I believe her tax cases are her own and I do not know the details of the companies you mentioned.” In a statement last night, a spokeswoman for Murty said in a statement that she had been expelled from the country for her citizenship. “India does not allow its citizens to have the citizenship of another country at the same time. Thus, under British law, Ms Murty is treated as a non-resident for UK tax purposes. “It will always continue to pay taxes in the United Kingdom on all of its British income.” The scheme, which is optional and can save a person from paying tax in the UK for income from dividends from foreign investments, rent payments on real estate abroad or bank interest. The scheme also means that you avoid inheritance tax in the UK. Tulip Siddiq, the shadow finance minister of the Labor Ministry at the Ministry of Finance, called on Mr Sunak to “urgently explain how much he and his family have saved from their own tax accounts” while raising taxes for millions by millions. during the cost of living crisis. . He said: “The chancellor has imposed a tax increase after a tax increase on the British people. It is shocking that – at the same time – his family could benefit from tax cuts. “This is another example of Tories who believe it is one rule for them and another for everyone else.”
