All you need to know about Sunak and the Tory priorities:
https://twitter.com/BladeoftheS/stat...24739799015424
Quote:
The revelation that Sunak has paid £1M in tax in the last 3 years 0.13% of his £720m wealth.
While the average person has paid about £45k or 14%, 100x as much.
Should open your eyes to just how much and how blatantly the rich dodge tax
|
https://www.bbc.co.uk/news/uk-politics-65040300
Quote:
In the last financial year alone, 2021-2022, the prime minister earned more than £1.9m in income and capital gains, according to the records.
Capital gains are taxed at 20% in the UK, while the highest income tax band is 45% on earnings over £150,000.
The records show the total UK tax he paid was:
£227,350 on total earnings of £1,018,389 in 2019/20
£393,217 on total earnings of £1,777,581 in 2020/21
£432,493 on total earnings of £1,970,992 in 2021/22
Nimesh Shah, chief executive of tax advisory firm Blick Rothenberg, pointed out that Mr Sunak only released a summary of his income and gains, rather than a traditional tax return filed with HM Revenue & Customs.
"Whilst the public knows more now than it did before the release, it doesn't show the full picture," he said.
|
Sunak was taxed at 22% on his earnings that he declared. Of course, what he accrued on his wealth off-shore is unknown. He’s paying tax rates that are roughly the same as the average nurse earning £37,000.
Now compare his tax rate with yours ...