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Rishi Sunak's billionaire wife Akshata Murty defends her non-dom tax status

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dailyrecord.co.uk

Rishi Sunak's wife has defended her non-domicile status after it was claimed she could have saved millions by not paying UK tax on foreign income.

The Independent newspaper reported that Akshata Murty, who is believed to be worth hundreds of billions of pounds, held non-dom status.

It means her permanent home is considered outside of the UK and, although she is still liable for UK tax on income made in this country, she does not have to pay UK tax on foreign income unless it is brought into the UK.

The newspaper claims the status could have saved Sunak 's wife millions of pounds in tax on foreign earnings, but a spokeswoman for Murty said she has always paid UK taxes on her UK income.

Read more on dailyrecord.co.uk
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