Article 5XX85 Rishi Sunak’s wife claims non-domicile status

Rishi Sunak’s wife claims non-domicile status

by
Rupert Neate
from World news | The Guardian on (#5XX85)

Tax status allows Akshata Murthy to avoid tax on foreign earnings

Rishi Sunak's multi-millionaire wife claims non-domicile status, it has emerged, which allows her to save millions of pounds in tax on dividends collected from her family's IT business empire.

Akshata Murthy, who receives about 11.5m in annual dividends from her stake in the Indian IT services company Infosys, declares non-dom status, a scheme that allows people to avoid tax on foreign earnings.

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