Article 5XY4E Akshata Murty’s non-dom status is a choice not an obligation – tax experts

Akshata Murty’s non-dom status is a choice not an obligation – tax experts

by
Rupert Neate
from World news | The Guardian on (#5XY4E)

Like other UK non-doms Rishi Sunak's wife had to apply for the tax status with HMRC, despite her statements

Labour says Rishi Sunak must come clean' about wife's non-dom tax status

This is the government form that the chancellor's wife Akshata Murty will have filled in to apply for non-domiciled status in order to avoid paying UK tax on tens of millions in dividends collected from her family's Indian IT business empire.

When it was revealed on Wednesday that Murty is a non-dom, and thereby is not required to pay UK tax on about 11.5m in annual dividends from her stake in Infosys, her spokeswoman said Murty is treated as non-domiciled for UK tax purposes" suggesting that she had no control over her UK tax status.

Akshata Murty is a citizen of India, the country of her birth and parents' home. India does not allow its citizens to hold the citizenship of another country simultaneously. So, according to British law, Ms Murty is treated as non-domiciled for UK tax purposes. She has always and will continue to pay UK taxes on all her UK income".

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