Rishi Sunak saved £300,000 in tax thanks to cut he voted for in 2016

PM's tax bill would have been higher had top capital gains rate not been cut by Tories

Rishi Sunak has saved more than 300,000 in tax thanks to a cut he voted for in 2016, according to an analysis of his tax records.

The prime minister has paid just over 1m in tax over the past three years, most of which was accrued on the gains he has made on his US-based investment portfolio. But that figure would have been 308,167 higher had the top rate of capital gains tax (CGT) not been cut by the Conservative government in 2016.