Sir Keir Starmer paid £67,033 to HMRC in the last financial year, his tax returns show.
The Labour leader published the details after Rishi Sunak released his on Wednesday, following months of political pressure.
The prime minister said he was “glad” to publish his financial affairs, which showed he paid £432,493 in tax in 2021/22.
That included £325,826 in capital gains tax and £120,604 in UK income tax on a total of £1.9m in the last tax year, the documents showed.
Image: Sir Keir Starmer's tax return summary
Sir Keir welcomed the move by Mr Sunak and pledged to publish his own.
He would not comment on the contents of Mr Sunak’s, saying it is for “others to analyse”.
Mr Sunak said he had published his tax returns “in the interests of transparency, as I said I would, and I’m glad to have done that”, adding he did not think the public was that interested.
More on Keir Starmer
Child refugee who made Channel crossing in dinghy questions Sir Keir Starmer on Labour’s asylum plans
Sir Keir Starmer defends appointing partygate investigator Sue Gray as chief of staff
PMQs: Sir Keir Starmer accuses Rishi Sunak of being in ‘total denial’ about the state of the country in fiery clash
Related Topics:
Keir Starmer
The publication of the Labour leader’s tax return comes after it was reported that he enjoyed a special “tax-unregistered” pension scheme meaning that the lifetime allowance did not apply to his contributions as Director of Public Prosecutions (DPP) between 2008 and 2013.
Shadow Justice Secretary Steve Reed rejected allegations that Mr Starmer was a hypocrite, telling Sky News: “It wasn’t Keir Starmer as Director of Public Prosecutions who set his own pension.
Advertisement
“That was set by the Conservative government at the time so if people have problems with it they really need to speak to David Cameron and George Osborne,” he said.
A key part of Jeremy Hunt’s budget last week was his decision to abolish the lifetime allowance on pension savings, meaning people will now be allowed to put aside as much as they can in their private scheme without being taxed. The threshold had been £1m.
The Labour Party has pledged to reverse the plans if it wins power, calling it “a Tory tax cut for the rich”.
The party released analysis saying the policy proposed in Mr Hunt’s budget will save the wealthiest 1% of pensioners £45,000 when they retire.
Shadow chancellor Rachel Reeves told Sky News it was “the wrong priority” amid the ongoing cost of living crisis.
News
