Keir Starmer paid £54,718 in tax final 12 months

Prime Minister Sir Keir Starmer paid £54,718 in earnings tax in 2023/24, in line with a doc launched by the federal government.

A abstract reveals he paid the tax on £152,225 of earnings within the monetary 12 months ending 5 April 2024, a interval when Labour was in opposition.

Sir Keir obtained most of his earnings from his position as an MP and smaller quantities from guide royalties and £5,174 of curiosity on cash in a financial savings account.

Chancellor Rachel Reeves and Deputy Prime Minister Angela Rayner have additionally printed summaries of their tax affairs for a similar 12 months.

Reeves earned a complete of £91,758 and paid £24,215 in earnings tax.

The chancellor obtained £12,372 from self-employment earnings, which was associated to guide royalties and audiobook charges.

Rayner earned a complete of £85,205 and paid £21,514 in earnings tax.

All of Rayner’s earnings and taxable advantages got here from her position as an MP.

Sir Keir’s tax invoice for 2023/24 was decrease than the earlier monetary 12 months, when he paid £52,688 in capital positive factors tax after the December 2022 sale of a area partly owned by his father’s property.

His tax invoice in 2022/23 was 5 instances decrease than former Prime Minister Rishi Sunak’s for a similar 12 months.

Sir Keir’s newest abstract of his UK taxable earnings, capital positive factors and tax paid over the past tax 12 months as reported to HM Income & Customs, was ready by his chartered accountants.

David Cameron turned the primary UK prime minister to publish a abstract of his tax returns in 2016, after revelations about his late father’s offshore fund.

Theresa Might launched her tax return throughout her marketing campaign to be Tory chief in 2016, however didn’t accomplish that when she was prime minister.

The 2 prime ministers who preceded Sunak – Boris Johnson and Liz Truss, who held the put up for lower than two months – didn’t publish their tax returns.

Sunak and Jeremy Hunt printed tax figures whereas they served as prime minister and chancellor respectively.

Reeves had initially mentioned she had no plans to publish particulars of her tax affairs when requested whether or not she would accomplish that earlier this 12 months.

Bur Reeves later mentioned: “I am very comfortable to launch my tax return in accordance with what’s occurred within the current previous, and I will be doing that alongside the prime minister sooner or later.”

The Conservatives have beforehand mentioned their chief Kemi Badenoch had no plans to publish particulars of her 2023/24 tax return.

The BBC has approached the Conservative Get together for remark.