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Monday, 11 April 2016

Calls for ministers to follow Cameron on tax returns


George Osborne and David Cameron
Chancellor George Osborne is said to considering publishing his tax returns in the coming days
 
Pressure is growing on cabinet ministers and senior figures from all parties to publish their tax returns.
George Osborne is the latest politician to say he is considering following David Cameron's lead in releasing details of his income and all tax paid.
Labour's Jeremy Corbyn and Lib Dem Tim Farron are both expected to do so but Nigel Farage says he won't follow suit.

The PM will tell MPs later he wants to see criminal penalties for firms whose staff enable tax evasion.
David Cameron's data on his 2009-15 tax and earnings was released on Sunday in an attempt to defuse a row about his investment in his late father's offshore fund, details of which emerged in a leak of documents from Panamanian firm Mossack Fonseca.
The summary of tax returns released by Mr Cameron show he received two payments totalling £200,000 from his mother Mary in 2011, a year after he inherited £300,000 from his father.


Graphic showing the amount of income tax paid by David Cameron in each of the past five years

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