In a string of political adverts on Twitter, the Labour Party has criticised the prime minister for benefiting from a non-dom tax loophole as households continue to struggle with the rising cost of living.
The latest advert, posted on Twitter, says: ‘Do you think it’s right to raise taxes for working people when your family benefitted from a tax loophole? Rishi Sunak does.’
It pointed out that the Conservatives ‘have raised taxes 24 times since 2019’ while refusing to ‘close the non-dom tax loophole’ for foreign residents in the UK.
The political advert hits at Sunak’s wife, Akshata Murthy, who previously held non-dom tax status, which allows UK residents whose permanent homes are abroad to avoid paying British taxes on overseas income by being taxed on a remittance basis.