The Sunday Times Rich List has published that the personal wealth of Prime Minister Rishi Sunak and wife Akshata Murty has been estimated at £651m, up from £529m in 2023. This was mainly due to Ms. Murty's shares in Infosys, the Indian IT giant co-founded by her father.
By Ronen Palan (*) – It has emerged that British Chancellor of the Exchequer Rishi Sunak’s wife, Akshata Murty, claims non-domicile (or “non-dom”) tax status, meaning that she does not have to pay UK taxes on income earned elsewhere. This revelation has drawn criticism, especially in light of Sunak raising taxes for working households. An expert answers our questions.