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Jeremy Corbyn's tax return appears to omit leader's salary | Jeremy Corbyn's tax return appears to omit leader's salary |
(35 minutes later) | |
Labour leader Jeremy Corbyn has published his tax return as part of a call for transparency from politicians. | Labour leader Jeremy Corbyn has published his tax return as part of a call for transparency from politicians. |
But the return appears to omit around £37,000 he was entitled to as leader of the opposition. | |
The figures showed that Mr Corbyn earned a total of £114,342 in salary and pension payments. | The figures showed that Mr Corbyn earned a total of £114,342 in salary and pension payments. |
The publication came as Chancellor Phillip Hammond declined a challenge to publish his own taxes, calling it "demonstration politics". | The publication came as Chancellor Phillip Hammond declined a challenge to publish his own taxes, calling it "demonstration politics". |
'Public trust' | 'Public trust' |
The return details Mr Corbyn's earnings of £77,019 - mostly from his MP's salary of £74,000 - along with a pension of £36,045, £1,200 from self-employment and £78 in interest. | The return details Mr Corbyn's earnings of £77,019 - mostly from his MP's salary of £74,000 - along with a pension of £36,045, £1,200 from self-employment and £78 in interest. |
He paid income tax of £35,298 for the year 2015-16, after becoming Labour leader in September 2015. | He paid income tax of £35,298 for the year 2015-16, after becoming Labour leader in September 2015. |
"I have made it clear that I think it is right for party leaders to be open and transparent about their tax affairs," said Mr Corbyn. | "I have made it clear that I think it is right for party leaders to be open and transparent about their tax affairs," said Mr Corbyn. |
A Labour source said they were unable to provide any details about why Mr Corbyn's leader's salary was missing from the return. | |
The source said: "The published return was prepared by a firm of accountants who were supplied with the relevant information. We will deal with any queries on the detail on Monday." | |
The source was adamant that Mr Corbyn paid his tax at source. | |
They also confirmed Mr Corbyn had taken the leader's salary as well as his MP's salary. | |
Shadow Chancellor John McDonnell published his tax return earlier this year, and on Thursday pledged to introduce legislation to publish the tax returns of anyone earning over £1m to "restore public trust". | |
However, Mr Hammond rejected calls for politicians to publish their taxes. | However, Mr Hammond rejected calls for politicians to publish their taxes. |
Speaking to The BBC's Andrew Marr Show, he said: "I have no intention of doing so. Just for the record my tax affairs are all perfectly regular and up to date. | Speaking to The BBC's Andrew Marr Show, he said: "I have no intention of doing so. Just for the record my tax affairs are all perfectly regular and up to date. |
"But I think this demonstration politics isn't helping the atmosphere in British politics." | "But I think this demonstration politics isn't helping the atmosphere in British politics." |