British PM releases tax records amid protests

London, (IINA) - Amid protests seeking resignation, British Prime Minister David Cameron has published a three-page summary of his tax returns on Sunday, becoming the first British PM to release such information.
Cameron has also announced that his government is setting up a tax task force to investigate information released in the Panama Papers.
The prime minister’s tax information covering the years between 2009 and 2015 was published on a government website. The records cover tax returns during Cameron’s tenure as prime minister and showed that the British premier received two gifts of £100,000 each [$141,000] from his mother in 2011 after his father’s death.
The detail had been questioned as an attempt to avoid paying inheritance tax on his late father’s estate.
Records also showed that in the 2014-2015 period, Cameron earned taxable income of £200,307 [$283,000] and paid income tax of £75,898 [$107,200].
It was also announced that the government was setting up a task force that would report to the Treasury Chief and Home Secretary. This body will be under the supervision of the UK’s tax authority and National Crime Agency, and would investigate the information disclosed in the Panama Papers.
Cameron stated that he would be the first PM to release information about his tax returns because he wanted to be “completely transparent and open about these things”.
AG/IINA

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