Published: Tue, March 07, 2017
World | By Tasha Manning

Jeremy Corbyn's tax return still poses some questions for Labour

Jeremy Corbyn's tax return still poses some questions for Labour

Abbott, shadow home secretary, told Radio 4's The Westminster Hour: "I would always normally follow Jeremy Corbyn's lead but I think we are going to have to discuss this as a shadow cabinet if we are all going to publish our tax returns.... but the point is it's to illustrate the policy that we are putting forward that people that earn over a million - I think - should publish their tax returns".

Labour later issued a statement saying, "Claims in some media that Jeremy Corbyn failed to declare £40,000 of income to the taxman are untrue".

"My taxes (are) fully paid, nothing missing, nothing hidden", he added.

The survey, which ran for five days last week, comes after Jeremy Corbyn published his tax return amid calls for transparency among politicians.

It showed he earned £77,019 from all employments, £36,045 from United Kingdom pensions and state benefits, £1,200 profit from self employment, and £78 in interest from United Kingdom bank and building societies during the period stated.

Jeremy Corbyn has released his tax returns to the public, revealing a total income for 2015-16 of £114,342 ($141,000). "He has declared all income and paid the appropriate amount of tax", a Labour spokesman said in reply to the allegations of tax evasion of around £30,000.

Corbyn has a state pension, union income and a pension from his time in local government with Haringey Council.

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And critically, of those who voted for Corbyn in the party's most recent leadership election, a huge 81 per cent said they would do so again.

Can we expect any more tax returns to be published?

According to his spokeswoman, the figure in the tax return came about because of a deduction of a parliamentary pension contribution of £3,395.

In their third clarifying statement, Mr Corbyn's team finally said his extra earnings "had appeared on the return as a "benefit" rather than as pay because that was how it was categorised by HM Revenue and Customs".

He added that Mr Corbyn is likely to be "irritated [by the criticism] because it bores him to death because it's not his main agenda".

Speakingon The Andrew Marr Show on BBC1, Hammond - one of the cabinet's richest members, with interests in property development - said he did not plan to publish his own return, since "my tax affairs are all perfectly regular and up to date".

Both the Labour Party and Corbyn's office have been contacted for comment. He added: "This demonstration politics isn't helping to create a better atmosphere in British politics".

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