Keir Starmer's tax bill shows he sold the field for £276,000

The Labor leader paid 24.5 per cent of his salary and other income in tax, compared with 23 per cent paid by Rishi Sunak. Getty/Eddie Keogh

Sir Keir Starmer paid less than a quarter of his income in taxes last year.

The Labor leader paid 24.5 per cent of his salary and other income in taxes, compared with 23 per cent which Rishi Sunak paid.

Sir Keir paid income tax and national insurance on his salary, as well as capital gains tax on the field he sold.

The opposition received his salary as leader £128,291, of which he paid 35 per cent in tax.

He also sold a mine worth £275,739 and paid 20 per cent capital gains tax on this.

Labor noted that this was a one-off payment, rather than the annual capital gains tax paid by the Prime Minister.

p>

In total, Sir Keir paid just over £99,000 of his £405,000 income £, which is 24.5 per cent.

A person earning £100,000 a year would typically pay an effective rate of 33 per cent. after income tax and national insurance were introduced.

The overall bill remained low

Last week it emerged that Mr Sunak earned more than £2.2 million last year but paid an effective rate of tax of just 23 per cent, according to official accounts published last night.

Downing Street published the Prime Minister's report. tax return which showed he paid a total of just over £500,000 in UK taxes in 2022-23.

His total score remained low thanks to the fact that £1.8 million of his earnings were invested as capital. profit, meaning it was taxed at a lower rate of 20 per cent.

Tax fairness advocates said it resulted in Mr Sunak paying the same effective rate as someone receiving £50,000, indicating that the system is 'broken'.

Meanwhile, a person earning £100,000 a year would typically pay an effective rate of 33 per cent after income tax and national insurance are levied.

Capital gains tax is levied on the sale of assets that have increased in value.

Capital gains tax is levied on the sale of assets that have increased in value.

Capital gains tax is levied on the sale of assets that have increased in value.

p>

It covers shares, business assets and personal property worth more than £6,000, as well as property that is not your main home.

US based investment fund

Prime Tax Return Minister's report, prepared by accountants Evelyn Partners, showed that he earned £2.23. million in the 2022-23 financial year.

Its income was split, with £433,000 subject to income tax at an effective rate of 38 per cent and the remainder being capital gains.

1. The £8 million it reported as capital gains was up from £1.6 million in the previous year.

All of this income came from the earnings of a US-based investment fund, which, according to the report, it is listed as a blind trust.