Here are all the excuses MPs are using for not revealing their taxes

It's not just Donald Trump who is under pressure regarding tax returns.

Jeremy Corbyn published his tax return on Sunday, which did not obviously label he money he is entitled to as Leader of the Opposition. Labour said the £27,192 sum was listed under his pensions and benefits, which his office later clarified was defined that way by HMRC:

A statement from Labour read:

The payment he received in 2015-16 as Leader of the Opposition appears on the return as a 'benefit' rather than as pay because that is how it is categorised by Her Majesty's Revenue and Customs.

This figure is calculated after deducting the waivers Jeremy has made of earlier increases to the benefit. These waivers were also made by his predecessor, Ed Miliband. A parliamentary pension contribution of £3,395 was also deducted.

Shadow Chancellor John McDonnell also published his tax returns.

However, Conservative politicians who may have been enjoying the scrutiny, dubbed by some an own goal, are now being questioned as to their tax affairs.

And they have a litany of reasons as to why they shouldn't need to publish them:

Chancellor Philip Hammond told the BBC's Andrew Marr Show:

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.

Tory MP Kit Malthouse, a member of the Treasury Committee, told the Wesminster Hour of publishing his:

No I wouldn’t. 

I do think there should be some limits on privacy that politicians are entitled to and that’s one of them.

Prime Minister Theresa May's spokesman said:

The Prime Minister published her tax return in July as part of the Conservative leadership process and there’s no commitment then and there’s no sort of long-standing convention to publish and no current plans to do so.

You saw it in July, there are no further plans for the moment.

While Business Minister Margot James told the Daily Politics:

I think the Chancellor has got a good point.

People have all sorts of legitimate and legal arrangements involving their children and other matters of that nature if they’re earning that sort of money and I think we should respect their privacy.

HT Political Scrapbook

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