Today is deadline day for all self-assessment tax returns, with those who fail to submit their return in line for a late-fee penalty. Happily John McDonnell looks set to escape this fate — he tweeted a picture of his tax return this morning. What’s more, the shadow chancellor of the exchequer is challenging George Osborne to do the same:
After the #googletax deal for openness and transparency I've published my tax return today. Now it's Osborne's turn pic.twitter.com/Zrkecsk2M7
— John McDonnell MP (@johnmcdonnellMP) January 31, 2016
Given that MPs were on a salary of £67,060 for the tax year ending April 2015, the £61,575 declared may be a reduced figure in light of pension contributions. However, what’s more curious is that McDonnell hasn’t actually published his final calculation. Mr S suspects that in the interest of transparency, McDonnell should publish the whole return — after all he wouldn’t want to stand accused of not being open…
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