Close Menu
Invest Insider News
    Facebook X (Twitter) Instagram
    Tuesday, July 28
    Facebook X (Twitter) Instagram Pinterest Vimeo
    Invest Insider News
    • Home
    • Bitcoin
    • Commodities
    • Finance
    • Investing
    • Property
    • Stock Market
    • Utilities
    Invest Insider News
    Home»Property»UK’s deputy leader faces calls to resign after admitting not paying enough property tax
    Property

    UK’s deputy leader faces calls to resign after admitting not paying enough property tax

    September 3, 20252 Mins Read


    LONDON (AP) — Angela Rayner, the deputy British prime minister, faced calls to resign on Wednesday after she admitted to not paying enough tax on a home purchase.

    Following weeks of press speculation regarding the tax paid on her purchase of an apartment in Hove, on England’s south coast, Rayner said she has referred herself to the independent adviser on ministerial standards and that she has considered resigning.

    Prime Minister Keir Starmer offered his support to Rayner as opposition lawmakers, including Conservative Party leader Kemi Badenoch, demanded that she should quit or be sacked.

    In a statement, Rayner said a leading tax counsel had informed her she had received inaccurate advice when making the 800,000-pound purchase ($1 million) earlier this summer.

    Rayner said she “deeply regrets the error” and is “committed to resolving this matter fully and providing the transparency that public service demands.”

    In the U.K., levies are charged on property purchases, with higher charges due on more expensive homes and secondary residences. Reports have suggested that Rayner saved 40,000 pounds by not paying the appropriate levy, known as a stamp duty.

    A clearly emotional Rayner told Sky News that complications regarding “complex living arrangements” were stoked by her divorce in 2023 and by the fact that her son has “life-long disabilities.”

    “I’ve been in shock, really, because I thought I’d done everything properly, and I relied on the advice that I received and I’m devastated because I’ve always upheld the rules and always have felt proud to do that,” she said.

    Rayner, who holds the housing brief in the Labour government and has forged a reputation as one of its most forthright speakers, has often railed against those who deliberately underpay tax, particularly those in the preceding Conservative administration, which Labour replaced in July 2024.

    Starmer defended his deputy during weekly prime minister’s questions in Parliament, adding that he was “very proud to sit alongside” Rayner.



    Source link

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    Previous ArticleTrump family’s American Bitcoin makes stock market debut
    Next Article Trump Family’s Stake Swells To $1.46 Billion As American Bitcoin Makes Stock Market Debut

    Related Posts

    Property

    UK Homeowners Could Stop Paying Council Tax and Stamp Duty Under Burnham Plans

    July 27, 2026
    Property

    KKR, AEW Look to Sell China Property in Shanghai, Beijing

    July 22, 2026
    Property

    UK region where the most properties have risen in price revealed – not London | UK | News

    July 21, 2026
    Leave A Reply Cancel Reply

    Top Posts

    How is the UK Commercial Property Market Performing?

    December 31, 2000

    How much are they in different states across the US?

    December 31, 2000

    A Guide To Becoming A Property Developer

    December 31, 2000
    Stay In Touch
    • Facebook
    • YouTube
    • TikTok
    • WhatsApp
    • Twitter
    • Instagram
    Latest Reviews
    Bitcoin

    ‘Bitcoin has no practical use’: Jeremy Grantham says the crypto will ‘fade into irrelevance’ as it slips below $60,000

    June 26, 2026
    Bitcoin

    Cardano va renforcer le potentiel DeFi de Bitcoin, selon Hoskinson

    April 1, 2025
    Commodities

    Kotak Mahindra International becomes the first Indian firm to receive SCA license for investment and portfolio management in the UAE

    August 18, 2025
    What's Hot

    Prenetics Stops Buying Bitcoin, Pivots Money To Health Brand

    December 30, 2025

    China youth unemployment hits record high since method revised

    September 17, 2025

    Over-dependence bulk freight hamstrings railway revenues: Study – Industry News

    July 17, 2025
    Most Popular

    Three suspects accused of burglarizing Farmington property are going t…

    October 26, 2024

    Are UK buy-to-let landlords dying out – and should we care? | Buying to let

    January 5, 2026

    Spot Bitcoin ETFs Surges With Massive Inflows, Will This Trigger A Price Spike?

    August 28, 2024
    Editor's Picks

    LE POINT CRYPTOS : Le bitcoin se tasse après avoir franchi les 123.000 dollars

    July 14, 2025

    BBC finance expert explains 26% pension change and what it means for your money

    December 3, 2025

    Jimmy Wales’ Bitcoin Bubble Call Clashes With Polymarket Data

    February 26, 2026
    Facebook X (Twitter) Instagram Pinterest Vimeo
    • Get In Touch
    • Privacy Policy
    • Terms and Conditions
    © 2026 Invest Insider News

    Type above and press Enter to search. Press Esc to cancel.