Fresh headache for Labour as questions grow over Angela Rayner's tax affairs

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Labour's deputy leader has faced questions on whether she paid the right amount of tax on the 2015 sale of her council house, due to confusion over whether it was her principal residence.

Labour's deputy leader Angela Rayner is facing fresh questions over her tax affairs - and there's a feeling in Westminster that they will not be the last. It's the same allegation that keeps popping up around whether she paid enough tax on the sale of her home in Stockport in 2015. She had bought her ex-council house and made £48,000 on the sale which, if it was not her principal property, would have been eligible for capital gains tax.

She has always maintained she has done nothing wrong - she also said she had expert tax advice, which has 'confirmed' her position. The rules around capital gains tax are somewhat complex. Married couples can only have one principal residence for capital gains tax purposes but if the couple own more than one home then they are free to choose which is their principal residence. And clearly social media postings are not conclusive.

 

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