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Angela Rayner Admits Stamp Duty Underpayment on £800,000 Hove Flat

She says fresh advice on complex trust deeming rules shows more tax is due after a court let her explain the arrangement.

Overview

  • Rayner referred herself to the Independent Adviser on Ministerial Standards and pledged full cooperation.
  • She has notified HMRC and says she will pay any additional stamp duty found to be due.
  • A court undertaking that had limited disclosure about a 2020 trust for her disabled son was lifted, allowing her to detail the set‑up.
  • She says initial legal advice led her to pay the standard rate on the May purchase, but specialist counsel later advised the higher rate applies under deeming provisions.
  • Tax experts estimate the extra liability could be about £40,000, while Conservative figures call for a probe and allies caution about political repercussions.