Chancellor Rachel Reeves Reverses Stance, Agrees to Publish Tax Return
The announcement follows Prime Minister Keir Starmer’s commitment to release his tax details, while Conservative leader Kemi Badenoch declines to do the same.
- Rachel Reeves initially stated she would not release her tax return, citing a lack of precedent for chancellors and prime ministers to do so.
- Hours later, the Treasury confirmed Reeves would publish her tax details, aligning with Prime Minister Keir Starmer's decision to do the same.
- Keir Starmer, who previously released his tax returns as leader of the opposition, plans to continue this practice as Prime Minister.
- Former officials, including Rishi Sunak and Jeremy Hunt, disclosed their tax affairs while in government, setting a recent precedent for transparency.
- Conservative leader Kemi Badenoch and Reform UK leader Nigel Farage have both declined to commit to releasing their tax returns.