Sunday, 10 April 2016

£200,000 gift for David Cameron from mother

David Cameron's mother gave him a £200,000 gift after his father's death which could potentially avoid inheritance tax, his accounts show.
In a first for a UK prime minister, Mr Cameron has released a summary of his tax returns from 2009-15 as he tries to defuse a row over his finances.
The two £100,000 payments were made a year after the PM inherited £300,000 from his father in 2010, papers show.
Ministers said he'd done nothing wrong but Labour said questions remained.
Meanwhile, Mr Cameron is to make a statement to MPs on Monday on government measures to tackle tax evasion.

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