Sadiq Khan: personal tax return

Sadiq Khan: personal tax return

Sadiq is committed to being an open and transparent Mayor.  Taxpayers’ money must be spent wisely, decisions made in the right way and Londoners have a right to know of any personal interests that may impact this process.

As part of this commitment, Sadiq has today published his personal tax return information from the last decade, so voters are informed of his sources of income and wealth.  This has been prepared by Sadiq’s personal chartered accountant directly from the returns submitted to HMRC.

You can download a copy of Sadiq's tax returns here.

Notes:

  1. The figures given for Sadiq Khan’s MP and ministerial salaries are lower than the official ‘headline’ figures because tax law requires the figures submitted to HMRC to not include pension contributions.
  2. The 2014/15 media appearance fee was for Sadiq appearing on Have I Got News For You.  Sadiq donated the full £1500 fee direct to charity: the Evening Standard’s Dispossessed Fund.  However, as this was his choice, he has to declare this as income in order to pay the tax due.
  3. Earlier media appearance fees include his role as presenter of BBC Radio 4’s “White House” series, exploring the history of the early Asian Members of Parliament.  http://www.bbc.co.uk/programmes/b00mfc5q/episodes/guide
  4. When first elected to Parliament in May 2005, Sadiq Khan was serving as a local councillor in Tooting (London Borough of Wandsworth).  He stood down in May 2006, at the end of his term of office.
  5. Sadiq Khan has no other form of income such as property letting, shareholdings, service companies, trust funds or capital gains.

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