Get all your news in one place.
100’s of premium titles.
One app.
Start reading
The National (Scotland)
The National (Scotland)
National
James Walker

Rishi Sunak’s family firm Infosys still in dispute with HMRC for unpaid tax

RISHI Sunak’s family firm Infosys is still in a dispute with HMRC for unpaid corporation tax.

The Times revealed today that newly published accounts for 2023/2024 reveal that the Indian IT multinational has appealed a bill worth 209 crore – which is roughly £20 million.

This is an increase on the amount of 200 crore last year. 

Infosys is part-owned by the Prime Minister’s wife Akshata Murty with shares worth around £700 million and dividend payouts of over £50m since 2020.

We also revealed last month that it counts several of the UK’s largest weapons firms as long-standing clients and partners, including a company that builds parts for Israeli military helicopters.

We also reported last year that two months before Rishi Sunak opened hundreds of new licences for oil and gas extraction in the North Sea, Infosys signed a $1.5 billion deal with energy giant BP.

The Times of India reported in May 2023 that the company won a deal from the global energy company thought to be the second-largest in its history.

Despite the company being partly owned by his wife’s family, Sunak previously said the matter is of “no legitimate public interest”.

It comes as the CEO of oil giant Shell also joined Rishi Sunak’s new business council two weeks ago. The Byline Times reported in July 2022 that Infosys had oil giant Shell as a client, too.

Sign up to read this article
Read news from 100’s of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.