Deputy PM Rayner Resigns Over Stamp Duty Underpayment Scandal
Deputy PM Rayner Resigns Over Stamp Duty Underpayment Scandal

Deputy PM Rayner Resigns Over Stamp Duty Underpayment Scandal

News summary

Deputy Prime Minister and Housing Secretary Angela Rayner admitted to underpaying stamp duty on an £800,000 flat in Hove due to complex tax rules involving a trust set up for her disabled son. Despite acting on legal advice, she faced criticism and political pressure, prompting her to refer herself to an independent ethics adviser for investigation. Prime Minister Sir Keir Starmer has publicly supported Rayner, praising her transparency and expressing sympathy, though opposition leaders have called for her dismissal. Tax experts described the stamp duty system as confusing, especially regarding trusts and ownership transfers, highlighting the complexity that contributed to Rayner's mistake. The controversy has dominated UK political discourse, with debates during Prime Minister's Questions reflecting tensions between Labour and Conservative parties. An ongoing inquiry will determine whether Rayner will retain her positions amidst mounting scrutiny.

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