Jeremy Corbyn considers voluntarily opening his tax records up to public scrutiny

David Cameron and his ministers have so far declined to release their tax records

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Indy Politics

The Labour party is considering making Jeremy Corbyn’s tax records public so they can be fully scrutinised, the party has said.

A Labour source told journalists that the move was under consideration and that a decision was expected today.

The party was asked about the possibility of revealing Mr Corbyn’s finances after the Labour leader grilled David Cameron about corporate tax avoidance at Prime Minister’s Questions.

Mr Corbyn had asked the Prime Minister to reveal the details of the Government’s tax settlement with Google, which the Government is withholding from the public.

Treasury minister David Gauke said earlier this week that ministers were not privy to details of the deal, though the Chancellor had described it as a success. 

Both Mr Gauke and Mr Cameron have disputed claims that the search giant is paying as little as three per cent corporation tax on profits from its UK sales.

Earlier this month David Cameron and his ministers came under pressure to publish their own personal tax records.

George Osborne told the Sunday Times newspaper he had “no plans” to do so, because of issues around confidentiality.

That plan to disclose ministers’ tax affairs was first floated in 2012 under the Coalition Government. 

Mr Cameron was at the time said to be happy to reveal his finances, but no details were ever released.

A decision by Mr Corbyn to unilaterally reveal his tax records could reignite the row over whether the Prime Minister and members of the Government should reveal theirs.

The Labour leader has made political transparency central to his leadership, campaigning under the slogan “straight talking, honest politics”.