Sunak paid half a million pounds in tax last year, according to his

Rishi Sunak has published his personal tax return, showing he paid more than £500,000 in UK tax last year, as his total income rose to £2.2m.

The summary of the prime minister’s financial affairs was slipped out on Friday afternoon as parliament was in recess.

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The document shows he paid a tax bill of £508,308 in the financial year 2022-23 – around £75,000 more than what he paid in the previous year.

Mr Sunak made nearly £1.8m through capital gains – up from £1.6m in 2021/22 – as well as £293,407 in other interest and dividends.

All of the investment income and capital gains came from a US-based investment fund listed as a blind trust, according to the summary.

He also earned £139,477 from his roles as an MP and prime minister.

Rather than a full tax return, Number 10 published “a summary” of Mr Sunak’s UK taxable income, capital gains and tax paid over the last tax year as reported to HM Revenue & Customs. It was prepared by accountancy service Evelyn Partners.

A summary of his tax affairs for the year 2021/22 was also published last March, showing the prime minister paid £432,493 in taxes that year.

The latest document shows the Tory leader’s total income was up 13% from the previous year, rising from nearly £2m to £2.2m.

He paid an overall tax rate of about 23% of his annual income, because most of his earnings were in the form of capital gains, which is taxed at a lower rate than income.

Mr Sunak vocally backed the slashing of the top rate of capital gains tax from 28% to 20% by the Tory government in 2016.

Capital gains tax is a tax on gains made on the value of your assets (things that you own). The top…