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Starmer denies putting ‘donkey field’ in trust to avoid inheritance tax
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The Independent
Read our Privacy noticeSir Keir Starmer was grilled at the start of the Labour conference over allegations that he previously avoided an inheritance tax bill.
The prime minister denied putting a seven-acre field he bought behind his parents’ property into a trust, which would have allowed him not to pay inheritance tax.
Sir Keir bought the field behind his parents’ house for £20,000 and sold it for almost £300,000 in 2022.
A Downing Street spokesperson told The Sunday Times: “Keir Starmer bought a field for his parents to use for their donkeys during his parents’ lifetime.
His only consideration was the wellbeing of his parents … Keir Starmer engaged a leading tax KC to give him comprehensive advice on all the taxes paid.