'No problem' publishing my tax return, says UK's Rishi Sunak

British Prime Minister says he will 'of course' follow established precedent and publish his tax affairs

British Prime Minister Rishi Sunak in Nusa Dua,, Indonesia, for the G20 meeting on Wednesday. Reuters

UK Prime Minister Rishi Sunak has said he has “no problem” publishing his personal tax return.

Multi-millionaire Mr Sunak said he would "of course" release information on his tax affairs, but could not say when his return would be released.

“That is the established precedent and I’d be very happy to follow the precedent," he said.

“In terms of timing, I will have to speak to the Cabinet Office and figure out the right way that happens. But yeah, I have no problem doing that.”

He said that "of course" this would happen in his first year in No 10.

Rishi Sunak through the years - in pictures

British Prime Minister Rishi Sunak announces July 4 as the date for the 2024 general election at No 10 Downing Street. Here, The National looks back at his political career. Getty Images

Mr Sunak during local election campaigning in Teesside in May 2024. Getty Images

Mr Sunak presents cupcakes to journalists on board a plane on the way to Warsaw in April 2024. Getty Images

Mr Sunak during a press conference in Downing Street in January after the Safety of Rwanda Bill passed its third reading in the House of Commons. Getty Images

Being applauded after his speech at the Conservative Party conference in October 2023. Getty Images

Looking pensive alongside then-home secretary Suella Braverman at No 10 in October 2023. She didn't last much longer in the cabinet. Getty Images

Mr Sunak sits in an old Special Branch police vehicle which was used to transport former prime minister Margaret Thatcher, in July 2023. Getty Images

On board Border Agency cutter HMC Seeker during a visit to Dover in June 2023. Getty Images

Mr Sunak alongside European Commission President Ursula von der Leyen, Canada's Prime Minister Justin Trudeau, US President Joe Biden, French President Emmanuel Macron and German Chancellor Olaf Scholz during the G7 Summit in May 2023. Getty Images

Mr Sunak and his wife Akshata Murty arriving in Japan ahead of the G7 Summit in May 2023. Getty Images

Mr Sunak and Chancellor Jeremy Hunt sending a message at Accrington Market Hall in January 2023. Getty Images

Mr Sunak and Ukrainian President Volodymyr Zelenskyy meet in Ukraine's capital Kyiv in November 2022. Getty Images

King Charles III welcomes Mr Sunak during an audience at Buckingham Palace, where he invited the newly elected leader of the Conservative Party to become Prime Minister and form a new government in October 2022. Getty Images

Mr Sunak makes a statement outside No 10 in October 2022 after taking office. Getty Images

Mr Sunak arrives inside Number 10 in October 2022. Photo: Simon Walker/ No 10 Downing Street

Greeted by colleagues at Conservative Party HQ after having been announced winner of the leadership contest in October 2022. Getty Images

Mr Sunak at Westminster Hall in London following the death of Queen Elizabeth II in September 2022. PA

Mr Sunak visits his family's old business, Bassett Pharmacy, on the campaign trail in August 2022. Getty Images

Mr Sunak looks at an NLAW anti-tank launcher during a visit to the Thales Defence System plant in Belfast in August 2022. Getty Images

At a hustings event in Exeter in August 2022. Getty Images

Celebrates England's first goal as he watches the Women's Euro 2022 final in Salisbury in July 2022. Getty Images

Mr Sunak and Ms Truss take part in the BBC Leadership debate at Victoria Hall, Hanley, in July 2022. Getty Images

With daughters Krisna and Anoushka and wife Akshata Murthy in July 2022. Getty Images

Opening the Great Ayton Village Fete during the queen’s Platinum Jubilee celebrations in June 2022. Getty Images

Mr Sunak and Ms Murthy speak to then-Prince Charles at a British Asian Trust event in February 2022. Getty Images

Mr Sunak arrives at COP26 in Glasgow in November 2021 when he was chancellor. Getty Images

Holding the budget box as he departs 11 Downing Street to deliver his Autumn Budget in October 2021. Getty Images

At a press conference on the 2021 Budget in London in March 2021. Getty Images

With former prime minister Boris Johnson during a visit to PD Ports on the River Tees in March 2021. Getty Images

Mr Sunak poses with the budget box at 11 Downing Street in March 2021. Getty Images

Meeting staff back at work after being furloughed at Hamleys toy shop in London, December 2020. Photo: HM Treasury

Mr Sunak visits the Imperial Clinic Research Facility at Hammersmith Hospital, London, in November 2020. Getty Images

Lighting a candle for Diwali on Downing Street, November 2020. Getty Images

Working on a speech in his flat above 11 Downing Street in November 2020. Photo: HM Treasury

Mr Johnson and Mr Sunak visit the headquarters of Octopus Energy in London in October 2020. Getty Images

With his 'Winter Economy Plan' outside 11 Downing Street in September 2020. AFP

Decorating a plate at Emma Bridgewater pottery in Stoke pottery in September 2020. Getty Images

Promoting 'eat out to help out' on the Isle of Bute, Scotland, in August 2020. Getty Images

A member of the public takes a selfie with Rishi Sunak during a visit to Scotland in August 2020. AFP

Visiting a Wagamama restaurant in central London in July 2020. Photo: HM Treasury

Rishi Sunak visits a Pret A Manger in Westminster in July 2020. HM Treasury

With Mr Johnson at his first Cabinet meeting after a reshuffle at 10 Downing Street in February 2020. Getty Images

Mr Sunak speaks during a general election debate in Cardiff in November 2019. Getty Images

Mr Sunak pledged to publish his tax return during his unsuccessful Tory leadership campaign during the summer.

His family’s finances came under intense scrutiny when he was chancellor, when the “non-domiciled” status of his wife Akshata Murty was revealed.

The arrangement reportedly saved her millions in British taxes while the cost of living soared.

The billionaire’s daughter who married Mr Sunak in 2009 is thought to be worth hundreds of millions of pounds and the couple made the Sunday Times Rich List in May, with a combined fortune of £730 million ($870m).

Rishi Sunak's childhood landmarks - in pictures

Rishi Sunak was born in Southampton on the south coast of England. Here he is pictured visiting his family's old business, Bassett Pharmacy, in Southampton, during his campaign to be leader of the Conservative Party in August. PA

The childhood home of Mr Sunak: 21, Spindlewood Close, in Southampton. Getty Images

The former Oakmount Prep School where Rishi Sunak was a pupil before going on to Winchester College. The school closed in 1989. Getty Images

The Vedic Society Hindu Temple in Southampton, which was established by Ramdas Sunak, Mr Sunak's grandfather. Getty Images

The Vedic Society Hindu Temple prepares to celebrate the Hindu New Year. Mr Sunak's family were regulars at the temple during his childhood. Getty Images

The Raymond Road Doctors Surgery where Yashvir Sunak, Rishi Sunak's father, practiced medicine in Southampton. Getty Images

The former site of Kuti's Brasserie in Oxford Road Southampton, where Mr Sunak worked shifts in the 1990s. Getty Images

Southampton Football Club's St Mary's Stadium. Mr Sunak claims to be a big fan of his home-town team. Getty Images

Ms Murty’s tax status typically applies to someone who was born overseas and spends much of their time in the UK, but still considers another country to be their permanent residence.

While the non-dom status is legal, critics said it looked bad at a time when the then-chancellor increased the tax burden on the British public.

Indian relatives of UK Prime Minister Rishi Sunak celebrate his new job - video

Mr Sunak said his wife was entitled to use the arrangement because she was an Indian citizen and planned to move back to her home country to care for her parents.

After the controversy, Ms Murty said she would pay UK taxes on all of her worldwide income.