MITT ROMNEY’S tax returns show he paid 14.1%, below his campaign’s previous estimate of 15.4%.
The Republican candidate for the US presidency (pictured) paid about to $1.9m (£1.1m) on $13.7m of income in 2011, reports the BBC.
The top rate of tax in the US is 35%, but Romney lives primarily on income derived from his investments, for which 15% tax is payable.
The private equity businessman has already released his 2010 return, which showed he paid approximately $3m, equating to 13.9%.
A letter from PwC – Romney’s accountants – pertaining to his returns from 1990-2009 said he paid an effective rate of 20.2% during that time, with the lowest return being 13.66%.
At HMRC, Dmitri Surendran was responsible for leading the London team of the offshore, corporate and wealthy unit of the fraud investigation service
Rosamond McDowell looks at key changes to inheritance tax policy, which apply from April this year
Report argues that the government must change the way it makes tax and budget decisions
Drastically fewer offices for HMRC in the hope to reduce their running costs