David Cameron sets out tax data measures

British prime minister David Cameron has set out new measures to make it harder for people to hide the proceeds of corruption offshore, as Labour leader Jeremy Corbyn and chancellor of the exchequer George Osborne published details of their tax returns.

The chancellor’s release showed he received taxable income of £198,738 (€248,059.68) in 2014/15, including £44,647 in the form of dividends and rental income of £33,562, and that he paid income tax of £72,210.

The figures showed Mr Osborne was earning enough to benefit from his cut in the top rate of income tax from 50p to 45p.