Corbyn Fined £100 For Late Tax Return

Labour leader Jeremy Corbyn has published his tax return - revealing he was fined £100 for filing after the deadline.

Mr Corbyn published last year's return, amid similar moves by David Cameron, George Osborne and London Mayor Boris Johnson.

It has been revealed that Mr Osborne paid £72,210 in income tax on taxable income of £198,738.

Meanwhile, Mr Johnson earned £1,985,901 between 2011 and 2014, meaning he paid £916,481 in tax. 

The revelations come in response to the row over tax avoidance.

r Corbyn's 10-page document, which was handwritten, showed the date of submission as February 2 2016.

The deadline for paper submissions was October 31 and for online submissions January 31.

Returns filed up to three months late attract a fine of #100 - with higher penalties if longer.

The document also indicated that he declared £1,850 of additional income beyond his Parliamentary salary.

Mr Cameron attacked Mr Corbyn for taking so long to reveal his return to the Commons. 

The PM said it had been "convenient" that the Labour leader had failed to publish in time for scrutiny before Prime Minister's Questions.

Meanwhile, shadow chancellor John McDonnell released his details in January during the row over the back tax paid by the internet giant Google.

Mr McDonnell earned £61,575 and paid £14,253 in tax.

Mr Cameron has also set out new measures to make it harder for people to hide the proceeds of corruption offshore.

In a Commons statement, Mr Cameron - who published his tax return at the weekend - said it was right that those who aspired to run the nation's finances declare their own tax affairs.

"I am not suggesting that this should apply to all MPs," he said.

"I think there is a strong case for the Prime Minister and the Leader of the Opposition, and for the Chancellor and shadow chancellor, because they are people who are or who wish to be responsible for the nation's finances."