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Tory leadership contender Michael Gove publishes tax returns

Michael Gove announced he would be standing in the Tory leadership race in a shock announcement on Thursday. Credit: PA

Michael Gove has become the first contender in the Conservative leadership race to publish his tax returns during the campaign.

The Justice Secretary paid nearly £70,000 tax in the two years up to April 2015, the documents reveal.

Mr Gove's income in 2013/14 when he was Education Secretary was £117,786 and his high salary meant his personal allowance was reduced to £547, according to the documents.

£70K
Approximate tax paid in the two years up to April 2015

The following year his earnings dropped to £96,071 when he became chief whip following David Cameron's cabinet reshuffle.

For the 2013/14 financial year, Mr Gove faced a tax deduction of £40,723, with an over payment of £214.20. He had previously underpaid by £15.20, the records show.

The following year, the total tax deducted was £27,929 and the remaining tax due totalled £280.80.

£117K
Income in 2013/14
£96K
Income in 2014/15

Mr Gove did not have any income from trusts, property and capital gains.

A spokesman for Michael Gove said: "Michael accepts that candidates for the job of prime minister should be transparent about their income and tax affairs."

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