Apr 11, 2016

David Cameron: "Blame me for mishandling Panama Papers" and Admits He Profited From Father's Panama Offshore Trust and Admits He Profited From Father's Panama Offshore Trust - April 11, 2016 CET

Posted: 10 Apr 2016 08:09 AM PDT

David Cameron's mother gave PM £200,000 gift

David Cameron's mother gave him a £200,000 gift after his father's death which could potentially avoid inheritance tax, his accounts show.

In a first for a UK prime minister, Mr Cameron has released a summary of his tax returns from 2009-15 as he tries to defuse a row over his finances.

The two £100,000 payments were made a year after the PM inherited £300,000 from his father in 2010, papers show.

Ministers said he'd done nothing wrong but Labour said questions remained.

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