The Staggers 11 April 2016 George Osborne reveals he earned over £40,000 last year from shares in his father's company The Chancellor paid £72,210 income tax on a total taxable income of £198,738. Getty Sign UpGet the New Statesman's Morning Call email. Sign-up George Osborne has published the information in his 2014/15 tax return, showing that he earned over £40,000 in dividend income from shares in his father’s wallpaper company, Osborne and Little. In addition to the £44,647 the Chancellor made from those shares, which he owned both directly and through a family trust, he also reported £120,256 in taxable pay and earnings as an MP and Cabinet minister, as well as £33,562 in net rental income from leasing his London home. Osborne also earned £3 in interest from savings in a UK bank. Overall, the Chancellor paid £72,210 income tax on a total taxable income of £198,738 – a rate of 36%. Osborne’s disclosure comes after David Cameron published a similar document. The Chancellor may come under pressure to match the Prime Minister by detailing the tax he has paid since 2009/10. › At last, I’ve located the source of all the travails that afflict me: I’m a victim of black magic Henry Zeffman writes about politics and is the winner of the Anthony Howard Award 2015. Subscribe For more great writing from our award-winning journalists subscribe for just £1 per month!