After weeks of speculation, Angela Rayner seems to have handed her rivals a win by admitting she did not pay the full amount of stamp duty on her new property.

The deputy prime minister – who is also the housing secretary – came under scrutiny last month when it was revealed she had bought a second home by the coast for £800,000.

They are in addition to the grace-and-favour Admiralty House in Whitehall, which she uses in her capacity as deputy PM.

Here’s why this tax revelation is a major moment, and why Rayner’s political future is now in serious doubt.

What’s happened?

Second home purchase

Rayner’s primary residence was previously believed to be her constituency home in Ashton-under-Lyne, in Greater Manchester.

It then emerged that she had purchased a second home in Hove for £8

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