David Cameron (2)

Prime Minister David Cameron has suggested that party leaders and their prospective chancellors should publish their tax returns in the wake of the Panama tax scandal, but said all MPs should not have to do so.

Mr Cameron's comments came as his faced Parliament for the first time since admitting he had funds in the offshore company set up by his late father. The PM published took the unprecedented step of publishing his tax returns over the weekend, and his speech in the Commons came moments after George Osborne published his own.

The government has already made numerous calls to crackdown on tax avoidance and introduce greater transparency before the scandal broke. Mr Cameron is hosting an international summit on tackling corruption in a few weeks' time.

Labour leader Jeremy Corybn, who also published his tax return, accused David Cameron of a "masterclass in the art of distraction", and claimed there was "one rule for the super rich and another for the rest".

Mr Cameron's tax returns showed two payments of £100,000 from his mother, Mary, in 2011, a year after inheriting £300,000 from his father, Ian. Downing Street said David Cameron received the payments from his mother to "balance" the amount received by each of the children, with the PM's older brother inheriting the family home.

Last week, he admitted holding shares in Blairmore Holdings before selling them in 2010, despite denying all claims he had ever had any money offshore.

On Sunday, David Cameron announced the launch of an anti-tax dodging task force, led by HMRC and the National Crime Agency, including specialists from the Financial Conduct Authority and Serious Fraud Office. The task force will report its finding to George Osborne and home secretary Theresa May.