Former Formula One boss Bernie Ecclestone has reportedly settled a tax fraud case, paying a £650 million tax bill, making him the second-biggest taxpayer in the UK last year. The issue involved overseas earnings and UK tax. The battle between HMRC and the super rich is intensifying. The Sunday Times Tax List also highlights JK Rowling and Ed Sheeran among the UK's highest taxpayers.
🏎️ Bernie Ecclestone now Britain’s second-highest taxpayer – after paying £650m tax fraud bill https://t.co/PfEnuIbstx
'Some of them consider being on The Sunday Times Rich List or Tax List to be a badge of honour.’ So, who has paid the most tax this year? 👀 Compiler of The Tax List @RobertEJWatts speaks to @LukeJones for #StoriesOfOurTimes https://t.co/qwyk4MRYJb
JK Rowling and Ed Sheeran among UK's highest tax payers https://t.co/ja2Y2e9Crx
“The issue was about the tax I earned overseas that the [UK] taxman thought I should pay UK tax on,” says the F1 boss who speaks out on his suspended sentence and £650m fine as the battle between HMRC and the super rich revs up ⬇️ https://t.co/yvGWAG7X2C
A more than half-billion pound tax settlement for former Formula One boss Bernie Ecclestone made him the second-biggest tax payer in the UK last year, the Sunday Times Tax List has suggested ✍️: @AugustGraham https://t.co/BTqJdd5lXH
Bernie Ecclestone's £650m fraud payout 'made him second biggest taxpayer in UK' https://t.co/AW3QqeIVy2