Betfred brothers high checklist of UK’s greatest taxpayers with £400m invoice | The super-rich

[ad_1] Tim Martin, Harry Types, Ed Sheeran, Erling Haaland and Mo Salah are among the many UK’s 100 greatest taxpayers, based on new rankings.

The billionaire brothers behind the playing agency Betfred topped the Sunday Occasions 2026 tax Listing. Fred and Peter Carried out paid £400.1m in tax, about half of which pertains to playing obligation from their betting store empire.

Tim Martin. {Photograph}: Jonathan Brady/PA Martin, who based the Wetherspoon’s chain, is eighth with a private contribution put at simply shy of £200m.

JD Wetherspoon paid greater than £1m tax a pub with the chain of 794 venues pumping £837.1m into the general public funds – from levies together with company tax, enterprise charges, slot machine obligation and VAT. Martin owns 26.7% of firm shares.

In an interview, the Brexit-backing businessman criticised the federal government for including VAT to pub meals when it's not paid in supermarkets, however not for the scale of his tax invoice. He mentioned: “I can’t complain concerning the stage of taxation actually – that’s a political situation. Events put ahead their concepts and voters determine.”

The eighth version of the checklist coincides with an exodus of rich folks from the UK to offshore locations in Europe and the Center East. 5 of the figures within the 2025 league desk at the moment are resident in Jersey or Guernsey, 4 in Monaco and two in Portugal. There are others primarily based in Cyprus, Dubai and the US.

Nonetheless, Peter Carried out, 78, advised the newspaper he had no plans to give up Britain. “We owe this nation,” he mentioned. “I really feel there may be an obligation for those who have made the cash in that nation to pay the tax in that nation. Fred and myself are stopping right here.”

JK Rowling’s tax invoice was reported to be £47.5m. {Photograph}: Neil Corridor/EPA The checklist additionally contains the Harry Potter writer JK Rowling, the Timpson household behind the shoe-mending empire, the tech entrepreneur James Dyson, and Douglas and Iain Anderson, whose GAP Group offers fences and bathrooms for concert events and festivals.

The highest 10 options the financiers Alex Gerko, Chris Rokos and Peter Hargeaves, Mike Ashley, who based Sports activities Direct, Tom Morris of Residence Bargains, the Perkins household who personal Specsavers and Stephen Rubin, who owns a big stake in JD Sports activities in addition to the corporate behind Speedo.

Fourteen of this yr’s tax listers at the moment are resident abroad, based on Firms Home paperwork together with Ian and Richard Livingstone, the billionaire brothers who personal Berkshire mansion Cliveden, who final yr give up the UK for Monaco.

HMRC official knowledge signifies the UK’s highest-earning 1% – these with pre-tax incomes of a minimum of £219,000 – contribute a few quarter (26.6%) of all UK revenue tax through the present tax yr. This has fallen from 30.7% in 2021-22, primarily due to the freezing of revenue tax thresholds. The departure of some rich folks to lower-tax jurisdictions might also have contributed to the change.

Harry Types was the highest movie star taxpayer at No 54. {Photograph}: Ian West/PA Harry Types, who introduced a brand new album world tour in latest weeks, was the highest movie star taxpayer at No 54, paying £24.7m, based on the Sunday Occasions checklist, most of which associated to his touring and merchandise agency Erskine Information.

He sits 10 locations forward of fellow singer Ed Sheeran, who paid just below £20m in tax, on a £41m dividend he was paid final yr. Sheeran has mentioned: “I’ll all the time pay tax in uk coz that’s the place I dwell.”

Ranked 72, Erling Haaland, Manchester Metropolis’s Norwegian striker, is the youngest particular person to seem on the checklist. He earns a fundamental wage of greater than £500,000 per week, plus a minimum of one other £10m from picture rights and bonus funds. His estimated tax invoice of £16.9m is lower than half that of JK Rowling, whose invoice is reported to be £47.5m.

The tax checklist rankings should not a full account of all taxes paid however embrace company tax, dividend tax, capital positive aspects tax, revenue tax and a few payroll taxes, in addition to playing and alcohol duties, based on probably the most not too long ago filed firm accounts as much as 10 January.

Tax attributable to people is calculated in proportion to their share of possession of the corporate in query. Private taxation is excluded if somebody isn't listed as resident within the UK.

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