JK Rowling to Harry Kinds: Who're the UK’s largest taxpayers?

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Your assist makes all of the distinction. Learn extra JK Rowling, Mo Salah and Harry Kinds had been among the many UK’s 100 largest taxpayers, in accordance with the annual Sunday Occasions Tax Checklist.

The rankings had been topped for the primary time by the billionaire brothers behind playing large Betfred, surpassing musicians, entrepreneurs and sporting stars.

Fred and Peter Finished, who based the Warrington-based enterprise in 1967, made an estimated £400.1 million tax contribution over the previous 12 months, in accordance with the listing.

It got here after their tax invoice jumped by virtually half from £273.4 million a 12 months earlier.

The listing confirmed that the highest 100 taxpayers paid a complete of £5.758 billion value of tax, up from £4.985 billion a 12 months earlier.

Many on the listing, together with the Finished brothers, paid extra tax after adjustments to company tax charges and different taxes by the Labour Authorities in a bid to assist greater welfare spending.

Robert Watts, who compiled the listing, mentioned: “That is an more and more numerous listing, with Premier League footballers and world well-known pop stars lining up alongside aristocrats and enterprise homeowners promoting pies, pillows and child milk.

“This 12 months there’s been a giant bounce within the quantity of tax we’ve recognized – largely due to greater company tax charges.”

Monetary buying and selling entrepreneur Alex Gerko was second on the listing with £331.4 million in tax, adopted by hedge fund boss Chris Rokos, who paid £330 million.

Elsewhere, former One Course member-turned-solo artist Kinds was amongst new entries to the listing, paying £24.7 million in tax.

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Two footballers additionally joined the listing for the primary time, with Manchester Metropolis’s Erling Haaland showing at quantity 72 on the listing with an estimated tax cost of £16.9 million and Liverpool’s Salah believed to have a invoice of £14.5 million.

Different well-known figures on the listing included Harry Potter creator Rowling, at 36 with a invoice of £47.5 million, and musician Ed Sheeran, at 64 with a £19.9 million tax cost.

Six taxpayers function on the listing regardless of leaving the UK over the previous 12 months, amid experiences of rich people shifting to keep away from greater taxes below Labour or because of the removing of non-dom standing.

These included Revolut founder Nik Storonsky, Wren Kitchens founder Malcolm Healey and sports activities promoter Eddie Hearn.

Mr Watts mentioned: “One in 9 of the individuals who make the tax listing are not listed as resident right here within the UK, as an alternative selecting to reside in Morocco, Dubai, Switzerland, Cyprus, Portugal, the USA and the Channel Islands.

“Clearly the tax listers who've moved offshore are nonetheless delivering large sums to HM Treasury by means of their companies, however the Chancellor would little question be elevating much more cash from these folks had they chosen to remain put and stay liable for private tax right here.”