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Gary Lineker's £5m own goal over massive tax bill - Vimarsana News

Gary Lineker's £5m own goal over massive tax bill

Gary Lineker is being chased for a tax bill of almost £5million by HMRC, it was reported last night. The former England star has channelled his earnings as a freelancer presenting Match Of The Day and other shows at the BBC and also BT Sport through a company partnership which he set up in 2012. This type of business set-up is completely legal, but the taxman has in recent years been pursuing TV and radio stars who have used this approach. Gary Lineker is being chased for a tax bill of almost £5million by HMRC, it was reported last night HMRC believes that these people were in effect employ...

Gary Lineker pursued by HMRC over £5m tax bill - Vimarsana News

Gary Lineker pursued by HMRC over £5m tax bill

Gary Lineker pursued by HMRC over £5m tax bill Lineker is the latest star to be chased under IR35 legislation 6 May 2021 • 7:20pm Gary Lineker is appealing against the £5m bill Credit: BBC Gary Lineker is being pursued by HMRC over a £4.9 million tax bill, it has emerged. The Match of the Day presenter, who is freelance, set up a partnership in 2012 with his then wife and used it to channel his earnings from the BBC and his other job with BT Sport. The arrangement is legal but HMRC is pursuing presenters who used partnerships and personal service companies, arguing that they were effecti...

Taxman chasing Gary Lineker for £5m over IR35 dispute - Vimarsana News

Taxman chasing Gary Lineker for £5m over IR35 dispute

Taxman chasing Gary Lineker for £5m over IR35 dispute Lineker is the latest high profile presenter to face the wrath of the taxman because of IR35 legislation. (Getty Images) The taxman is pursuing Match of the Day presenter Gary Lineker over a tax bill of £4.9m, linked with IR35 legislation. Lineker, who is self-employed, set up a partnership with his former wife in 2012, which he used to channel his earnings from BT Spot and the BBC. According to tax tribunal documents, published last month, the former footballer has been in a dispute with HMRC for well over a year about ...

Source: cityam.com
Gary Lineker in £4.9m tax battle in UK over freelance earnings - Vimarsana News

Gary Lineker in £4.9m tax battle in UK over freelance earnings

  Television sports star Gary Lineker is embroiled in a £4.9 million battle with the UK tax authority, which has accused him of being a “disguised employee”. Tax tribunal documents published last month reveal the Match of the Day presenter and former England footballer has been in dispute with HM Revenue & Customs for well over a year. HMRC are seeking £3.6 million in income tax and £1.3 million in national insurance contributions from Lineker for work he performed for the BBC between the 2013/2014 and 2016/2017 tax years, and for BT Sport during the 2015/2016 and 2017/201...

HMRC downplays significance of CEO email 'questioning' legal basis of loan charge policy - Vimarsana News

HMRC downplays significance of CEO email 'questioning' legal basis of loan charge policy

HMRC downplays significance of CEO email ‘questioning’ legal basis of loan charge policy A document dump of emails shared between HMRC officials has prompted loan charge campaigners to further question the legal footing of the government’s controversial disguised remuneration policy Share this item with your network: By Published: 23 Apr 2021 17:00 HM Revenue & Customs (HMRC) has sought to play down the significance of a private email in which its CEO appears to question the legal footing of the department’s controversial loan charge policy. The email, disclosed as part of a docu...