ADD ANI AS A TRUSTED SOURCE
googleads
Menu
Others

'Jet cruising' Hamilton owes UK 3.3 m pounds in taxes

Johannesburg [South Africa], Nov 7 (ANI): Formula One champion and one of the richest sportspersons in the world Lewis Hamilton allegedly avoided paying taxes on his private jet by using an elaborate scheme.

ANI Nov 07, 2017 13:09 IST googleads

'Jet cruising' Hamilton owes UK 3.3 m pounds in taxes

Johannesburg [South Africa], Nov 7 (ANI): Formula One champion and one of the richest sportspersons in the world Lewis Hamilton allegedly avoided paying taxes on his private jet by using an elaborate scheme.

He is under investigation by the HM Revenue and Customs.

According to the Guardian, Hamilton used an Isle of Man company to avoid paying a value added tax of 3.3 million pounds when he imported the aircraft into England in 2013.

This revelation has emerged in the recent Paradise Papers leak case.

Hamilton said his lawyer have checked the tax arrangements and informed him that they were lawful.

He also said that he is not directly involved with the regular management of his businesses and follows professional advice.

The Sunday Times Rich List has put Hamilton's personal wealth at an estimated 131 pounds.(ANI)

Get the App

What to Read Next

Football

Pritika's brace helps India defeat Myanmar in first U17 friendly

Pritika's brace helps India defeat Myanmar in first U17 friendly

India delivered a mature and balanced display, scoring once in each half while also maintaining a clean sheet against a spirited Myanmar side. Goalkeeper Munni played a crucial role when called upon, while the defensive line marshalled by Abhista Basnett and Elizabed Lakra remained organised and composed throughout the contest.

Read More
Football

IFL 2025-26: Rajasthan United face Namdhari SA

IFL 2025-26: Rajasthan United face Namdhari SA

Rajasthan United FC step onto the pitch at the Vidhyadhar Nagar Stadium, eager to bounce back in front of their home supporters. The Jaipur-based outfit are looking to recover from a 1-3 away defeat to Aizawl FC in the last round.

Read More
Football

IFL 2025-26 Stage 1: Dempo come from behind to hold Chanmari

IFL 2025-26 Stage 1: Dempo come from behind to hold Chanmari

Chanmari took an early lead through Suangaihmuna's header in the 15th minute and doubled their advantage in the 43rd minute when Malsawmsanga finished a well-worked move from close range. Dempo pulled one back just before half-time as Marcus Joseph set up Sebastian Gutierrez in the 45th minute

Read More
Others

Gunjan, Radhamani, Chandrika register wins for India on Day 5

Gunjan, Radhamani, Chandrika register wins for India on Day 5

In the morning session, Gunjan (48kg) secured a convincing 5-0 unanimous decision victory over Poland. Radhamani Longjam (57kg) delivered a dominant display, defeating her opponent from Ecuador by Referee Stopped Contest (RSC) in the first round.

Read More
Others

Aman Raj takes a four-shot lead over Gaganjeet Bhullar in IGPL

Aman Raj takes a four-shot lead over Gaganjeet Bhullar in IGPL

Aman was four shots clear of Gaganjeet Bhullar, the most successful Indian in history on the Asian Tour with 11 wins. Yet Aman said, "Bhullar can come back from any deficit. He is an amazing player. He showed that last year in the IGPL with his consistency."

Read More
Home About Us Our Products Advertise Contact Us Terms & Condition Privacy Policy

Copyright © aninews.in | All Rights Reserved.