Tax

Britain’s Top Taxpayers Revealed

Britain’s top 50 taxpayers handed the Treasury more than £2 billion in taxes last year.

The tax list published by The Sunday Times includes  corporation tax, dividend tax, capital gains tax, income tax and payroll taxes, like national insurance.

Top of the list is betting tycoon Denise Coates and her family, who paid £276 million in taxes.

She shares the chief executive’s job of Bet365, the gambling conglomerate based in the Midlands city of Stoke-on-Trent.

Second is sportswear magnate Stephen Rubin, who runs international brands like Berghaus and Speedo. His family also have a major stake in retailer JD Sports.

Rubin forked out tax of £143.9 million.

Four families in the £100m plus tax club

Household appliance and technology guru James Dyson (£103 million) together with Carrie and Francois Perrodo (£101.3 million), bosses of global oil and gas firm Perenco, were the only others to pay more than £100 million in taxes.

Robert Watts, who compiled the list, said: “The rich are often bashed as tax avoiders and if that was always true then it wouldn’t matter when wealthy Brits leave the UK for Monaco, the Caribbean and other tax havens.

“The Tax List shows there are a significant number of these people who do contribute tens of millions of pounds a year towards the UK’s public finance each year.

“This shows that an exodus of the super-rich would leave us with weaker public services or paying more tax to fill the gap.”

Britain’s top 20 taxpayers

Rank Name Business interests Tax liability (£millions)
1 Denise Coates & family Gambling £276.00
2 Stephen Rubin & family Sportswear £143.90
3 Leonie Schroder & family Finance £116.80
4 Sir James Dyson & family Household & technology £103.00
5 Carrie & Francois Perrodo & family Oil, gas & wine £101.30
6 The Weston family Retailing £85.00
7 The Duke of Westminster Property £69.30
8 Tom Morris & family Discount stores £67.40
9 Sir Chris Hohn Hedge fund £58.10
10 Lord Bamford & family Construction equipment £58.00
11 Lady Philomena Clark & family Car sales £56.40
12 Sir Stelios Haji-Ioannou & family Aviation £56.30
13 Mike Ashley Sports & fashion £54.80
14 Glenn Gordon & family Spirits £54.20
15 Ranjit & Baljinder Boparan & family Food £53.00
16 John Bloor Construction & property £51.70
17 Peter Harris & family Hotels & caravan parks £51.00
18 Earl Cadogan & family Property £49.10
19 JK Rowling Novels & films £48.60
20 Baroness Howard de Walden & family Property £46.50
Total tax paid: £1,386.70

 

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