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January 16, 2012
Tony Blair and the £8Million Tax 'Mystery'
The Sunday Telegraph, Tony Blair and the £8Million Tax 'Mystery':
Former Prime Minister Tony Blair channelled millions of pounds through a complicated web of companies and paid just a fraction in tax. ...Official accounts show a company set up by Mr Blair to manage his business affairs paid just £315,000 in tax last year on an income of more than £12 million. In that time, he employed 26 staff and paid them total wages of almost £2.3 million.The accounts provide the strongest evidence yet of the huge sums generated by Mr Blair through his various activities since quitting Downing Street in June 2007.
- Daily Mail, The £12m Tax Mystery: Tony Blair's Earnings Soar by 42% (But He Only Pays £315,000 to HMRC)
- The Telegraph, Inside the Intriguing World of Tony Blair Incorporated
(Hat Tip: Andy Morriss.)
January 16, 2012 in Celebrity Tax Lore, Tax | Permalink
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