TaxProf Blog

Editor: Paul L. Caron, Dean
Pepperdine University School of Law

Sunday, January 15, 2012

Tony Blair and the £8Million Tax 'Mystery'

BlairThe 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.

(Hat Tip: Andy Morriss.)

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