TaxProf Blog

Editor: Paul L. Caron
Pepperdine University School of Law

A Member of the Law Professor Blogs Network

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.)

http://taxprof.typepad.com/taxprof_blog/2012/01/tony-blair.html

Celebrity Tax Lore, Tax | Permalink

TrackBack URL for this entry:

http://www.typepad.com/services/trackback/6a00d8341c4eab53ef0162ffa5e797970d

Listed below are links to weblogs that reference Tony Blair and the £8Million Tax 'Mystery':

Comments