I’m just wondering who is going to chunter over this:
Denise Coates, the billionaire founder and boss of gambling firm Bet365, paid herself £217m last year as her company made a £525m profit from a record £47bn of bets.
The 50-year-old, who started Bet365 in a Portakabin in a Stoke car park 17 years ago, is now the best-paid boss in Britain, dwarfing previous titleholder ad man Sir Martin Sorrell on £48m.
Coates’s £199,305,000 pay this year is more than 1,300 times that of the prime minister and more than double the wage bill of Stoke City, the Premier League club owned by Bet365. On top of the £199m, Coates collected £18m in dividend payments.
That would seem to indicate that it really was pay. So, employers NI, income tax in the top band, that’ll be at least 50% tax paid then. Not even using Ritchie’s dividend trick.
Do we expect to see anything about how much she has contributed to he Exchequer then?