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Terrible, terrible

Everton has paid about £30m in interest charges to an opaque lender associated with a tax exile, corporate records suggest.

A tax exile? Oh, you mean someone who doesn’t live in the UK?

Documents relating to companies in separate offshore jurisdictions suggest the trail of Everton’s RMF debt leads to Michael Tabor, a Monaco- and Barbados-based racehorse owner and leisure entrepreneur.

11 thoughts on “Terrible, terrible”

  1. Otto @ 6.45, or Nigel Mansell, James Toseland and up until her death, Mollie Sugden….. And what about Sean Connery, who so adored bonnie Scotland he lived in the Bahamas: from Wiki “The economy has a very competitive tax regime (classified by some as a tax haven”.

  2. If I had Hamilton’s money, I’d also live somewhere that didn’t try to steal quite so much of it.

    Hopefully I wouldn’t be so much of a cunt though.

  3. It’s always fun when the guardian lectures us about legal but morally questionable tax avoidance whereas:-

    the Guardian Media Group is obliged to pay tax and therefore its use of an offshore tax shelter in the Cayman Islands to avoid paying any tax on the £302 million in profit it realised from the sale of Auto Trader in 2008 was straightforward tax avoidance.

    Or how about this little follow-up a few years later:-

    https://pressgazette.co.uk/publishers/nationals/guardian-secure-for-generations-to-come-after-tax-free-bonanza-of-619m-from-auto-trader-sale/

  4. On foreigners and their wealth, Hunt is again making UK poorer by turbo charging Brown’s policy of evicting them

    Punishing non-doms is class war populism

    “Both the Labour and Conservative parties are engaged in an unedifying bidding war as to which of them will tax rich foreigners the most”

    CINO socialist MPs recruited by David Cameron hell bent on destroying UK
    .

    As it’s the weekend, time to navigate

    Government Obstacles

  5. JG @ 8.59. She is listed as having lived on the Isle of Man, hence her inclusion, but apologies if my sauce was incorrect………

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