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UK gambling bosses see their personal wealth increase by £4 9bn

Listed betting stocks Flutter, the owner of Paddy Power and Betfair, and Ladbrokes-owner Entain have risen by around 70 per cent since the start of 2020.  Bet365, which is owned and run by Denise Coates and her family rather than listed on the stock market, was valued at £6.5billion a year ago. If its value has risen by the same amount as its stock market-listed rivals, it would now be worth more than £10billion. That would add more than £4billion to the Coates’ family wealth. One industry analyst said the company could be valued at between £7billion and £10billion, adding that ‘a £10billion valuation isn’t silly’.

Ed Sheeran pays £28m in tax to UK government | East Anglian Daily Times

The betting website’s joint chief executive and her family, who are worth £7.166billion, had a tax liability of £573m last year, according to the list. Fred and Peter Done, the brothers behind bookmakers Betfred, came in third with a tax bill of £191.3m, while inventor Sir James Dyson sat in sixth place having paid £115m. Vacuum cleaner mogul Sir James, who topped the 2020 rich list with his £16.2bn fortune, contributed £12m more in tax than the year before. The list, which mostly covers business and personal tax exposure to the end of 2019, shows the amount of tax taken from Britain’s super-rich fell sharply even before the Covid-19 pandemic took hold.

Ed Sheeran pays £28m in tax to UK government

The betting website’s joint chief executive and her family, who are worth £7.166billion, had a tax liability of £573m last year, according to the list. Fred and Peter Done, the brothers behind bookmakers Betfred, came in third with a tax bill of £191.3m, while inventor Sir James Dyson sat in sixth place having paid £115m. Vacuum cleaner mogul Sir James, who topped the 2020 rich list with his £16.2bn fortune, contributed £12m more in tax than the year before. The list, which mostly covers business and personal tax exposure to the end of 2019, shows the amount of tax taken from Britain’s super-rich fell sharply even before the Covid-19 pandemic took hold.

JK Rowling pays £34 8m and Ed Sheeran pays £28 2m: Britain s top tax payers revealed

Updated: 29 Jan 2021, 20:30 HARRY Potter is doing a wizard job of helping to prop up the UK economy while many leading businesses were crippled by the coronavirus pandemic. Creator JK Rowling was among the super-rich paying markedly less than in previous years but she still poured £34.8million into the public purse. The staggering sums in tax paid by Britain s super-rich 6 6 6 Entrepreneur James Dyson paid £115 million in taxCredit: PA:Press Association It is £14million down on the previous year owing to the closure of theatres and theme parks but she still earned £72.5million. She has previously spoken out against “greedy tax exiles” and pledged all the royalties from her latest book, The Ickabog, to charities hit hardest by the pandemic.

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