SM
Denmark vs. Spain: 10 hrs 38 mins
Upcoming predictions and previews

Lewis Hamilton accused of 'dodging VAT on private jet'

:Headline: Lewis Hamilton accused of 'dodging VAT on private jet': ID:311323: from db_amp
Leaked documents suggest that Formula 1 world champion Lewis Hamilton dodged a 20% VAT charge on his £16.5m private jet in 2013.

Formula 1 world champion Lewis Hamilton avoided paying VAT on his £16.5m private jet, according to leaked Paradise Papers documents.

The 32-year-old is said to have received a £3.3m refund for the Bombardier Challenger 605, which he imported into the Isle of Man in 2013 to dodge a 20% VAT charge.

Hamilton's lawyers insist that a tax barrister review found the structure was lawful, however, as the F1 ace - who won his fourth world title last week - did not circumnavigate the rules.

"As a global sportsman who pays tax in a large number of countries, Lewis relies upon a team of professional advisers who manage his affairs," BBC Sport quotes one of his representatives as saying.

"Those advisers have assured Lewis that everything is above board and the matter is now in the hands of his lawyers."

Hamilton planned to use the jet for business purposes, but BBC Sport has obtained documents suggesting that the Mercedes driver intended to make private flights a third of the time.

amp_article__311323 : Database Data restored...  : 
last updated article - 2017-11-07 14:40:44:
html db last update - 2017-11-07 14:40:44 :

ex - 7200 : read : read cache amp html

Click here for more stories about Lewis Hamilton

Click here for more stories about Mercedes

Share this article now:
Recommended Next on SM
Premier League Table
TeamPWDLFAGDPTS
1Liverpool119112161528
2Manchester CityMan City117222213923
3Chelsea115422113819
4Arsenal115421812619
5Nottingham ForestNott'm Forest115421510519
6Brighton & Hove AlbionBrighton115421915419
7Fulham115331613318
8Newcastle UnitedNewcastle115331311218
9Aston Villa115331717018
10Tottenham HotspurSpurs1151523131016
11Brentford115152222016
12Bournemouth114341515015
13Manchester UnitedMan Utd114341212015
14West Ham UnitedWest Ham113351319-612
15Leicester CityLeicester112451421-710
16Everton112451017-710
17Ipswich TownIpswich111551222-108
18Crystal Palace11146815-77
19Wolverhampton WanderersWolves111371627-116
20Southampton11119721-144
Scroll for more - Tap for full version


Sports Mole provides in-depth previews and predictions for every match from the biggest leagues and competitions in world football.
AL
Sign up for our FREE daily preview newsletter direct to your inbox!

Loading ...

Failed to load data.



. . . . . . . . . . . . . . .