Tom Bower’s new book The House of Beckham, as serialised in The Mirror, gives a tell-all account of the lives of David and Victoria Beckham and provides insight into their tax affairs

David Beckham avoided paying UK taxes(Getty Images)

David Beckham has been accused of using a number of tactics to minimise paying UK tax in an explosive new book.

Investigative journalist Tom Bower has made a number of bombshell accusations against the footballer in his new book, The House of Beckham. He claims “money obsessed” Beckham routinely sought advice to legally minimise the amount of tax he paid and his schemes could have scuppered his chances of a knighthood. The football star and charity campaigner was snubbed once again in the latest honour’s list.




Charles’ snub comes as Beckham was unveiled as an ambassador to the King’s Foundation last month. Here, we’ve taken a look at all the ways Bower alleges Beckham has avoided paying tax.

Real Madrid move

David Beckham played for Real Madrid from 2003 until 2007(JAVIER SORIANO/AFP via Getty Images)

Following Beckham’s impressive performance with Manchester United, he was signed to Real Madrid in 2003 on a four-year contract. In The House of Beckham, it’s said the footballer “effectively become a non-dom” upon his move to the Spanish team.

This meant Beckham was not paying British taxes on his income earned outside Britain. While playing for Real Madrid, Beckham earned around £16million a year.

Beckham also stopped paying National Insurance during this time. Bower said: “The genius of it was that no one in Britain realised that Beckham had become a tax exile. Instead the public believed that he was a global success who paid his taxes in Britain.”

The author claims this was partly due to sightings of Beckham in London. He could legally visit the UK for 90 days a year while maintaining his non-resident status.

High-profile career choices

He also played for the Los Angeles Galaxy(Stephen Dunn/Getty Images)

Beckham also played for the Los Angeles Galaxy, before moving to Paris Saint-Germain in 2013. According to The House of Beckham, the footballer’s high-profile career moves abroad were centred on what tax arrangements were in place.





Source link

Leave a Reply

Your email address will not be published. Required fields are marked *