Ecclestone clocks in as UK’s second highest tax payer ...Middle East

Former F1 supremo Bernie Ecclestone is used to winning, but when it comes to topping the list of the UK's top taxpayers, the 93-year-old had to settle for the runner-up spot. Ecclestone's position came after a lengthy legal battle that forced him to settle a significant debt with the UK tax authorities, which led to the payment of a hefty sum to HMRC. In total, Mr. E forked out a staggering £652.6 million consisting of tax and penalties. This substantial contribution catapulted him to the second position on the Sunday Times' UK taxpayer list, just behind Russian-born financial trader Alex Gerko, who topped the list with a payment of £664.5 million. Robert Watts, the compiler of the Sunday Ti

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Ecclestone clocks in as UK’s second highest tax payer ...Middle East

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