#tax-avoidance

#tax-avoidance

Nigel Farage is using a private company to reduce his tax bill on his GB News media appearances and other outside employment in a television star-style arrangement that has in recent years become frowned on by major broadcasters. The Reform UK leader diverts money from his prime-time TV show into his company, which means that he paid only 25% corporation tax on profits, instead of 40% income tax, and could offset some expenses.

The UK's wealthiest private schools took in 500m last year through fee in advance schemes. Parents sought to avoid a 20% VAT added to school fees.

Nigel Farage claims to have bought a house in Clacton, but it turns out the property belongs solely to his girlfriend, Laure Ferrari, raising questions about tax implications.