Invest Daily Pro
  • Economy
  • Investing
No Result
View All Result
  • Economy
  • Investing
No Result
View All Result
Invest Daily Pro
No Result
View All Result
Home Top News

Case closed: HMRC settles £4.9m tax case with Gary Lineker

by
December 5, 2024
in Top News
0
Case closed: HMRC settles £4.9m tax case with Gary Lineker
0
SHARES
7
VIEWS
Share on FacebookShare on Twitter

HMRC has confirmed the settlement of its high-profile IR35 tax case with Gary Lineker, ending a long-running dispute over a £4.9 million tax liability tied to his presenting work with the BBC and BT Sport.

The case, initially decided in Lineker’s favour by the First-tier Tribunal (FTT), was set for an Upper Tribunal hearing after HMRC appealed. However, the appeal was withdrawn, and the case was settled out of court. The terms of the settlement remain undisclosed.

Dave Chaplin, CEO of IR35 compliance firm IR35 Shield, shed light on the complexities of the case, explaining that Lineker operated through a general partnership, a structure that already subjected him to income tax akin to a sole trader. “Almost all income tax was already paid upfront,” Chaplin said, adding that Lineker also paid both employer and employee National Insurance Contributions due to the partnership structure.

The disputed amount, Chaplin clarified, was far lower than the widely reported £4.9 million, amounting instead to between £300,000 and £400,000 spread across several years. This represented the marginal difference between employer NICs and sole trader NICs.

While this chapter is closed for Lineker, the broader IR35 saga continues, with other tribunal cases still pending. “Our tribunal visits are far from finished,” Chaplin remarked.

The settlement marks the end of a contentious chapter for Lineker while underscoring the ongoing challenges around IR35 compliance and enforcement.

ShareTweetPin

Related Posts

Have a taste of the perfect day in paradise with SULÀ Spirits
Top News

Have a taste of the perfect day in paradise with SULÀ Spirits

January 8, 2025
First months of 2025 likely rainy amid La Niña conditions, says PAGASA
Top News

First months of 2025 likely rainy amid La Niña conditions, says PAGASA

January 8, 2025
December inflation rises to 2.9%
Top News

December inflation rises to 2.9%

January 7, 2025
Outstanding debt hits fresh high of P16.09T
Top News

Outstanding debt hits fresh high of P16.09T

January 7, 2025
Outstanding debt hits fresh high of P16.09T
Top News

Outstanding debt hits fresh high of P16.09T

January 7, 2025
PHL end-December dollar reserves drop to $106.8B
Top News

PHL end-December dollar reserves drop to $106.8B

January 7, 2025
Next Post
“Napenda Adventures Deepens Commitment to Sustainable Tourism with Expansion of Carbon Credits Program”

“Napenda Adventures Deepens Commitment to Sustainable Tourism with Expansion of Carbon Credits Program”

Recommended

Honda PHL announces recall of 16,831 cars over fuel pumps

Honda PHL announces recall of 16,831 cars over fuel pumps

November 17, 2024
Yields on term deposits mixed

Yields on term deposits mixed

August 29, 2024
Shoaib, The Gas Expert on Powered Now, Named Heating Installer of the Year!

Shoaib, The Gas Expert on Powered Now, Named Heating Installer of the Year!

November 22, 2024
Weaving the future: Likhang Habi highlights natural dyes in Philippines

Weaving the future: Likhang Habi highlights natural dyes in Philippines

October 6, 2024
Manila affirms stance vs nukes

Manila affirms stance vs nukes

August 1, 2024
Goldman Sachs Kostin Warns of a Potential S&P 500 Correction

Goldman Sachs Kostin Warns of a Potential S&P 500 Correction

March 5, 2025

    Stay updated with the latest news, exclusive offers, and special promotions. Sign up now and be the first to know! As a member, you'll receive curated content, insider tips, and invitations to exclusive events. Don't miss out on being part of something special.


    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    • About us
    • Contact us
    • Privacy Policy
    • Terms & Conditions

    Copyright © 2025 InvestDailyPro. All Rights Reserved.

    Disclaimer: InvestDailyPro.com, its managers, its employees, and assigns (collectively InvestDailyPro ) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice.
    The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    No Result
    View All Result
    • About us
    • Contact us
    • Home
    • Privacy Policy
    • Suspicious engagement
    • Terms & Conditions
    • Thank you

    Copyright © 2025 investdailypro.com | All Rights Reserved