CONTACT US

For any general inquiries, please fill in the following contact form:

Our websites never use cookies or other technologies such as pixel tags and web beacons. We only retain personal information when the contact section of our websites is filled. To proceed and get in touch with us through this format please read our Terms & Conditions, updated to be in line with the provisions of the GDPR, and tick this box to consent in us retaining the above information for contacting purposes only.

SUBMIT

Chelsea's N’Golo Kante will pay more tax than Amazon

Chelsea's N’Golo Kante will pay more tax than Amazon

The star Chelsea midfielder recently put pen to paper on a £15m deal that will see him pay £564,000 a month in income tax.

Chelsea star N’Golo Kante has signed a new £15million-a-year deal which will see him pay more tax than Amazon, it was reported last night.

Kante, 27, snubbed a scheme to get his wages paid through tax saving offshore firms, it was recently revealed in Der Spiegel's Football Leaks series.

The new deal means the French midfielder will pay £6.7million tax, more than Amazon paid last year.

The revelation shames Amazon which uses loopholes to pay the minimum.

The online giant stumped up £1.7million on £79million profits last year.

Kante could have opted to have 20 per cent of his wages covering image rights paid into a Jersey tax haven.

But he is reported to have refused and insisted everything was above board.

It is alleged that an offshore company was set up for Kante to pay his image rights into.

This tax haven would, it has been claimed, save him around £870,000 a year on his salary.

But it emerged that Kante refused to be part of the scheme.

Chelsea’s highest-paid player will now shell out £564,000 a month in income tax. He will also pay £305,000 in National Insurance annually.

According to a leaked email, his adviser told Chelsea that the World Cup winner was worried about the use of offshore firms proposed to him.

Amazon cut their 2017-18 tax bill by paying shareholder dividends. 

Source: https://www.mirror.co.uk

MORE NEWS

UK's richest man moves to Monaco to 'save £4bn in tax'

UK's richest man moves to Monaco to 'save £4bn in tax'
Brexiter Sir Jim Ratcliffe’s company Ineos is reportedly working with PricewaterhouseCoopers to reduce bill.Britain’s richest man, ...

New Compliances for Companies Registered in Tax-Friendly Regions

New Compliances for Companies Registered in Tax-Friendly Regions
The British Virgin Islands (BVI) recently passed legislation strengthening transfer pricing rules, amid international criticism for its ...

RABOBANK FINED €1 MILLION FOR POOR MONEY LAUNDERING CHECKS

RABOBANK FINED €1 MILLION FOR POOR MONEY LAUNDERING CHECKS
Dutch central bank DNB fined Rabobank over 1 million euros for not having its customer files in order, and therefore doing inadequate checks...

Who's behind the blog

Who's behind the blog

SOCIAL MEDIA