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Arise Sir Lewis; Formula One champion Hamilton gets his knighthood


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1 hour ago, sammieuk1 said:

He will fit right into the system well done ????

 

Hamilton appears to have used shell companies in the British Virgin Islands (BVI), the Isle of Man and Guernsey to avoid the entire £3.3m VAT bill triggered when he imported his £16.5m red Bombardier aircraft into England from Canada in 2013. Hamilton set up another Isle of Man company to purchase a €1.7m motorhome that he uses at racetracks. No VAT appears to have been paid on that purchase either. Hamilton denies using shell companies, and says the Manx entities were part of his businesses.

The British racing driver, born and raised in Stevenage, takes numerous steps to shelter his £130m fortune. He is contracted to Mercedes, with whom he secured his fourth world championship last month, via a Guernsey company. He holds a Malta company for image rights, and has lived as a tax exile since 2007, first in Switzerland and now in Monaco.

Good for him. Only an idiot would not minimise his tax.

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3 hours ago, Wullie Mercer said:

No doubt he is a good car driver, with a foriegn car, does not pay British tax and chooses to live  elsewhere. So a good British person he is not.

You might want to read the post 2 places above yours...  

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29 minutes ago, Thingamabob said:

We've never seen what Hamilton can do in a slow car. Personally I doubt that his abilities match those of Fangio, Clarke or Senna to name but a few.

Do you think he just walked into the top job?

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26 minutes ago, Sujo said:

Do you think he just walked into the top job?

 

No, he was carefully groomed for it by his father. Started as a boy in Karts. Was mates with Nico Rosberg on the karting circuit. 

 

No one should doubt the effort he's put into developing his natural skills to the fullest.

 

But he's a racing driver, a very well paid one too. Not some social leader whose there to lecture us, the people who paid for his wealth. 

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4 hours ago, Pilotman said:

wrong wrong wrong.  He pays tax on his UK interests, of which he has many,  and he drives for a team that has massive engineering  infrastructure  and therefore  jobs in the UK. People make it up as they go along.

 

Funny thing is that most people, UK or otherwise, posting on here live in Thailand and would avoid their home country's tax if they could.  Hypocrisy and jealousy are wonderful sins to have. 

 

Nothing to do with hypocrisy and jealousy.

 

Do you have access to his personal tax records? He lives in Monaco, known as a tax haven. 

 

So, as you claim to know, how much tax has he paid to HMRC over say the last 10 years? And what % of his actual worldwide income is that?

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2 minutes ago, Baerboxer said:

 

Nothing to do with hypocrisy and jealousy.

 

Do you have access to his personal tax records? He lives in Monaco, known as a tax haven. 

 

So, as you claim to know, how much tax has he paid to HMRC over say the last 10 years? And what % of his actual worldwide income is that?

where he lives has little to do with his tax liabilities on UK income. I live here in LOS, but I don't pay Thai tax, except on my property,  but I do pay both UK and Taiwan tax on income derived there.  Just check his website to see what he does in the UK that will mean he pays tax on that portion of his income. 

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