More importantly, why is he funnelling all his earnings through a holding company and then taking personal loans out of that company? Smells a bit Jimmy Carr to me.
MAMs, Englebert Humperdink and Tom Jones' management company did the same in the sixties. Corporation tax was far lower than personal tax! The Beatles did the Bahamas sequence in HELP! to avoid paying 95% tax!
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MAMs, Englebert Humperdink and Tom Jones' management company did the same in the sixties. Corporation tax was far lower than personal tax! The Beatles did the Bahamas sequence in HELP! to avoid paying 95% tax!