Frankie Dettori Faces Tax Dispute with HMRC

Renowned Italian jockey Frankie Dettori is embroiled in a legal dispute with HM Revenue and Customs (HMRC) over a tax avoidance scheme, following a court decision to lift his anonymity. Dettori employed specialist tax advisers to manage his finances, who assured him that the tax structure they created was HMRC-approved. However, HMRC is now challenging this structure, leading to Dettori dismissing his former advisers and working with new ones to resolve the issue. The legal battle highlighted the principle of open justice, with HMRC and media outlets successfully arguing against his anonymity. Dettori, who initially planned to retire in 2023 but later continued his career in the United States, is facing significant backdated tax liabilities. He remains committed to working closely with HMRC to quickly address the matter.