UK's Top 100 Taxpayers Contribute Nearly £5 Billion
UK's Top 100 Taxpayers Contribute Nearly £5 Billion

UK's Top 100 Taxpayers Contribute Nearly £5 Billion

News summary

Sir Chris Hohn has topped the Sunday Times Tax List for 2025, contributing nearly £340 million in taxes, significantly impacting the UK’s public finances. Following Hohn are Betfred founders Fred and Peter Done, with a tax bill of £273.4 million, and the Coates family, behind Bet365, at £265 million, marking them as the top taxpayers in the Midlands. The overall contribution from the top 100 taxpayers fell by 7% to just under £5 billion, attributed to sluggish economic growth affecting corporate profits. The list also includes notable figures like JK Rowling and Ed Sheeran, highlighting a diverse range of industries represented. Additionally, the findings underscore the financial challenges facing Chancellor Rachel Reeves amid a growing budget deficit. The list reflects the importance of tax contributions from wealthy individuals and their businesses during economic uncertainty.

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