Ant Dec threatened with tax crackdown which could cost them millions
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mirror.co.ukSome of Britain’s biggest stars are being threatened with a crackdown on their tax affairs which could see them paying millions more pounds to the Treasury.
A string of celebrities channel their earnings through limited companies with just one director and shareholder – themselves.
They include I’m a Celeb hosts Anthony McPartlin and Declan Donnelly, who pay their TV earnings into two identical companies which contain nearly £48million in cash and investments, according to the latest accounts.
The duo will have paid 19% corporation tax on the profits but will not have to pay income tax – 45% for top earners – unless they decide to pay it to themselves, delaying and possibly reducing a £12m tax bill.
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