Lewis Hamilton

[Bo_apex]

HustleRussell said:

presumably all the sanctimonious people boring on about tax would go to great lengths to ensure that they make full and proper contribution to the UK treasury and would never think about all of those millions they'll never see.

Absolutely. British. Contributor. Proud.

Now Lewis, did you mention you were proud to be British standing in front of that Union Jack flag ?

[LDN]

Bo_apex said:

HustleRussell said:

presumably all the sanctimonious people boring on about tax would go to great lengths to ensure that they make full and proper contribution to the UK treasury and would never think about all of those millions they'll never see.

Absolutely. British. Contributor. Proud.

Now Lewis, did you mention you were proud to be British standing in front of that Union Jack flag ?

Do you get as upset at Jenson / Coulthard / et al... for doing the exact same thing? I have a sneaking suspicion you do not

Grow up.

[anonymous-user]

Paraphrased from a leading accountancy firm:

"Monaco residents are not subject to tax on their worldwide income. Some countries will insist that Monaco residents pay tax in that Country, should the majority of their earnings originate there. However, residents working sporadically or all over the world can avoid paying it altogether."

I have no idea who pays what tax and even less interest. Tax avoidance is there for us all to take in one form or another.

[MitchT]

Where does the money come from the maintain public spaces and services in Monaco? I'm guessing there's some very interesting reading somewhere.

[The Moose]

Does the assumption that you pay tax where you earn it mean that people who internationally travel for work pay tax in those countries?

A friend of mine used to live in Brussels and spend nearly half his time in New York. Still paid in Brussels.

[37chevy]

1) pretty much every f1 driver has done the same including Jackie Stewart...don't see anyone bashing them

2) why would you pay tax in a country that you don't live in...tax is there to sustain services like the NHS, police, road infrastructure etc etc. If you don't use them other than holidays and the short period you work in the country why should you pay it?

3) Lewis can't change where he was born so why should he stand under an American or monoco flag on the podium

[37chevy]

The Moose said:

Does the assumption that you pay tax where you earn it mean that people who internationally travel for work pay tax in those countries?

A friend of mine used to live in Brussels and spend nearly half his time in New York. Still paid in Brussels.

Sports events are different. I remember a row that broke out pre olympics or commonwealth games because foreign athletes suddenly realised they had to pay an extra tax on their winnings/ earnings when they competed in the uk

[37chevy]

If people really want to bh and moan then go after people who actually live/ work in the country, benefit from it and evade/ avoid tax https://www.google.co.uk/amp/s/www.thesun.co.uk/sp...

[sparta6]

Bo_apex said:

No draining of forum, just a mere objective viewpoint. If Lewis wanted to contribute his normal share, he would have stayed domiciled in Britain. Simple!

+1
The only motivation for becoming based in Monaco is to minimise his tax contribution to Britain. It might be more palatable if he stopped trumpeting his British and proud patter. Greg Rusedski anyone...?

[thegreenhell]

MitchT said:

Where does the money come from the maintain public spaces and services in Monaco? I'm guessing there's some very interesting reading somewhere.

They collect VAT on goods and services purchased in the Principality. They also still have a form of corporation tax for businesses based there.

[LDN]

sparta6 said:

Bo_apex said:

No draining of forum, just a mere objective viewpoint. If Lewis wanted to contribute his normal share, he would have stayed domiciled in Britain. Simple!

+1
The only motivation for becoming based in Monaco is to minimise his tax contribution to Britain. It might be more palatable if he stopped trumpeting his British and proud patter. Greg Rusedski anyone...?

You chaps need your head read... as has been said umpteen times; Hamilton has done nothing that nigh on every other British driver hasn't also done; including some very patriotic ones indeed.

You boys will have to troll harder than that

[M3ax]

I'm proud of my country of birth but I havent lived there, nor paid tax there for 17 years. I wonder what that says about me?

[sparta6]

LDN said:

sparta6 said:

Bo_apex said:

No draining of forum, just a mere objective viewpoint. If Lewis wanted to contribute his normal share, he would have stayed domiciled in Britain. Simple!

+1
The only motivation for becoming based in Monaco is to minimise his tax contribution to Britain. It might be more palatable if he stopped trumpeting his British and proud patter. Greg Rusedski anyone...?

You chaps need your head read... as has been said umpteen times; Hamilton has done nothing that nigh on every other British driver hasn't also done; including some very patriotic ones indeed.

You boys will have to troll harder than that

Sir Jackie Stewart and David Coulthard don't count. We all know the Scots have a tight reputation

[swisstoni]

M3ax said:

I'm proud of my country of birth but I havent lived there, nor paid tax there for 17 years. I wonder what that says about me?

You aren't Lewis Hamilton so you are off the hook.

[Vocal Minority]

I do enjoy this thread - 1001 ways to wind up Lewis Hamilton's self appointed Internet body guards

[swisstoni]

Vocal Minority said:

I do enjoy this thread - 1001 ways to wind up Lewis Hamilton's self appointed Internet body guards

It's the thick haters that amuse me, so everyone's a winner.

[KevinCamaroSS]

Bo_apex said:

KevinCamaroSS said:

His pay check will be divided into 20 (if 20 races in the season), so 5% will be allocated to the UK, and 5% to each of the countries the races take place in. Therefore he will likely be paying more UK tax than you or I.

A nice idea but it's highly likely that his well oiled accountant can get his UK tax contribution down to single digits with creativity. Meanwhile his team of mechanics, who travel travel with him to each race, are almost certainly contributing their normal 20% tax etc to UK Treasury, unless they are domiciled in Monaco ofcourse !

Of course he will have a tax accountant advising him, but, 5% is single digits in percentage terms is it not? These rules are well-established in international law and generally work well. If he is paying UK tax on even 2% of his annual income that is a significant amount anyway.

[cuprabob]

sparta6 said:

LDN said:

sparta6 said:

Bo_apex said:

No draining of forum, just a mere objective viewpoint. If Lewis wanted to contribute his normal share, he would have stayed domiciled in Britain. Simple!

+1
The only motivation for becoming based in Monaco is to minimise his tax contribution to Britain. It might be more palatable if he stopped trumpeting his British and proud patter. Greg Rusedski anyone...?

You chaps need your head read... as has been said umpteen times; Hamilton has done nothing that nigh on every other British driver hasn't also done; including some very patriotic ones indeed.

You boys will have to troll harder than that

Sir Jackie Stewart and David Coulthard don't count. We all know the Scots have a tight reputation

Indeed and to fair to Sir Jackie top rate tax was around 90% during his period, if my memory serves me right.

[Vocal Minority]

95% at one point I believe.

Even with my left leaning sensibilities that is OTT.

[VladD]

KevinCamaroSS said:

If he is paying UK tax on even 2% of his annual income that is a significant amount anyway.

F1 drivers are contractors rather then employees aren't they? What he invoice Mercedes for and what he earns are probably very different. I'd imagine he writes a fair bit off for jet fuel.