
Want to listen to Virgin Radio UK on your laptop or desktop computer?
Virgin Radio
31 Jan 2021, 13:02
Five musicians, including Ed Sheeran, Queen and Adele, have contributed more than £50 million to the public finances in a year, according to The Sunday Times Tax List 2021.
The singer-songwriter has enjoyed enormous success in recent years, which has not only boosted his own bank balance, but the taxman's coffers too.
His total tax bill is listed as £28.2m, around £7m of which was corporation tax paid in 2019 as a result of his music sales, which also paid him a £10m dividend, liable for £3.8m of tax.
But £17.4m of his tax bill was accounted for by earnings from his hugely successful world tour between 2017 and 2019.
Queen came in second place with a total liability of £13m, wracked up largely by the success of the Bohemian Rhapsody film.
You can see top five musicians on the list below:
Ed Sheeran Tax liability £28.2m Wealth £200m
Queen Tax liability £13m Wealth £500m
Robbie Williams Tax liability £4.6m Wealth £185m
The Beatles Tax liability £3.5m Wealth £1.3bn
Adele Tax liability £2.8m Wealth £150m
Advertisement
Want to listen to Virgin Radio UK on your laptop or desktop computer?
Have you got an Amazon Echo or Google Home device? Listen to Virgin Radio UK by asking your speaker...
Want to listen to Virgin Radio UK but need to go out and about? Take us with you with the Virgin...
Want to listen to Virgin Radio UK on your laptop or desktop computer?
Have you got an Amazon Echo or Google Home device? Listen to Virgin Radio UK by asking your speaker...
Want to listen to Virgin Radio UK but need to go out and about? Take us with you with the Virgin...
Advertisement