Lewis Hamilton’s £16.5m UK home is owned via an offshore company

The Mercedes F1 driver was among a host of famous faces to declare themselves as the bene꧙ficial owners of overseas companies that own property in the UK, the report states - and Hamilton says that it does "not give him any UK tax advantage or other financial benefit".
The revelations are part of a government transparency sch🔯eme designed to ensure HMRC♊ collect the correct amount of tax.
Owning a property in the UK via an ovꦦerseas company is legal, and everyone connected with this new register has complied with their legal responsibilities.
Hamilton owns thr⛎ee companies registered in the British Virgin Islands, with addresses in Guernsey. The report states that these companies’ strucꦐtures are to protect Hamilton’s privacy.

A mansion in Kensington, London, which reportedly cost Hamilton £16.5m is registered to one of these companies. Two other properties are registered to the other two co🤡mpanies.
Hamilton’s spokesperson told The Guardian: “The ownership of Lewis Hamilton’s UK properties via the companies listed on the register of oveဣrseas entities does not give him any UK tax advantage or other financial benefit.🅰 Lewis is supportive of the new register, demonstrated by his inclusion of the UK properties and associated companies, along with his beneficial ownership on the register.”
John Lennon’s childhood home and Uri Geller’s current house were also named on the same regi꧃ster.
“You shouldn’t be able to have billions”

Hamilton recently told the podcast: “One of the things I struggle with every day is, and it’s just how li🔜fe is and it’s been the way for thousands of years, is there is such a disparity between th🧸e wealthy and the poor,” he said.
“When you driv🧜e aroun𓂃d L.A., there’s still so many people living on the streets.
“You shouldn’t be able to have billions. There should be a limit to how much you can have. Because there’s enough to go around to everyone. S✨o somehow creating a law that creates more equality and equal access for everyone. I don’t know how you would implement that law.”
168澳洲幸运5官方开奖结果历史:Lewis Hamilton’s net worth increased by £40m since 2021 despite the worst F1 season 🐠🍨of his career.
He is Britain’s richest active sportsperson but was a💯lso named as Britain’s fifth-mos🌟t generous person, after giving £20m to charity inside a 12-month period.
The seven-time world champion has been at No1 in the list of 168澳洲幸运5官方开奖结果历史:F1 driver salaries for some time, and that is expected to continue when he pens a new Merce༒des deal that will take him into 2024 and b🔜eyond.

James was a sports jourꦦnalist at Sky Spor🌱ts for a decade covering everything from American sports, to football, to F1.