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Formula 1 world champion Lewis Hamilton 'avoided' paying VAT on his £16.5million private jet, the Paradise Papers have revealed.The 32-year-old, who won his fourth world title last week, received a £3.3million refund for the Bombardier Challenger 605, which was imported into the Isle of Man.This year’s Sunday Times Rich List put his personal wealth at £131 million.He said when it was published: ‘I race in 19 different countries, so I earn my money in 20 different places and I pay tax in several different places, and I pay a lot here as well.‘I am contributing to the country and, not only that, I help keep a team of more than 1,000 people employed.Takei, who is currently traveling in Japan and Australia, denied Brunton’s claims in a Twitter thread Saturday morning, saying, “I want to assure you all that I am as shocked and bewildered at these claims as you must feel reading them.” Brunton told THR that he met Takei in 1981 at a bar in Hollywood, and they exchanged phone numbers.

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The accusations have been many, and the reaction and fallout has been swift across the industry.

Files leaked from Appleby suggest as much as £1.1m of the VAT he appears to have reclaimed on his jet should have been paid, along with hundreds of thousands due on the continuing costs of flying the jet.

The aircraft is now registered to a Hamilton company in the Virgin Islands, which in turn leases it to another in the Isle of Man, which in turn rents it to a screen company in Guernsey.

I am part of a much bigger picture.’ Rita De La Feria, professor of tax law at Leeds University, told the BBC: 'If private usage of the jet is being disguised as business usage of the jet, then what you essentially have is a tax avoidance scheme.'You're using it for your own private interests, you're going on holidays, meeting friends.

You're supposed to pay the tax on private consumption.' Facebook also invested in tax havens.




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