Gareth Southgate’s investment in fund accused of being a tax avoidance scheme could stall calls for him to be knighted
The England manager hit headlines in 2016 when it emerged he had sunk cash in a tax scheme now considered to be illegal by HMRC
ENGLAND boss Gareth Southgate’s investment in a fund accused of being a tax avoidance scheme could stall calls for him to be knighted.
HM Revenue and Customs examines the tax affairs of those being considered for honours, it emerged yesterday.
In 2016 Southgate, 47, put money in a film production scheme caught up in a £434million tax avoidance dispute.
Its activities were believed to be legal at the time, but are now considered illegal by HMRC.
His involvement with Eclipse 35 may stop him being given a knighthood after England’s World Cup performance, The Sunday Times reported.
Hundreds of stars paid into the firm. It is still in dispute with HMRC.
MOST READ IN UK NEWS
- GOT a story? Ring The Sun on 0207 782 4104 or WHATSAPP on 07423720250 or email [email protected].