Anorak | The Real Problem With Musician’s Tax Avoidance

The Real Problem With Musician’s Tax Avoidance

by | 12th, July 2014





THERE’S quite the kerfuffle in musicville, after it turned out that a number of wealthy musicians were ferreting their money away in tax avoidance schemes.

Lazy people are vomiting into their hands about how awful it all is, while even lazier fans of said bands are saying “CUH! LIKE YOU WOULDN’T AVOID TAX IF YOU COULD!”, despite the fact most people can’t, don’t and wouldn’t.

All four members of Arctic Monkeys, George Michael, Gary Barlow, Katie Melua have been named as hiding their millions from HMRC.

A secret database leaked to The Times newspaper revealed around 1,600 people who tried to rest £1.2billion through an ‘aggressive tax avoidance scheme’ known as the ‘Liberty’ tax strategy. Seems George Michael tried to shelter £6.2 million through the scheme.

Rockstars having an issue with tax is nothing new The Rolling Stones dedicated an entire album to it (‘Exile On Main Street’, if you’re wondering) and other artists have cried foul and upped sticks when politicians have gone after their riches.

However, the most infuriating element about this current lot is not really that they’ve avoided paying their tax thanks to a sly accountant. That’s barely the issue at all.

The problem here, is that these people are so thunderously boring with their extra wealth.

A proper rockstar would have the decency to use their money to have decaying manors in South America, wild studios made out of a toasters, clothes made entirely

You have already read 1 premium article for free today
Access immediately the premium content with Multipass

Or come back tomorrow

Posted: 12th, July 2014 | In: Celebrities, Music Comment (1) | Follow the Comments on our RSS feed: RSS 2.0 | TrackBack | Permalink