Bigger India

Indian-origin British Retailer Brothers Among UK’s Top 50 Taxpayers: Report

According to the report, the 50 top taxpayer entries paid nearly 2 billion pounds in UK tax last year. Tax paid overseas was not included in calculations of tax liability and the debut top 50 tax list includes 28 of the 145 billionaires and 18 of the 855 millionaires on last year’s ‘Sunday Times Rich List’.

Indian-origin retail brothers — Simon, Bobby and Robin Arora — have been ranked Britain’s 24th highest taxpayers, according to a new top 50 list compiled by ‘The Sunday Times’.

The Arora family, behind the B&M chain of discount stores, paid 25.6 million pounds towards their 2017-18 tax bill against wealth estimated at 2,300 million pounds.

Read it at Hindustan Times

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