Gary Lineker Denies Using Tax Avoidance For Holiday Homes

The Paradise Papers strike again

Gary Lineker has denied any accusations of tax avoidance, after the recent Paradise Papers leak revealed that Lineker sold one of his properties tax free.

According to The Sun, the former footballer and TV pundit sold a home in Barbados through a company based in the British Virgin Islands, relieving him of a large stamp duty bill.

Under Barbados law, homeowners are liable to pay stamp duty and transfer taxes after the sale of property, but not if the homeowners' company resides in the British Virgin Islands.

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(Confused? Us too.)

In response to The Sun's report, Lineker's representative insisted that there had been "no tax irregularity" involving the sale back in 2010, and that HMRC is aware of it.

The sale had been declared to HMRC and all taxes due in the UK and abroad on the sale of the company had been paid in full.

Lineker isn't the only high-profile name to be linked to the recent Paradise Papers leak – actors from the BBC's Mrs Brown's Boys have also been implicated.

From: Digital Spy