Back to homepage

Tag "Lewis Hamilton"

EU Commission investigates private jet VAT on Isle of Man

EU Commission investigates private jet VAT on Isle of Man

The Isle of Man has been drawn into further issues surrounding taxation loopholes as the EU Commission is investing the island over tax breaks for individuals purchasing private jets. A letter of formal notice was sent to the UK government

Read Full Article
Claiming VAT on business jets is legitimate and widespread, say lawyers

Claiming VAT on business jets is legitimate and widespread, say lawyers

The recent revelations about private jet owners avoiding VAT payments by importing their aircraft into the EU through the Isle of Man have received a lukewarm response from the business aviation industry. More than 13 million files related to shell companies

Read Full Article
Lewis Hamilton tax on Challenger 605 purchase caught up in Paradise Papers

Lewis Hamilton tax on Challenger 605 purchase caught up in Paradise Papers

Current Formula One world champion Lewis Hamilton has been caught up in the Paradise Papers scandal, with allegations that he avoided paying tax on his 2013 purchase of a private jet. The story has come to light as part of

Read Full Article
Top 10 private jets: Most stylish

Top 10 private jets: Most stylish

Anonymity is one of the key drivers in business aviation. To be able to get to your destination unseen and slip out quietly and unnoticed when you arrive means that it’s almost impossible for anybody to track your movements. Hiding

Read Full Article

One Minute Week Newsletter