Frankie Boyle — tax diddlin' bastard

[Earl]

But close examination of Boyle’s own tax arrangements reveal that he may also be the beneficiary of sharp – but entirely legal – accountancy practices on the millions he has earned through TV shows, tours, DVDs and book sales.

According to one respected forensic accountant who examined Boyle’s publicly available company accounts, the Glasgow-based entertainer could have avoided paying nearly £900,000 tax through the voluntary liquidation of his firm last year.

The liabilities were shown to be £873,388, which were mainly the money due to HM Revenue and Customs and probably VAT.

By taking the winding up route, Boyle may have been able to pay a tax rate of just 10 per cent. This is because he could have been entitled to ‘entrepreneur’ tax relief, saving him up to £880,762.

However, the forensic accountant who examined Boyle’s company accounts said the structure of the arrangements seemed to be ‘aiming’ to benefit from entrepreneur’s relief, ‘which will save him a lot of tax, if his personal tax situation is such that he is entitled to it’.

If he meets the qualifying conditions ‘there is nothing illegal about what he may be doing, but he could save a very large amount of tax potentially,’ the accountant added.

Frankie Boyle faces questions over £900,000 tax loophole, latest celebrity to be quizzed after Jimmy Carr | Mail Online

Or he could have spent all his money on pork pies.

[timey]

It's amazing how people can be condemned on so many probabilities rather than certainties.

[Earl]

The entire article was meaningless, they could have written the same about any celebrity. Probably.

[jools182]

could have written the same about anyone

[Earl]

If I were Boyle I'd have taken it personally.