Coates family payments top £276m as Bet365 owners become Britain’s highest taxpayers
The tax paid by Bet365’s owners, Denise, John and Peter Coates rose by 177% from £156m ($204m) to £276m from 2018 to 2019, according to The Sunday Times.
The family placed highest on the list of taxpayers assembled by the newspaper and their wealth was reportedly £6.86bn, a rise of 119% from £5.75bn the previous year.
This has moved the Coates family up from Britain’s second-highest taxpayers to the number one rank.
They were far ahead of the family immediately behind them in the list, with Stephen Rubin and family reportedly paying £144m in tax, down from £181.6m the previous year, earned from the sportswear industry.
Leonie Schroder and family were in third, having paid £117m in tax, with a wealth of £4bn.
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