Beckhams not involved in tax avoidance scheme: Representative

Image
IANS Los Angeles
Last Updated : Jul 09 2014 | 6:53 PM IST

Victoria and David Beckham have been linked to an alleged tax avoidance scheme, but their representative has denied the allegation insisting they have always paid their dues "in full".

"The Beckhams have always paid their taxes in full and have never been involved in aggressive tax avoidance schemes. They have also been long-time supporters of the creative industries," said the representative in a statement.

The couple has become the latest big names to be linked to a movie-funding company, which is among a number of schemes facing a government probe over claims they exploited loopholes in the system to help investors claim tax relief.

Reports suggest many investors could face hefty bills in the coming months as officials look into whether such schemes are legitimate, reports contactmusic.com.

Theatre mogul Andrew Lloyd Webber, who has also been linked to the Ingenious Media movie company, which has helped fund films such as "Avatar" and "Life of Pi", added: "(I was) investing in the British film industry... At no time did I consider it solely a tax scheme."

The news comes after a number of other British stars were linked to alleged tax avoidance schemes, including pop star George Michael, members of rock group Arctic Monkeys and actor Sir Michael Caine, in a list obtained by Britian's The Times newspaper.

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Jul 09 2014 | 6:44 PM IST

Next Story