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Friday, October 12, 2018

Hairy prospect of US food rules and a taxing Eamonn Holmes | John Crace

From This Morning sob stories and royal weddings to no more EU diktats, everything has a price

Yet more evidence that celebrities and the very rich really do live in a parallel world, comes in the shape of a sob-story interview the TV presenter Eamonn Holmes has given in which he is horrified at the idea he may have to pay more tax. For years, the ITV This Morning host has been paid through his own company, thereby paying the much lower rate of corporation tax. But now HMRC is taking him to court, having come to the conclusion he is effectively an employee and should be on PAYE. Holmes is desolate that the arrangement that has served him so well for the best part of 28 years could be scuppered. He is already struggling to get by on an estimated annual salary of £2.8m, and were he to be made to pay an extra slice of his earnings in tax, he would be near enough broke. A take-home pay of more than £1.5m is scarcely worth getting out of bed for, apparently. The crisis has affected Holmes so badly that he has lost control of language. “There is no one more freelance than me,” he told reporters. Yes, quite. In which case, get paid the same way as other freelances and fill in the standard self-assessment tax form.

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