Ed Sheeran pays more taxes than any other British musician


February 02, 2021

Ed Sheeran paid more taxes than any other British musician last year.

Ed Sheeran may not make more money than other British musicians, but he pays more taxes than them.

For the first time, Ed Sheeran is included in The Sunday Times' annual list of the UK's 50 highest taxable citizens.

The 29-year-old singer is at No. 29 and is the only musician on the list. As reported, last year he paid about 28.44 million pounds in taxes against the estimated wealth staff amounting to 200.5 million pounds.

By comparison, number one on the list is the Coates family, owner of an online betting company. They pay about 3 573.1 million in taxes and have a fortune of, 7.147 billion.
So why is Ed Sheeran on the list and not other musicians with more fortunes, such as Paul McCartney, Elton John and Mick Jagger?

Because many wealthy Britons deliberately evade UK taxes while living abroad or make sure their profits come from other countries, such as the US. Others live in "tax havens", which offer extremely low tax rates to foreign investors.

Ed Sheeran, however, lives in England and all his taxes go to the British state. As one reader told the Times last year, stars like Sheeran "are doing their job to make Britain an easier place to live for people in need."

The Sunday Times notes that wealthy Britons have paid less in taxes over the past year, not because they are reluctant to pay, but because of the economic downturn caused by the COVID-19 pandemic. In other words, they do not earn much money and owe less tax.

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