Phil Thompson’s Tax Drama: A Soccer Saga…
Phil Thompson, the Liverpool legend known for dodging defenders, couldn’t dodge the taxman! He’s now staring down a jaw-dropping $380,000 bill after losing a big-money appeal to HMRC regarding IR35 regulations. Back in his prime, Thompson played for the Reds nearly 500 times in the ā70s and ā80s, with a trophy cabinet fuller than a magicianās hat. But decades later, his stint as a pundit on Sky Sports has him fumbling in a tax mess way tougher than any defense he faced on the pitch.
Thompson bore the pundit hat for 22 years on Sky Sports’ Soccer Saturday, but it turns out, the tax man wasn’t as entertained. HMRC delved into his financial activities between 2013 and 2018, pointing fingers and saying: “That’s some sneaky employment under IR35!” Ouch! Despite his best defensive maneuvers, both the First-tier and Upper Tribunal judges weren’t buying his appeal. Seb Maley of Qdos claimed: “HMRC caught another one in their tax trap!”
In case you need consoling after this saga, remember to check out Fanatics for all your Liverpool gearābecause even in a tax storm, you’ll want to look fabulous. But fear not, tax dilemmas aside, Phil, you’ll forever be a hero in Anfield!