BBC star Gabby Logan and her ex-Rugby player husband were paid additional than £500,000 in commission to promote a major tax avoidance plan to celebrity buddies.
The payments ended up made for attending star-studded functions, such as Royal Ascot, to entertain ‘wealthy individuals’ and introduce them to the tax avoidance venture.
The plan – utilized by famous people together with popstar Gary Barlow and Olympian turned BBC pundit Colin Jackson – sparked a enormous community backlash when it was exposed.
Mrs Logan, who was the facial area of the BBC’s Qatar Entire world Cup coverage, reported in 2014 she experienced invested in the plan ‘in good faith’ as she considered it was ‘a way of funding new functions in the new music industry’.
Now questions have arisen soon after a courtroom battle discovered that companies linked to the Logans gained £518,405 in fee for introducing ‘customers or potential customers’ to the tax avoidance venture.
Mrs Logan, who was the confront of the BBC’s Qatar World Cup coverage, mentioned in 2014 she had invested in the plan ‘in great faith’ as she believed it was ‘a way of funding new acts in the tunes industry’
Gabby Logan and her partner Kenny been given payments for attending star-studded events, which includes Royal Ascot, to entertain ‘wealthy individuals’ and introduce them to the tax avoidance venture
The company functioning this ploy, Welbeck Options, bought hundreds of the country’s most infamous tax avoidance techniques, such as the Icebreaker and Liberty products favoured by celebs.
Welbeck, established by Greg Knight, was dubbed ‘Britain’s greatest vendor of tax avoidance products’ by the Press and HMRC claimed it could have charge taxpayers’ up to £120million.
Mrs Logan, 49, who is paid out up to £205,000 for each year by the BBC, reportedly invested ‘thousands’ into Icebreaker, which available tax relief as it purported to guidance Britain’s innovative industries.
There is no suggestion of illegality on the aspect of Mr or Mrs Logan, or any other stars mentioned.
Previous Scotland and Wasps rugby player Kenny Logan, 50, attended ‘numerous’ occasions on behalf of Welbeck to entertain potential prospects of the tax scheme, legal professionals representing firms joined to the Logans admitted.
BBC star Gabby Logan and her ex-Rugby player spouse Kenny Logan (pictured) were paid out much more than £500,000 in commission to promote a significant tax avoidance plan to celebrity friends
Welbeck went bust in 2017, leaving a swathe of unpaid debts that are now becoming pursued by the courts, such as £518,405 furthermore desire of about £500,000 from a single enterprise controlled by the Logans and a different by Mr Logan and a previous teammate.
Gwilym Jones, co-founder of Henderson & Jones which has taken on the declare, reported: ‘Companies managed by Kenny Logan and Gabby Logan labored with Welbeck to market tax avoidance techniques and experimented with to disguise their revenue from this as ‘loans’ to stay away from paying (however much more) tax.
‘We look at the companies’ accounts are very clear – these payments were being taken care of as loans, which now have to be repaid.’
Welbeck’s corporation accounts counsel these payments were being built as financial loans but, although it is accepted that the firms linked to the Logans been given this revenue, attorneys symbolizing the companies say they were ‘commission’ payments so do not have to be repaid.
The plan – used by celebrities like popstar Gary Barlow (pictured) and Olympian turned BBC pundit Colin Jackson – sparked a large public backlash when it was exposed
Files filed at the High Courtroom on behalf of companies connected to the Logans say that the intent of these corporations was to ‘introduce wealthy individuals to [Welbeck] in buy that they may possibly purchase economic expert services available by those businesses’, adding: ‘In consequence of all those introductions and the organization that resulted from them fee grew to become payable.’
They include: ‘In about April 2010 Mr Logan, at Mr Knight’s ask for, began to go to functions and other functions for the intent of entertaining prospects and possible prospects of Mr Knight’s businesses… Mr Logan attended many such events through the interval 2010 to 2013.’
In a statement released on her website in 2014, Mrs Logan explained: ‘I was encouraged about a organization chance six yrs in the past (2008) and I invested in very good faith.
‘It was explained to me as a way of funding new functions in the songs sector. For the reason that of info which came to light-weight in 2012, I decided the expenditure was not ideal for me.’
Mrs Logan added that she completely intended to ‘pay any tax which should have been paid’ and said she experienced been ‘completely open and straightforward with HMRC’.
At the time the tax avoidance plan was being utilized by superstars, two of the businesses linked to the Logans also shared an accountant with Welbeck, court filings present.
The demo is because of to start on May well 3, and it is predicted that if the demo goes ahead Mr and Mrs Logan could be named as witnesses.
The Logans did not respond to requests for comment.
Resource: | This write-up originally belongs to Dailymail.co.uk
