Chelsea footballer Kante to pay more tax than Amazon and Starbucks combined

1 min read
KT 2

London : N’Golo Kante’s deal will see the Chelsea star pay more in tax than Amazon and Starbucks combined.

Kante signed a new five-year contract worth £290,000-a-week to make him the top earner in the squad at Stamford Bridge.

And since the 27-year-old refuses to channel his wages through off-shore companies, that leaves him making a huge contribution to the UK public purse.

Kante will earn just over £15million a year on his new improved terms – all of which is liable to be taxed in Britain.

It means the Chelsea star will stump up £6.7m annually dwarfing the controversial amounts paid by two of the country’s big corporate brands.

Last year Amazon coughed up just £1.7m in corporation tax according to their own figures announced in August.

They had been liable to pay £4.6m following a 300 per cent growth in their UK profits.

However, because they paid out a dividend to shareholders, the online retail giant was able to defer £2.9m of that to reduce the actual amount contributed.

High Street coffee powerhouse Starbucks produced their accounts in September which showed they paid £4.5m in corporation tax on annual profits of £162m.

It means together, Starbucks and Amazon paid £6.2m in tax last year – £500,000 less than Kante is happy to pay on his own earnings.

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