tax avoidance scheme

Former jockey Frankie Dettori has had his bankruptcy extended until March 16, 2027, after a judge at a specialist insolvency court ruled his bankruptcy should not be automatically discharged. The Italian formally retired from the saddle last month. At a hearing in London on Thursday, lawyers for the two trustees of Dettori's bankruptcy asked for the order to remain in place for a further year. Stefan Ramel, representing the trustees, told the court that the former jockey "has not complied and is still not complying" with requests for information about...

Frankie Dettori has been involved in a legal battle with HMRC over his anonymity, after using a "tax avoidance scheme", it can now be reported. After the lifting of his anonymity on Monday, Dettori said in a statement, "A few years ago I employed the services of professional specialist tax advisers to look after mine and my family's financial affairs. A structure was created and I was told that it had been approved by HMRC. Years later HMRC is now challenging that structure. My former advisers have since been dismissed."...