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Daily Mirror
Daily Mirror
Sport
Jacob Leeks

Cristiano Ronaldo and Premier League stars set for extra earnings boost after tax cuts

Cristiano Ronaldo is in line for a major earnings boost following the government's decision to cut the highest rate of tax and national insurance.

The Manchester United superstar is understood to earn a wage in the region of £510,000 after returning to Old Trafford last summer. That equates to £26.5million in gross income, a jaw-dropping figure for many given the current cost of living crisis.

Nearly half of that income goes straight to HM Revenue and Customs, with Ronaldo paying £12.78m in tax on his wages alone. That was until Prime Minister Liz Truss and chancellor Kwasi Kwarteng announced the sweeping changes they were making to the United Kingdom's taxation rules last Friday.

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