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Daily Mirror
Daily Mirror
Sport
Alan Smith

Cristiano Ronaldo to save £1.4m in tax while Man Utd's debt rises by £80m

The government’s controversial fiscal event has done little to help football - unless you are a top-earning player in the Premier League.

Chancellor Kwasi Kwarteng ’s mini-budget has raised eyebrows across the world with the IMF outlining its fears and the Bank of England making an emergency intervention.

The only clear beneficiaries from the initiatives launched last Friday are those who earn more than £155,000 a year because they will now pay a lower rate of tax, falling to 40% from 45%.

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