London: Indian-origin brothers – Simon, Bobby and Robin Arora – who have a retail chain in England, have been ranked Britain’s 24th highest taxpayers.
The Arora family, behind the B&M chain of discount stores, paid 25.6 million pounds towards their 2017-18 tax bill against wealth estimated at 2,300 million pounds.
The UK’s highest taxpayer was named as sportwear businessman Stephen Rubin, who paid 181.6 million pounds in tax in 2017-18 against a wealth estimate of 2,820 million pounds. The Arora brothers, who built the business, own just under 15 per cent of it, with 49-year-old Simon its chief executive.
“These are the taxman’s best friends those who make the inaugural Sunday Times Tax List based on the taxes due on their business profits, share sales, dividend income, house purchases and, where known, personal income through their salaries,” the newspaper noted.