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First Tier Tribunal

  • Former Formula 1 champion loses £1.4m HMRC tax bill appeal

    Sport Business

    Former Formula 1 world champion Jody Scheckter has been forced to stump up £1.4m in unpaid tax after an appeal against an HMRC ruling on his buffalo farm failed in court. The 1979 F1 title-winner was forced to close the buffalo farm business in 2024 due to “significant increases in costs, a reduction in milk [...]

    Red Formula 1 race car on track with Honda, Marlboro British Grand Prix, and Talbot signs

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