BREAKING: Tyson Fury could face paying almost £45m in TAX if rumours of his Oleksandr Usyk fight purse are true

RIYADH, SAUDI ARABIA – MAY 16: Tyson Fury reacts on stage ahead of the IBF, IBO, WBA, WBC and WBO Undisputed World Heavyweight Title fight between Tyson Fury and Oleksandr Usyk at BLVD City – Music World on May 16, 2024 in Riyadh, Saudi Arabia. (Photo by Richard Pelham/Getty Images)

Tyson Fury may be facing another heavyweight champ in the form of HMRC. ‘’The Gypsy King’’ could be subject to a whopping £45m tax payment on his fight purse against Usyk, if the payment figures reported are true.

According to experts at Investment platform Stocklyticsthis is enough to fund 2,009 newly qualified nurses in the NHS as well as 1,223 new MET Police officers in the UK.

Tyson Fury could face paying almost £45m in TAX if rumours of his Oleksandr Usyk fight purse are true

Heavyweight champ said to be netting £100m for Saudi clash with Usyk and receipts would be enough to fund 2,000 new NHS nurses

Tyson Fury could be forced to pay almost £45million in tax to the government out of his wages for his heavyweight title showdown with Oleksandr Usyk.

The official purses the two fighters will be paid are not due to be confirmed until after Saturday’s fight in Saudi Arabia – but it is rumoured the Gypsy King stands to earn £100m.

And unless he has agreed a workaround with experts, as a UK resident Fury would be liable to pay tax on those earnings, with the figures involved eye watering sums.

Analysis by experts at investment platform Stocklytics has revealed that, assuming the £100m figure is accurate, the 35-year-old would have to cough up £44,986,203 in income tax on his pay.

That would be enough to pay for 2,009 newly qualified nurses in the NHS, who have starting salaries of £22,383-a-year.

And it would also cover the cost of employing another 1,223 new Met Police officers in London, who have a starting pay rate of £36,775.

Fury’s liabilities would not end there – he would also be due to hand over a further £2,002,764.60 in National Insurance contributions.

Those payments would leave the British world champion taking home £53,011,032.40 for his night’s work in the desert.

A spokesperson for Stocklytics said: “If you are a resident in the UK you have to pay tax on overseas earnings in the same way, and that remains the same no matter how much someone might earn.

“Good tax advice is always important and in this case you can be sure the Fury camp will have looked at an agreement that would be the most beneficial.

“You can offset some money by making a charitable donation, and there is a suggestion Tyson Fury will be making a £1million gift to support Ukraine charities which would reduce his liability a little.”

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