Who'd avoid tax in a house like this? The £5m Isle of Man mansion that may save Tyson Fury millions Tyson Fury has relocated his family to a £5m mansion on the Isle of Man, a move that could save him millions in taxes. The two-time heavyweight boxing champion, who is set to fight Arslanbek Makhmudov tonight, officially moved to the 200-year-old country manor in December. The nine-acre estate, located near the harbor town of Peel, features four reception areas, six bedrooms, five bathrooms, a study, and a leisure area with a cinema room, gymnasium, games room, and sauna. A fully renovated two-bedroom coach house, garage block, and stone-built paddock with stables for four horses are also part of the property. The Furys, including Tyson, his wife Paris, and their seven children, have embraced life on the island, enjoying local attractions like harbor-side pubs for fish and chip lunches and Italian gelato by the sea. Tyson, 37, has maintained his fitness by jogging along a former railway line between Peel and Douglas. The family has also booked a luxury hotel and resort near their new home for their daughter Venezuela’s wedding next month. The move to the Isle of Man is primarily driven by tax considerations. The territory offers a top income tax rate of 21% with a £220,000 tax cap, significantly lower than the 40-45% Fury previously paid in the UK. The Isle of Man also lacks capital gains tax, inheritance tax, wealth tax, and stamp duty. Fury, estimated to be worth £200m, is expected to earn £18.8m from his fight fee against Makhmudov and around £6m in endorsements. His own drinks brand, Furocity, and merchandise sales are projected to add £25m to his annual earnings. By relocating, Fury could save £11m in taxes this year, even after spending £5m on the house.#rachel_reeves #tyson_fury #isle_of_man #paris_fury #island_of_man
Boxing star Tyson Fury reveals he was forced to move out of £1.7m mansion after 'lunatic' intruder jumped 40ft fence to confront his family and demand he be ADOPTED in bizarre incident Tyson Fury and his family were compelled to vacate their £1.7 million mansion in Morecambe, Lancashire, following a series of security threats and an unusual incident involving an intruder. The former world heavyweight champion, along with his wife Paris and their seven children, now reside in a £8 million home near the Isle of Man’s capital, Douglas. The move, which coincided with Rachel Reeves’ tax-raising budget targeting high earners, was initially speculated to be linked to financial pressures. However, Fury clarified that the decision stemmed from repeated disturbances, including a bizarre encounter with a man who demanded to be adopted. The incident occurred when an individual scaled the 40-foot fence surrounding the mansion, bypassing security measures and confronting Fury’s family. The man, described as wearing a dressing gown and pyjamas, claimed he had come to be adopted by Fury and his wife. Authorities were called to the scene, and the intruder reportedly stated he was visiting his parents in London. Fury expressed concern over the situation, noting the potential danger posed by the individual, who could have carried weapons. “The police came and he said: ‘I’m here to be adopted by Tyson and Paris,’” Fury recounted. “This man could have had a knife on him, or anything.” Fury’s family had previously lived in Morecambe for two decades, but the move to the Isle of Man was driven by the need for privacy and security. The boxer, who often spends extended periods away for training camps, admitted that his absence left the home vulnerable to intrusions.#tyson_fury #paris_fury #morecambe #isle_of_man #spencer
