Top Italian jockey Frankie Dettori says he is “working closely” with Britain’s tax authorities after losing a challenge to avoid being publicly named in a tax dispute. Dettori has been involved in a legal dispute with HM Revenue and Customs (HMRC), which denied him some deductions for income tax.
FILE - Lord North with jockey Frankie Dettori wins Group 1 Dubai Turf over 1800m at the Meydan racecourse in Dubai, United Arab Emirates, Saturday, March 25, 2023. LONDON — Top Italian jockey Frankie Dettori said he is “working closely” with Britain’s tax authorities after losing a challenge to avoid being publicly named in a tax dispute.
Dettori has been involved in a legal dispute with HM Revenue and Customs , which denied him some deductions for income tax.The PA news agency was among the media who challenged Dettori’s right to anonymity and has published a statement from him, in which he said he has hired new advisers “to unravel the mess that I have been put in.”
“A few years ago I employed the services of professional specialist tax advisers to look after mine and my family’s financial affairs,” Dettori said in the statement. “A structure was created and I was told that it had been approved by HMRC.Dettori added that his new advisers and management team “are also working closely with HMRC to resolve the matter as swiftly as possible.
Dettori announced in December 2022 that he would be retiring at the end of the 2023 season, but reversed that decision and moved to compete in the United States.
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