A Wiltshire based billionaire has been named as the sixth largest taxpayer in the UK in this year’s Sunday Times Tax List.
Sir James Dyson and family, whose Dyson campus is located in Malmesbury, came in at number six on the national publication’s list of the top 100 taxpayers in the country for 2024.
Over the last year, the 76-year-old contributed a whopping £156 million to HM Treasury.
This was up from £93 million the previous year, when he came in at 12th on an annual list that is now in its sixth year.
Read more: Dyson funding expansion 'could threaten other local schools survival'
Sir James’ rising tax bill bucks the trend of the largest contributors nationally, with 68 of the 100 individuals and families on the tax list paying less this year.
In January of last year, a spokesperson for Dyson said: “UK taxes borne in 2021 were marginally down on 2020, as a result of continuing Covid-related supply chain challenges impacting product supply.”
The Times described Sir James as “the world’s most successful vacuum cleaner salesman who has launched a higher education institute”.
Robert Watts, the compiler of The Sunday Times Tax List said: "The Tax List is a reflection of the state of our public finances and is sobering reading for all political parties in the run-up to the election."
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