Manchester United Star Wayne Rooney & Giggs 'Among Stars Under UK Tax Man Probe Over Property Scheme

Investments made by a host of top sports stars are now reportedly being very closely scrutinised by Her Majesty’s Revenue and Customs with a probe launched into big investments. Manchester United stars Wayne Rooney and Ryan Giggs are among those pouring vast sums of money into Waverton Property Limited Liability Partnership.

Golf superstar Rory McIlroy and West Ham manager Sam Allardyce are also involved in the property scheme, www.dailystar.co.uk reported. Waverton Property's assets are listed at around £75 million from a total of £145m understood to have been raised to create a data centre from a warehouse in Birmingham. Investments made by a host of top sports stars are now reportedly being very closely scrutinised by Her Majesty’s Revenue and Customs with a probe launched into big investments.
The Star's report says The Business Premises Renovation Allowance is being scrutinised as part of a Government crackdown on tax loopholes, with Waverton among a number of property schemes under investigation.A www.uk.eurospor report.

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