Alan Ball Hit With Tax Bill
WITH the Ball family still grieving the death of their ’66 World Cup hero Alan, the Mirror now reveals that the tax-man has decided to kick them when they are down, slapping a whopping £83,200 tax bill on the sale of the footballing legend’s World Cup Winner’s medal.
Ball sold his medal along with his England cap two years ago for £208,000 to help provide for his children after the death of their mother, Lesley.
However, with the cash subject to a 40 per cent inheritance tax bill as part of the England’s icon’s £1million plus estate, the family will now have to pay up.
Son Jimmy says: “I think the system needs looking at. That he was forced to sell the items that were very dear to him was bad enough but to have to pay tax on them was difficult for him to accept.”
At least it’s a situation the likes of Frank Lampard and Steven Gerrard will never have to face – they’ll never win a World Cup.
Posted: 9th, May 2007 | In: Money Comment | TrackBack | Permalink
