December 22, 2024 08:50 AM

Adele Net Worth Update: 'Hello' Singer Hands Over 14 Million Pounds To UK Taxman In Five Years Despite Tax Conflict

Adele earned a whopping 100 million pounds in the last five years and has paid over 14.5 million pounds for taxes, despite having great concerned in taxation complication in the past. The 28 year old singer was not new with conflicts on her taxes. Last year she handed over 4 million pounds to Inland Revenue and paid 2.5 million pounds in 2014. In 2010 and 2011, she dished out 2 million and paid 6 million in 2013.

The singer's company Melted Stone, which takes the singer's profits in her lyrics and sheet music settled 30 million in 2015, earning Adele more than 84,000 pounds in a day. Sources from Metro, that the company earned 16 million in profit after cost deduction and 4 million went straight to tax. Adele's previously been pretty vocal about her qualms with the level of tax she pays, saying: 'I use the NHS, I can't use the public transport any more. "Trains are always late, most state schools are sh*t and I've gotta give you, like, four million quid - are you having a laugh?"

On the other hand, the thespian isn't concerned in any investment schemes to revoke her taxes, though instructs her accountants to compensate taxation after deductions like staff salary and handling costs are dished out, according to UK Magazine. Adele's 21 album sold over 26 million copies second to The Beatles' Sergeant Pepper. Billboard charts Adele had been dating charity entrepreneur Simon Konecki since 2011.

Adele doing pretty well in the music industry with top of the chart songs. Her latest album 25 became the world's best selling album of 2015 with 18 million copies sold worldwide within the year and has sold 20 million copies as of June 2016 making it one of the best selling albums worldwide.

Tags
Adele, Singer, Billboard
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