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Clooney’s potential tax bill - the cost of love

The beautiful fiancée of George Clooney, Amal Alamuddin, arrived back into the UK, after her engagem...
TodayFM
TodayFM

11:10 AM - 26 May 2014



Clooney’s potential tax bill -...

Best Bits

Clooney’s potential tax bill - the cost of love

TodayFM
TodayFM

11:10 AM - 26 May 2014



The beautiful fiancée of George Clooney, Amal Alamuddin, arrived back into the UK, after her engagement, wearing a seven-carat emerald-cut ring worth about £415,900.

According to HM Revenue & Customs, travellers arriving from non-EU countries can only bring in goods worth up to £390 without having to pay tax and/or duty. As the ring is worth more than this, it’s subject to VAT and customs duty – with an estimated bill of £93,000.

It’s not the first time that celebrities have been called up on certain purchases. In 1998, Victoria Beckham was asked to pay a tax bill of £3,000 after failing to declare an engagement ring she bought for David Beckham.  And Cherie Blair was questioned about some valuable pearls that she brought back from China.



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