British pop star Ed Sheeran has vowed never to sign up for a tax avoidance scheme as he fears he will end up losing his millions.
Several British musicians, including Arctic Monkeys and George Michael, have been caught up in a scandal after they were implicated in a high-profile money-moving scheme last month (Jun14).
Sheeran has an estimated wealth of $8.5 million (£5 million) but he is adamant he has no plans to exploit any loopholes in the system as he fears he will end up paying a huge fine and shooting insurance adverts to make ends meet.
He tells British magazine Event, "I pay my taxes. I legitimately pay everything. I'm straight when it comes to that, absolutely 100 per cent. You hear all these horror stories about people doing schemes and not paying this or that. I don't want to have to do a First Direct advert or something at the beginning of the year to pay my tax."
As it's been 12 years since the last Bridget Jones movie, expectations aren't too high...
Bridget has always known how to get herself into a muddle - catastrophic muddles at...
After battling the dating scene and finally finding love with Mark Darcy, Bridget Jones is...
In July of 2015, Ed Sheeran played his biggest gigs to date, selling out Wembley...