Saturday, May 03, 2008

James Toseland can afford to buy whatever he wants

With £8 million in his bank account, buying a new bike shouldn't be too much of a problem for this man...
Ex-WSB champ and current Yamaha Tech3 MotoGP rider, James Toseland has made it to the Sunday Times Rich List. With £8 million in his bank, Toseland is at no.65 on the '100 Richest Young People' roster.

Toseland lives in Ramsey, on the Isle of Man, where the maximum amount of income tax payable by anyone, in one year, is £100,000. Standard rate of income tax on the Isle of Man is 10 percent, with a maximum rate of 18 percent, with the amount payable subject to a ceiling of £100,000.

Given that James is probably earning in excess of a million pounds, even after paying off his £100,000 he can still afford to buy a Desmosedici RR, an MV Agusta F4 CC and a Ducati 1098R, all on the same day…

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