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Bet365 boss Denise Coates named º£½ÇÊÓÆµ's biggest taxpayer for third year running

Denise - along with her father Peter and brother John - paid in excess of £480 million for the 2020/21 tax year

Denise Coates, founder of bet365

The founder of online gambling giant bet365 has been named as the º£½ÇÊÓÆµ's biggest taxpayer - for a third consecutive year.

Denise Coates and her family - who run the Stoke-on-Trent headquartered business - paid an estimated £481.7 million in tax last year, according to the annual .

The tax liability - which is attributable to Denise, her father Peter and brother John - includes bet365's corporation tax, employer's national insurance and gambling duties as well as Denise Coates' personal tax.

Reportedly worth around £8.4 billion, the Coates family are just one of 11 individuals and families who paid in excess of £100 million for the 2020/21 tax year.

And while the contribution is around £92 million less than what they paid in 2020, the figure is significantly higher than billionaire banker Chris Rokos who came second place in the tax list after paying £300 million.

Sports Direct owner Stephen Rubin, Fortnum and Mason owner The Weston family and Fred and Peter Done - the brothers behind bookmakers Betfred - were ranked in third, fourth and fifth place after handing over £256 million, £175 million and £169 million in tax respectively.

While The Apprentice host Lord Sugar - who paid £163 million in tax - took sixth place in the top 50 list, which also featured the likes of Ed Sheeran (£12.5 million) David and Victoria Beckham (£7.2 million) and Anthony Joshua (£3.8 million).