Ed Sheeran paid the taxman R3.6m a week in 2022
The English singer's humongous tax bill has been revealed...
It's no secret that music superstars make millions each year, but their tax bills also run into the millions.
Just ask Ed Sheeran, whose staggering earnings and tax bill have been revealed in a new report.
According to The Mirror, the 'Celestial' singer earned £18.3-million (R418-million) in 2022. However, he had to hand over a huge chunk of that money to the taxman. His tax bill was a whopping £8-million (R182-million).
The amount works out to £158,917 (R3.6-million) a week in taxes!
Ed's 2023 earnings are likely to be higher following another successful year. His latest album, 'Autumn Variations', earned him another number one.
"Thanks so much for making 'Autumn Variations' #1. I had no expectations for the record other than for fans to love it and feel it was their own. It being on my own label meant it didn't have the usual pressures or expectations, but to end up going #1 is mad and I really don’t take it for granted.
"Thank you for everyone connecting with the album, it’s been so wonderful spending so much time with all you lot over the past month. See you next year when we press play on some big pop stuff finally," he wrote on Instagram.
According to the BBC, Ed Sheeran has a net worth of £300-million.
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'Plastic Bag', one of the songs on the 14-track album, features on the ECR Top 40 with Danny Guselli. It is currently at #33 on the chart.
The song is reportedly about one of the English singer's friends who passed away. Ed released a live acoustic version of the track on his YouTube page in late September.
"My friend died it’s been years still grieving / And I thought time would be somehow healing / When love finds me I’m too numb to feel it / Why the f**k am I here still breathing?" he sings on the song.
Ed released 'Autumn Variations' four months after dropping his sixth studio album, '− (Subtract)'.
He told his fans that he released the album because he wanted them to have "a soundtrack for autumn/fall that feels like a warm hug".
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Main image credit: YouTube/ Ed Sheeran ('Plastic Bag' live acoustic)
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