Two-time heavyweight world champion Tyson Fury has sensationally left the UK with his entire family, quietly relocating to the tax-friendly Isle of Man in the wake of Chancellor Rachel Reeves’s controversial Budget.
The 37-year-old boxing icon, whose fortune is estimated at more than £160million, is now living with wife Paris Fury and their seven children in a sprawling six-bedroom mansion near Douglas, after what insiders describe as a “knockout blow” to high earners in Britain.
Income tax on the Isle of Man is less than half of UK rates, with a top rate of 21 per cent and a strict annual cap on personal tax contributions. For someone like Fury, who would otherwise face the UK’s 45 per cent additional rate, the financial incentive is obvious.
Sources close to the boxer say he has been open about his decision, telling friends that he has officially moved his residency and is excited to settle into island life. He has reportedly told locals he is “looking forward to making it his home”, while the couple have also been visiting schools for their younger children.
The move follows last month’s Budget, which targeted wealthy individuals and property owners, including a new levy on homes valued above £2million — a category Fury’s former Lancashire residence fell into.
Companies House filings dated December 1 confirm that both Tyson Fury Ltd and Paris Fury Ltd now list their country of residence as the Isle of Man, a sharp change from documents submitted earlier this year that recorded England.
Crucially, the island offers no capital gains tax or inheritance tax, and limits annual income tax payments to £220,000 for individuals or £440,000 for married couples.
Fury has already been spotted around Douglas, posing for selfies with locals, travelling on the Manxman ferry from Lancashire, and even treating his family to a no-frills dinner of jacket potatoes at a local takeaway — where staff recalled him cheerfully asking if there were “enough spuds for nine”.
The relocation marks a dramatic shift for the self-styled Gypsy King, who built much of his career and public persona in the UK, and signals how Britain’s new tax landscape is already reshaping the choices of its richest sporting stars.
