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From Bookmaker to Big Giver: Reflections on Tax, Enterprise and Public Life

Betfred founders Fred and Peter Done topped the UK’s 2026 Sunday Times Tax List, paying an estimated £400.1 million, leading a group whose total contributions reached £5.758 billion amid higher corporation taxes.

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James Arthur

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From Bookmaker to Big Giver: Reflections on Tax, Enterprise and Public Life

There are moments when the pulse of a nation’s economic life can be felt not in the clatter of markets, but in the quiet, steady thrum of public finances — the taxes paid that underwrite schools, hospitals and roads. In the latest annual Sunday Times Tax List, that pulse was unmistakably strong, with two familiar figures emerging in an unexpectedly prominent position. Fred and Peter Done, the brothers who built Betfred from a single shop into a nationwide bookmaker, now top the UK’s list of biggest taxpayers, their contributions resonating like a steady heartbeat in the wider story of public revenue and civic contribution.

For the founders of the Warrington-based gambling firm, success has come over decades rather than overnight. Since launching Betfred in 1967, the Done brothers have seen their business grow alongside shifts in technology, regulation and consumer habits. Yet the measure now highlighted — an estimated £400.1 million paid in tax over the past year — speaks less to the spectacle of gambling than to the sometimes unseen flow of funds from private enterprise into public life.

Their tax bill, which has jumped significantly from around £273 million in the previous year, reflects broader changes across the economy, not least revisions to corporation tax rates and fiscal adjustments introduced by the government. In this context, the figures reveal not just the scale of individual contributions, but the complex interplay between business success, tax policy and public funding.

Across the top 100 taxpayers, the total contribution to UK public finances rose to an estimated £5.758 billion, up markedly from the previous year — a reminder that these lists are about more than headline names; they are snapshots of how wealth, enterprise and taxation intersect in practice. Alongside the Done brothers’ wager on public contribution sit a striking range of individuals and families from music, sport, literature and finance, each bringing their own rhythm to this symphony of civic support.

Figures such as JK Rowling, Harry Styles, and top footballers including Erling Haaland and Mo Salah also feature on the list, each paying millions in tax and illustrating how varied sources of income now play a role in sustaining public services. Their presence alongside business owners underscores a broader theme: that tax contributions arise from many walks of life, and that fiscal responsibility crosses industry lines.

Yet behind the numbers lie deeper reflections about national identity, mobility and duty. Some high-value taxpayers have chosen to relocate abroad, a trend highlighted alongside this year’s tax figures. While their businesses still contribute to UK tax revenues, the choice of residence raises questions about how national affiliation and fiscal obligation intersect in a globalized era.

For Fred and Peter Done, retaining their UK footing while topping this tax list may carry both symbolic and practical significance. Their journey from Salford bookmaking shops to the summit of a national tax ranking is part testament to entrepreneurial persistence and part reflection of a fiscal landscape shaped by policy choices and economic currents.

In straight terms, the Sunday Times Tax List 2026 shows that Fred and Peter Done are the UK’s biggest taxpayers, paying an estimated £400.1 million over the past year. The list, which ranks the top 100 individual and family contributors, recorded a collective tax contribution of £5.758 billion — up from £4.985 billion the year before. The increase has been linked largely to higher corporation tax rates, with a range of figures from business, arts, sport and finance featuring prominently.

AI Image Disclaimer Graphics are AI-generated and intended for representation, not reality.

Sources : ITV News The Independent Insider Media The Times Yahoo News UK

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