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It seems to me that people involved in Horse Racing seem to have trouble paying the right amount of taxes. The integrity of these people looks to be the problem:
It certainly doesn’t reflect well on him.
I don’t mind Chapman. He does know his stuff and isn’t afraid to give an opinion. No one could accuse him of being dull or bland. But he can be a little bit insufferable sometimes. All those “Booms” every time he tips a winner have become tiresome.
If this makes him dial it down a bit, then it will be welcome.
At least Seb Sanders will be able to give him plenty of stick the next time they are in the studio on SSR, whenever Chapman starts dishing it out to him.
If he hired a tax accountant to do his taxes (which if you are setting up a company as an aside to your main regular job of being a TV reporter/analyst you probably should, given the minefield that tax is at the best of times) then it would appear that something has gone wrong and I have a bit of sympathy for him.
However, if he didn’t hire an accountant then he is a lot more of the idiot that he often portrays on screen than I thought. I have to admit that I am a fan of his (I also like Marmite…) as he is much more likely to press jockeys/trainers on subject matters and you do tend to see expressions ranging from amusing resignation through to mild irritation on their faces when he approaches them to grab a quick interview. I do fully conceed that he is best served in relatively small doses though.
It is interesting that there have now been three quite high profile (to varying degrees) cases of people in racing falling afoul of the HMRC…..might this generate more scrutiny from them into more people in racing that are involved in or have set up their owm companies linked to the sport?
Some might just want to be checking in with their own tax accountant to see exactly what they are up to and whether their taxes are being paid correctly……..just a thought.
He must be on decent dosh , got that podcast to , it really surprises me how poor some people are with money
Pick 3 on Saturday champion 2025/2026
Matt Chapman might be on an excellent salary, but if this was paid into his company (set up to potentially reduce income tax) then his company’s debts could not be as bad as stated.
Something else must be going on. The problem we have is that media reporting is not always accurate.I admit to being a fan of Matt Chapman; he makes racing interesting while many of his competitors bore the pants off you. What I like about his commentary is that when one of his tips goes down he says it as it is. Many of his competitors don’t comment on their poor tipping, but go on to give you five good reasons why the actual winner won.
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