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Topics: Tyson Fury, Boxing
Nasir Jabbar
Tyson Fury and his family have left the UK and moved to a new place, according to a report.
Fury is set to return to boxing next year after retiring from the sport following his second defeat to Oleksandr Usyk in December 2024.
He had called time on his legendary career after failing to reclaim the world heavyweight titles, including the WBA (super), WBC and WBO belts.
An all-British showdown against old rival Anthony Joshua, who destroyed Jake Paul on Friday, is believed to be in the works.
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Ahead of resuming his boxing career, the 37-year-old has made a drastic lifestyle change.
According to The Sun, Fury has left the UK with his family and moved to the Isle of Man following Rachel Reeves' tax-raiding budget.
Per the report, he and his wife Paris - with whom he shares seven children - have left Morecambe, Lancashire, for a six-bedroom £8 million home close to the island's capital Douglas.
Chancellor Reeves targeted high earners in November's tax-rising budget, which enforced a mansion tax on properties worth over £2 million, which would have impacted Fury's home.
Income tax rates in the self-governing British Crown Dependency are less than half of those in the UK with the higher tax rate set at 21 per cent compared to 40 per cent for higher rate taxpayers on the mainland.
However, those earning over £125,140, like the self-proclaimed 'Gypsy King', it is set at 45 per cent.
The Isle of Man has a ceiling of £220,000 on the amount of personal income paid by an individual each year and there is no capital gains tax or inheritance tax on the island.
Fury's move was revealed after he changed his residency to the Isle of Man on Companies House documents.
The Fury's have already been spotted in their new home.
A source said: "Tyson has been telling pals that he has moved to the island.
"He is very fond of the Isle of Man and has been telling residents that he is looking forward to making it his home.
"The couple have also been checking out schools in the area for their youngest kids."
LADbible Group has reached out to Tyson Fury’s representatives for comment.