'Gukga-bi's Husband' YouTuber 'Youngguk Namja', Earning Money in Korea but Paying Taxes in the UK?

'영국남자' Net Worth Nearly Quadrupled Last Year

The net worth of the famous YouTuber "Youngguknamja," who has nearly 4 million subscribers, has nearly quadrupled compared to last year. The photo shows "Youngguknamja's" content related to Korea. They mainly create content that stimulates Koreans' patriotism. / Photo by Youngguknamja YouTube

[Asia Economy Reporter Seulgi Kim] The net worth of the famous YouTuber 'Youngguk Namja (Josh Carrott and Oliver Kendall)', who has nearly 4 million subscribers, has nearly quadrupled last year. Youngguk Namja is also well known as the husband of Gukgabi. Gukgabi recently caused controversy by holding a party with acquaintances during the COVID-19 self-quarantine period.

On the 14th, Park Seong-jung, a member of the National Assembly's Science, Technology, Information and Broadcasting Communications Committee from the People Power Party, analyzed data from the UK Companies House and found that the net assets of 'Kendall and Carrott', the company operating the Youngguk Namja channel, surged about 3.8 times from ?161,236 (about 240 million KRW) in 2018 to ?606,331 (about 910 million KRW) in 2019.

'Kendall and Carrott' is a company established in London in 2013 by Josh Carrott and Oliver Kendall, who run the Youngguk Namja broadcast. They have been operating YouTube channels and reporting the company's financial status to the Companies House.

As assets increased, the corporate tax paid by the company to the UK government also more than doubled, from ?62,303 (about 93 million KRW) in 2018 to ?162,683 (about 240 million KRW) last year.

The issue is that Youngguk Namja's main broadcast content is focused on Korean food tasting and other Korea-centered content, but the taxes are paid to the UK government. Since most subscribers are Korean, there are concerns about the appropriateness of paying taxes to the UK government.

On the same day, Representative Park said, "British residents living in London have earned profits worth hundreds of millions of won based on domestic subscribers through patriotic marketing locally, but the taxes were paid to the UK government," adding, "Foreign YouTubers often have accounts overseas, making tax investigations difficult and proper taxation challenging, so fair taxation measures must be established."

Meanwhile, Josh, the husband of YouTuber Gukgabi and member of Youngguk Namja, apologized on the 13th for the controversy caused by uploading a video on YouTube of a birthday party with acquaintances and family during the self-quarantine period after Gukgabi returned to Korea on the 10th, and announced a suspension of activities.

Josh said, "I apologize for causing discomfort. I will take sufficient time for reflection to ensure such mistakes are never repeated, and I will not engage in any activities during that period." Josh and Gukgabi are a famous YouTuber couple with 4 million and 1.33 million subscribers respectively.

This content was produced with the assistance of AI translation services.