REPORTS SAYS: 1 DIRECTION EARNS £1 MILLION PER WEEK AS THEIR PAY TRIPLES IN NEWLY UNVEILS FINANCIAL RECORD

We're in the money: L-R Niall Horan, Harry Styles, Liam Payne, Zayn Malik and Louis Tomlinson earned £50 million in 2013, according to a filing by their company, 1D Media
As if their chart-topping success isn't enough to put a smile on their faces, they now have much more to sing and dance about. Over the past year, One Direction have taken home a whopping £1 million a week - or £136,000 per day - in earnings as their popularity grows and their pay increases three-fold.The eye-popping figures, filed by their company 1D Media, see Harry Styles, Zayn Malik, Louis Tomlinson, Liam Payne and Niall Horan sit comfortably as Britain's top-earning act.Much of their £49,093,233
fortune was earned close to home in the UK, while £3.58 million came from the US and £548,820 from the rest of the world.The total is up from £18.1 million in 2012, according to the paperwork filed with Companies House.The documents also show that as the company’s five directors, each of the band members picked up more than £5.6 million.
But the company only paid £1 million in corporation tax, the official document shows. After administrative costs, the company was left with £3.75 million profit, up from £840,000 the previous year.The accounts cover 2013, when One Direction: This Is Us, a 3D documentary was released, topping UK and US box office charts and became the fourth highest-ever grossing concert film. The singers also toured Europe, North America, Asia and Australia, performing more than 100 shows, including six sell-out gigs at London’s O2 Arena. News of their earnings comes a day after it was revealed that the boy band topped Heat magazine's annual under 30 rich list for the second year in a row, with Daniel Radcliffe in second place.









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