Victoria Beckham raked in £430k in a year from music without even singing a NOTE

POSH Spice earned £430,000 from her music career in 2020, latest accounts have revealed. Victoria Beckham’s music firm Moody Productions Ltd paid just £86,000 in Corporation Tax from her earnings – meaning she raked in less than £500,000 from her Spice Girls back catalogue. But the annual accounts have revealed that over the years she’s […]

POSH Spice earned £430,000 from her music career in 2020, latest accounts have revealed.

Victoria Beckham’s music firm Moody Productions Ltd paid just £86,000 in Corporation Tax from her earnings – meaning she raked in less than £500,000 from her Spice Girls back catalogue.

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Victoria Beckham brought in a little under £500,000 from music in 2020[/caption]

But the annual accounts have revealed that over the years she’s had more than £5m of loans from the firms.

She had previously banked nearly £1million by not singing with the Spice Girls on their 2019 reunion tour. She was entitled to a fifth of the takings for endorsements, licensing deals and merchandising generated by the gigs.

And latest accounts for one of hubby David’s firms – Footwork Productions Ltd – shows the outfit has a whopping £30.8m in investments.

The couple’s other ventures help Posh’s fashion empire that has racked up losses totalling more than £50million after a sixth consecutive year of no profits.

Directors have warned there is “significant doubt” over its future without more cash from her and husband David.

The ex-Spice Girl’s luxury brand made a loss of £8.6million in 2020. That followed a loss of £16.8million in the previous 12 months.

It has never turned a profit since it first filed figures for 2016, with losses now totalling £56.7million.

The firm will “require continued shareholder support and financing” to save it, directors admitted last year.

But the directors “have the reasonable expectation that any support will be provided from the shareholders”  – believed to refer to the couple.

The latest figures come as the Spice Girls have held fresh talks as they plan a world tour for next year – ending with a swan song show at Glastonbury with Victoria Beckham.

Sources close to Mel C, Mel B, Emma Bunton and Geri Horner, who had a meeting this week in London, told how they feel their last performance should be on Glasto’s ­Pyramid Stage.

And they say Victoria has indicated she will join them if they get to headline ­at Worthy Farm.

A close source said: “There have been bumps in the road, particularly where Geri is concerned, but the plan is still that the girls’ world tour will go ahead next year.

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The star rose to fame in the 1990s in pop supergroup, Spice Girls[/caption]

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But Victoria has left singing behind her and turned her hand to fashion[/caption]

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Her and husband David have been helping to keep her designer label afloat[/caption]

“The idea is that it will kick off in 2023, and finish at Glastonbury.

“Victoria has previously said that she would perform with them at the festival. So that would be the perfect way to round off the tour.”