HMRC to Target Footballers’ Perks
HM Revenue & Customs is said to be launching an investigation into alleged ‘secret perks’ paid to Premier League football players by their clubs.
According to a report in the Mail on Sunday, HMRC investigators have interviewed finance directors at several top clubs and have also sent a ‘football clubs employment issues questionnaire’ to at least 24 clubs.
The newspaper says the clubs and players are being asked for details of a range of benefits which could be liable to both tax and National Insurance Contribution payments. These include first-class flights, holidays, accommodation, company cars, use of club credit cards, health care and private security.
HMRC has refused to confirm the reports that its High Net Worth unit is targeting top level footballers, saying it cannot comment on individual cases.
- Mechanic ordered to pay back £208k with respect to a tax fraud
- Large Businesses Tax underpayments increases by 13% to £25bn
- OECD Releases Compliance Ratings on Tax Transparency
- LITRG urges to Act Fast on Missed Tax Credit Renewals
- Legal and Accounting Businesses Contribute £15.5bn in Taxes for UK Treasury
- Chinese Football Association Introduces Rule of 100% tax on Signings of Foreign Players
- Barcelona striker Lionel Messi losses his tax Fraud conviction appeal