darra Posted August 10, 2020 Share Posted August 10, 2020 Just watching SSN. HMRC have increased the number of investigations by around 300% into players image rights payments. Also doubled the investigations into agents payments. Apparently, players form limited companies and the image rights money goes into them. This means they pay 19% corporation tax instead of 45% income tax. Link to comment Share on other sites More sharing options...
Ever the pessimist Posted August 10, 2020 Share Posted August 10, 2020 It’s probably completely legal for players to do so, just a little bit galling. Link to comment Share on other sites More sharing options...
darra Posted August 10, 2020 Author Share Posted August 10, 2020 1 hour ago, Ever the pessimist said: It’s probably completely legal for players to do so, just a little bit galling. Saw a bit more on SSN. Seems like it could be similar to what Ronaldo did in Spain and he had to pay back €17million Link to comment Share on other sites More sharing options...
0wl18 Posted August 10, 2020 Share Posted August 10, 2020 I suppose it’s in the detail. Image rights are simply based on the player. You wouldn’t imagine you could get paid x amount of millions for the image rights of a company nobody knows the name of surely? Link to comment Share on other sites More sharing options...
jamsandwich Posted August 17, 2020 Share Posted August 17, 2020 Absolute nonsense - perfectly legal and right for footballers to setup legal entities to manage their image rights (and all other activities) and pay the correct corporation tax on amounts rendered. Link to comment Share on other sites More sharing options...
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