davenportram Posted February 4, 2011 Share Posted February 4, 2011 Just found this on the Mirror http://www.mirrorfootball.co.uk/news/Chelsea-annual-wage-bill-has-soared-to-172-5m-which-is-almost-40m-more-than-Premier-Leagues-next-highest-payers-article690563.html Chelsea gave a £172m wage bill, £40m more than Man City. In that article it also mentions that HMRC are after making image rights payments taxable. The latest accounts also reveal that Chelsea will be liable for £3.8million extra in National Insurance contributions if HM Revenue and Customs succeed in their legal case that image rights payments should be taxed as income. If that is proved, the players themselves would be liable to pay any tax individually in relation to image rights. Looks like HMRC are after their pound of flesh from football, wonder how many winding up orders will be served between now and the start of next season Link to comment Share on other sites More sharing options...
RamNut Posted February 4, 2011 Share Posted February 4, 2011 fair enough really.....its just tax evasion Link to comment Share on other sites More sharing options...
davenportram Posted February 4, 2011 Author Share Posted February 4, 2011 fair enough really.....its just tax evasion Technically it's tax avoidance at the moment, because its nit illegal. Link to comment Share on other sites More sharing options...
RamNut Posted February 4, 2011 Share Posted February 4, 2011 Technically it's tax avoidance at the moment, because its nit illegal. ok ...its that then Link to comment Share on other sites More sharing options...
NorfolkRam Posted February 4, 2011 Share Posted February 4, 2011 Good on em I say (the footballers) Fair enough they are Mega over paid and others need it more but the tax man bleeds enough people dry, I hope the players can keep this for a while longer. Link to comment Share on other sites More sharing options...
RamNut Posted February 4, 2011 Share Posted February 4, 2011 Good on em I say (the footballers) Fair enough they are Mega over paid and others need it more but the tax man bleeds enough people dry, I hope the players can keep this for a while longer. ...but they are the ones who can most afford to pay Link to comment Share on other sites More sharing options...
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