Nice payslip!

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DimPrawn replied

31 October 2007, 19:33
Footballers are on PAYE for the club earnings.

However, any sponsorship, advertising, branding, merchandising etc (think Beckham etc) is always on a separate ltd, and yes, it will be paid offshore, non-dom, tax free etc.

So don't be fooled, they pay a tiny fraction of their "earnings" as taxable income.

But that's okay, it's "fair".
Leave a comment:
MrRobin replied

31 October 2007, 18:18
I laughed at that... that's some expensive half time oranges!
Leave a comment:
Alf W replied

31 October 2007, 17:45
£65 deducted for food. Do you think some of them take sandwiches in?
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BA to the Stars replied

31 October 2007, 17:41
Originally posted by M_B View Post

I would guess that would be against FA rules.

And they'd be within IR35 anyway. Can't see the clubs agreeing to a substitute clause somehow.

Only when he's on the bench
Leave a comment:
M_B replied

31 October 2007, 17:32
Originally posted by Bagpuss View Post

The guy is on PAYE? I thought these guys would be using Ltd companies!

I would guess that would be against FA rules.

And they'd be within IR35 anyway. Can't see the clubs agreeing to a substitute clause somehow.
Leave a comment:
NickFitz replied

31 October 2007, 16:08
I see he lives very near Menlove Avenue... such a charming name for a road, I always thought...
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FiveTimes replied

31 October 2007, 15:54
Not sure if it has anything to do with being classified as bankrupt
Leave a comment:
Bagpuss replied

31 October 2007, 15:43
The guy is on PAYE? I thought these guys would be using Ltd companies!
Leave a comment:
MrRobin started a topic Nice payslip!

31 October 2007, 15:35
Nice payslip!

I wonder if my ltd could stretch...?

Linky

It is authentic too, apparently.
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