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".
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Reply to: Nice payslip!
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Previously on "Nice payslip!"
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Originally posted by M_B View PostI 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
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I see he lives very near Menlove Avenue... such a charming name for a road, I always thought...
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The guy is on PAYE? I thought these guys would be using Ltd companies!
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