As I understand it
You depreciate the value of the player (transfer fee and wages over contract) over the life of their contract.
Do companies pay CGT? Presumably not on essentials of their business. I thought it was just on net operating profit?
Posted By: Kangol Canary on September 2nd 2015 at 08:42:41
Message Thread
- Can someone please confirm the following... (NCFC) - Shut the gate, Sep 2, 08:39:31
- As far as I am aware..... (NCFC) - JD3, Sep 2, 09:21:37
- Capital gains tax on profits from sale of players doesn't apply (NCFC) - bowfront1, Sep 2, 09:04:54
- As I understand it (NCFC) - Kangol Canary, Sep 2, 08:42:41
- Noted and appreciated - but if you depreciate and the value of the player appreciates then (NCFC) - Shut the gate, Sep 2, 08:46:05
- I think you're confusing personal tax with corporation tax (NCFC) - CWC, Sep 2, 08:54:22
- Noted and appreciated - but if you depreciate and the value of the player appreciates then (NCFC) - Shut the gate, Sep 2, 08:46:05
- 9 (n/m) (NCFC) - tim berry, Sep 2, 08:41:09
- School tomorrow Tim (n/m) (NCFC) - Shut the gate, Sep 2, 08:41:55
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