Re Agents fees
a club can pay an agent on behalf of a player. It is treated as payment in kind to the player. The player then pays the income tax on it as if earnings.
Posted By: Larry Hagman on August 15th 2022 at 19:32:22
Message Thread
- Re Agents fees (NCFC) - Larry Hagman, Aug 15, 19:32:22
- How do you know the club doesn’t also foot the tax bill? (n/m) (NCFC) - SimonOTBC, Aug 15, 21:25:52
- If club paid the tax then that too would be treated as player income (NCFC) - Larry Hagman, Aug 15, 21:49:35
- Diminishing returns (NCFC) - SimonOTBC, Aug 15, 22:48:54
- If club paid the tax then that too would be treated as player income (NCFC) - Larry Hagman, Aug 15, 21:49:35
- How do you know the club doesn’t also foot the tax bill? (n/m) (NCFC) - SimonOTBC, Aug 15, 21:25:52
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