If you're a business, you just pay corporation tax on your overall profits, presumably?
Rather than capital gains tax. So to the extent that the fee received last year boosted their profits, they would have paid tax on that. Paying for him this year means lower profits and less tax.
But nothing special because it happens to be the same player. I'd have thought.
Posted By: Tricky Hawes on August 28th 2008 at 17:21:50
Message Thread
- Man city look to be going out of wafa (n/m) (Other Football) - pants, Aug 28, 16:55:50
- They've done a goal now. Think tent got the last touch (n/m) (Other Football) - Small, Aug 28, 17:12:57
- really???? (Other Football) - pants, Aug 28, 17:13:36
- Own goal i think (n/m) (Other Football) - Small, Aug 28, 17:16:26
- beeb description (Other Football) - Tricky Hawes, Aug 28, 17:18:41
- Own goal i think (n/m) (Other Football) - Small, Aug 28, 17:16:26
- really???? (Other Football) - pants, Aug 28, 17:13:36
- Tent Evans is coming on (n/m) (Other Football) - Small, Aug 28, 17:03:03
- Cor. Ruddy hell. I'd love that right off. (n/m) (Other Football) - Arizona Bay, Aug 28, 17:08:58
- That didn't make sense. Until I realised it's become your stock post. (Other Football) - Tricky Hawes, Aug 28, 17:12:29
- if I put my super ched mug in the microwave, I watch as it rotates round (Other Football) - pants, Aug 28, 17:04:18
- Cor. Ruddy hell. I'd love that right off. (n/m) (Other Football) - Arizona Bay, Aug 28, 17:08:58
- ....but have re-signed little SWP. (n/m) (Other Football) - Tricky Hawes, Aug 28, 16:59:31
- silly question about to follow (Other Football) - camcan, Aug 28, 17:18:03
- If you're a business, you just pay corporation tax on your overall profits, presumably? (Other Football) - Tricky Hawes, Aug 28, 17:21:50
- that's what I assumed - but it just seems quite smart really (Other Football) - camcan, Aug 28, 17:23:35
- If you're a business, you just pay corporation tax on your overall profits, presumably? (Other Football) - Tricky Hawes, Aug 28, 17:21:50
- oh (n/m) (Other Football) - pants, Aug 28, 17:00:38
- silly question about to follow (Other Football) - camcan, Aug 28, 17:18:03
- They've done a goal now. Think tent got the last touch (n/m) (Other Football) - Small, Aug 28, 17:12:57
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