Forum | Are Transfer fees taxed? by ThurrockJack92

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Are Transfer fees taxed? 13:32 - Jul 29 with 3212 views

ThurrockJack92

Maybe a stupid question, but all these huge fees have got me wondering how much money a club actually gets.

Are Transfer fees taxed? on 13:36 - Jul 29 with 3200 views

Flashberryjack

If they aren't, they f*cking well should be, 95% sounds about right.

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Are Transfer fees taxed? on 13:45 - Jul 29 with 3167 views

Joe_bradshaw

They make up part of the company accounts and profits are taxed.

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Are Transfer fees taxed? on 13:48 - Jul 29 with 3156 views

airedale

Just part of the turnover like gate receipts?

Are Transfer fees taxed? on 14:19 - Jul 29 with 3108 views

Whiterockin

Are Transfer fees taxed? on 13:48 - Jul 29 by airedale
Just part of the turnover like gate receipts?

Is there VAT like anything else you buy and sell. I'm sure there's VAT on gate receipts.

[Post edited 29 Jul 2017 14:22]

Are Transfer fees taxed? on 15:44 - Jul 29 with 2990 views

Highjack

Are Transfer fees taxed? on 14:19 - Jul 29 by Whiterockin
Is there VAT like anything else you buy and sell. I'm sure there's VAT on gate receipts. [Post edited 29 Jul 2017 14:22]

From my experience working in the human trafficking trade when you buy or sell a person you don't have to pay VAT. I imagine the same would apply with Everton buying siggurdson.

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Are Transfer fees taxed? on 15:53 - Jul 29 with 2970 views

airedale

Imagine if there was VAT on buying sexual services. "How much is it then love?" "Its £48"

Are Transfer fees taxed? on 16:32 - Jul 29 with 2921 views

pikeypaul

No but Corbyn must be thinking of putting in to the manifest to pay for his "dreams"

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Are Transfer fees taxed? on 17:04 - Jul 29 with 2865 views

Whiterockin

Found this breakdown on our Bony sale. Scroll down to the bottom and it mentions VAT.

http://www.mirror.co.uk/sport/football/transfer-news/revealed-true-cost-wilfried

Are Transfer fees taxed? on 17:10 - Jul 29 with 2852 views

ThurrockJack92

Are Transfer fees taxed? on 17:04 - Jul 29 by Whiterockin
Found this breakdown on our Bony sale. Scroll down to the bottom and it mentions VAT. http://www.mirror.co.uk/sport/football/transfer-news/revealed-true-cost-wilfried

Ah, so £50m for Siggy would mean £50m, minus Spurs cut.

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