FOOTBALLERS LOOKING to move to England on today’s transfer deadline must beware the tax consequences of leaving their current club, according to a survey by Taxand.
On a gross income of £3m, UK sport stars take home £1.53m. Sportspeople in Spain clear £2.28m, while in the US they take home £1.97m.
French stars take home £1.81m, while in Germany they clear £1.58m.
“A number of jurisdictions offer special tax regimes for sportspeople, acknowledging issues such as typically short career lengths. It is important that players fully understand and consider these rules when considering a move abroad,” said Félix Plaza Romero of Taxand Spain.
Crowe Clark Whitehill , the top 20 accountancy firm, has announced the promotion of Chris Mould to partner
The latest opinions from Accountancy Age on Making Tax Digital, and outline plans to evolve the UK's corporate governance regime
Five million taxpayers are ow using digital personal tax accounts (PTA) as part of the making tax digital strategy, HMRC said
UK-based non-doms have paid ten times more tax than the average taxpayer, raising concerns over the Brexit impact on non-dom contributions and therefore, the economy