TaxPersonal TaxHMRC to investigate footballers’ perks

HMRC to investigate footballers' perks

Taxman has contacted Premier League finance directors, according to reports

PREMIER LEAGUE footballers will be investigated by HM Revenue & Customs over perks they receive from their clubs.

The HMRC High Net Worth Unit have interviewed finance directors at the league’s richest clubs and sent questionnaires to others asking for details of free holidays, luxury accommodation and other gifts, according to the Daily Mail. The taxman will then cross reference the information against individual tax returns.

A source told the Mail: “We are not talking about a few low-cost gifts. These people are multi-millionaires. We wouldn’t be doing this if we didn’t think it was going to bring in a lot of money.”

The perks involved could include first-class flights, holidays, company cars, use of club credit cards, health care and private security.

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