AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
Is There a Tax on Player Players Agents Fees?
Clubs pay agents fees for players, they are actually paying them on behalf of those players. And so they are considered a benefit in kind, which means that there the player is eligible to pay tax on those things. I mean, if it was, if you were a player and your agent got five million yearo annthe you have to pat xonie,. i think a lot ot to play as for i think a lots of players get broadsided by this. They're not expecting like, a huge tax bill to come in at the end of the season. So that's something that is going to be sorted out as well.