HMRC investigations into footballers jump dramatically in 2019/20
Issues surrounding image rights
“HMRC believes that lots of lesser-known footballers are effectively avoiding tax by getting paid huge sums for image rights that HMRC views as overpriced" - UHY's Elliot Buss.
The tax affairs of 246 footballers were investigated by HM Revenue & Customs (HMRC) in the 2019/2020 tax year, nearly trebling year-on-year, according to research by accountancy network UHY Hacker Young.
The number of footballers being investigated by the taxman rose dramatically in 2019/20, up from 87 individuals in the previous year. The number of investigations into the tax affairs of football agents...
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