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EXCLUSIVE: Premier League players and agents are unhappy after being ordered by HMRC to provide evidence of involvement in transfers as far back as September 2018… despite the fact many deals are negotiated verbally
- Premier League players and agents are being ordered to provide evidence of their involvement in transfers by HMRC
- The transfers that HMRC are investigating date as far back as September 2018
- Players and agents aren’t happy as many deals are negotiated verbally
- Some players feel they are being targeted to make up the economic shortfall created during Covid
Premier League stars are being ordered to provide ‘non existent’ evidence to prove their agents’ involvement in transfers as part of a major retrospective tax purge on players.
The Inland Revenue are investigating a host of historic transfers dating as far back as September 2018 as they seek further payments from players in relation to agents fees in a clampdown that could cost footballers millions of pounds in extra tax.
Sportsmail can reveal that the HMRC are asking players to document their representatives’ involvement in deals with emails, texts and WhatsApp messages, details of any phone calls and all correspondence linked to transfers – a request that has caused huge discontent amongst the playing and agent community.
Premier League players and their agents have been ordered to provide evidence to HMRC about their involvement in transfers dating back to September 2018
At the time a large number of the investigated deals occurred, it is claimed there were no guidelines stipulating players and agents needed to keep a record or supply such information.
‘They are effectively going back in time to change the rules, and then penalise players in the current…
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Source : dailymail
