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HMRC to Start Charging National Insurance to Players

In the News

Wealthy football clubs will have to pay tax on money raised from player testimonials following changes by HM Revenue & Customs.

HMRC confirmed on Wednesday that bodies organising testimonials for retired sportsmen and women will have to pay National Insurance on any money raised above the sum of Β£100,000 from April. Income tax has applied to testimonials since 2017, further eating into the proceeds.

Mareean
1 month ago
What do you think of this?
Mareean
Mareean
Original Poster
1 month ago

Sanitation1234 so who's your favourite player and how much he is going to pay? You need to be an accountant now.

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4
Sanitation1234
Sanitation12341 month ago

Can you tell me your favourite player first please πŸ™πŸ»

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Sanitation1234
Sanitation12341 month ago

😯

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Sanitation1234
Sanitation12341 month ago

Messi &Ronaldo I like both πŸ™πŸ»

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KijManhas
KijManhas1 month ago

Well when a low income labour had to pay the law should be applied on rich gigs too. They can afford to pay and should pay.

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5
Sanitation1234
Sanitation12341 month ago

Thanks

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1
Mareean
Mareean
Original Poster
1 month ago

Sanitation1234 then you are the only person who likes two competitors at same times. Otherwise Messi and Ronaldo's fans take apart each other πŸ˜†πŸ˜†πŸ˜†

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Sanitation1234
Sanitation12341 month ago

I just like them that’s it nothing wrong with both are my favourite 😊

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1
Sanitation1234
Sanitation12341 month ago

Thanks 🏏

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1
WindowShopper
WindowShopper1 month ago

Sanitation1234 so then you are definitely an asian πŸ˜†πŸ˜†πŸ˜† Indian, Pakistani or Bungali?

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3
Sanitation1234
Sanitation12341 month ago

πŸ˜” πŸ€”please joke is joke don’t mention there cast I respect them all from my heart β£πŸ™πŸ»

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Mareean
Mareean
Original Poster
1 month ago

Sanitation1234 oh yes cricket is love and as a born brown I am definitely a fan of cricket though my favourite players have retired ages ago πŸ˜†πŸ˜†πŸ˜†

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Sanitation1234
Sanitation12341 month ago

Thanks 😌my favourite star still playing πŸ˜‚

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Sanitation1234
Sanitation12341 month ago

Thanks πŸ˜‚

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1
davidstockport
davidstockport1 month ago

Perhaps better worded as "National insurance will not need to be paid on the first Β£100,000 of any money paid to all those who because of previous occupation (sports injuries) will probably be costing the NHS more than the average - especially as the money paid is usually unnecessary if the wealthy clubs they'd retired from made them multi millionaires before they were crocked or sailed off into the distance on their luxury yachts".

Testimonial matches in the distant past were perhaps necessary - but now they're just another way of ripping off the "not so wealthy" fans, many of whom will turn up at the grounds in a very expensive football kit on match days, it's probably cost them a weeks dole, and then pay to get in, but I've never heard of even one of the poor buggers getting a game yet.

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1
Sanitation1234
Sanitation12341 month ago

Thanks

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1
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