Image Rights – Further Probes
Following consultation with Spanish tax authorities into recent high profile ‘image rights’ tax avoidance schemes. The UK’s HM Revenues & Customs (HMRC) is now investigating almost 200 footballers as part of its crackdown on tax avoidance in the sport.
According to a report in the Daily Mail, the number of players under investigation has risen from 181 in April to 198 today, with 44 Premiership and Football League clubs said to be involved. The number of Agents (Intermediaries) being probed has also increased from 21 to 29.
The investigation covers a range of areas from image rights loopholes, to the use of tax avoidance schemes.