"Another club was interested in me which was flattering, but once Crystal Palace made their move, I only wanted to sign for them. They are an established PL club and I'll be working with some players I've admired from afar. The passionate fans also made it a move I couldn't refuse".
"Another club was interested in me which was flattering, but once Crystal Palace made their move, I only wanted to sign for them. They are an established PL club and I'll be working with some players I've admired from afar. The passionate fans also made it a move I couldn't refuse".
Did this fella actually sign for palace?
Did this fella actually sign for palace?
Deal fell through on agents fees only, Palace not giving in to agents, you have to give them a plus mark there.
http://www.dailymail.co.uk/sport/fo...n-Crystal-Palace-7m-deal-falls-agent-fee.html
I can never get my head around this. The agent is working on behalf of the player, so he should pay their fees.
If I sell my house, I don't expect the buyer to pay the estate agents fees.
I can never get my head around this. The agent is working on behalf of the player, so he should pay their fees.
If I sell my house, I don't expect the buyer to pay the estate agents fees.
It has to be done this way. The Buying club has to negotiate a separate deal with the Agent and pay the Agent independently. Otherwise the Agents Fee becomes taxable on the player because the Agents fee would then be paid ''by virtue of the services of the player'' hence taxable on the player.
There are about 200 or more cases going to Tribunal with HMRC on this issue where players didn't get their contracts drawn up correctly to avoid HMRC assessing the player and not the Agent. All very complex and a few are due in the courts in the coming months.
Players who don't take proper advice from tax lawyers are getting caught and that has made things a lot more complicated when doing transfer deals to ensure players don't get taxed on Agents fees
Should they be opening a bank account in the name of their pet dog? "Triffic"
It has to be done this way. The Buying club has to negotiate a separate deal with the Agent and pay the Agent independently. Otherwise the Agents Fee becomes taxable on the player because the Agents fee would then be paid ''by virtue of the services of the player'' hence taxable on the player.
There are about 200 or more cases going to Tribunal with HMRC on this issue where players didn't get their contracts drawn up correctly to avoid HMRC assessing the player and not the Agent. All very complex and a few are due in the courts in the coming months.
Players who don't take proper advice from tax lawyers are getting caught and that has made things a lot more complicated when doing transfer deals to ensure players don't get taxed on Agents fees
There are more than two ways. The agent could work for the selling club.It has to be done this way.
It has to be done this way. The Buying club has to negotiate a separate deal with the Agent and pay the Agent independently. Otherwise the Agents Fee becomes taxable on the player because the Agents fee would then be paid ''by virtue of the services of the player'' hence taxable on the player.
There are about 200 or more cases going to Tribunal with HMRC on this issue where players didn't get their contracts drawn up correctly to avoid HMRC assessing the player and not the Agent. All very complex and a few are due in the courts in the coming months.
Players who don't take proper advice from tax lawyers are getting caught and that has made things a lot more complicated when doing transfer deals to ensure players don't get taxed on Agents fees