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Re: Salary cap breaches revealed
Posted by: freddydoesdallas
Date: 23/01/2020 13:36
I've been an outside observer of this for a while and not here to pass judgement on the club or the punishment.

However, after seeing similar things happen in football and then seeing some of the terminology in the releases today ie 'interest free loans' to players now being considered salary...is this going to have tax implications on the players?

Many footballers in recent years have been saddled with huge tax bills after their career had ended due to the EBTs they received. How much of this non-salaried income is now going to be deemed salary and taxable?

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