Steelmen enjoy

Tax office to set up special rugby unit

PREMIERSHIP and Championship clubs must sort out their tax affairs in respect of agent fees on player contracts or risk being hit by swingeing VAT or national insurance demands, according to a leading taxation expert.
The Rugby Paper can reveal Her Majesty’s Revenue and Customs (HMRC) are ready to follow-up their heavy duty involvement in football by creating a special ‘rugby unit’.
Agents routinely charge five per cent of a player’s salary over the course of a new contract and sharp increases to the Premiership wage cap and the salaries top players now command have ...

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