Just reading a telegraph article about transfers and tax and a thought comes to mind. It says traditionally football agent fees for representing a player are paid by the club but are a taxable benefit to the player. It says recently (some?) footballers have been ‘representing themselves’ and agents act as ‘consultants’ to the club. This meaning the fees become a business expense and not a benefit. (No benefit in kind, no 40% tax).
I wonder what HMRC’s view of this will be when it comes to all the emails, texts, and public statements that’s have been made about who did what and for what benefit.