Re: Hollywood FC
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What if a player has an image rights company based overseas and a proportion of their "salary" is paid that way? So they get £100k PA salary, on which they pay tax and NICs, and £300k PA paid for the use of their face/name, paid into a Monaco or Jersey registered company.
I believe HMRC have a set of tax avoidance criteria on what % of salary can legitimately be paid via such an IR company to ensure its not tax evasion?
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