Premier League clubs using furlough scheme need to pay extra tax on players' wages
4 years, 9 months ago

Premier League clubs using furlough scheme need to pay extra tax on players' wages

Deccan Chronicle  

London: Premier League clubs that use government money for the salaries of non-playing staff, while continuing to pay players their full wage could be hit by a new tax. Julian Knight, who chairs the British Government's Digital, Culture, Media and Sport Committee, expressed his "dismay" at clubs using the government's furlough scheme which will guarantee 80 percent of salary for staff members up to a maximum of 2,500 pounds a month. Tottenham, Newcastle and Norwich have so far said they will use the scheme for non-playing staff, although Norwich will top up the government's contribution to ensure 100 per cent of salaries are paid. "The purpose of the Coronavirus Job Retentions Scheme is not to support the economics of Premier League clubs."

History of this topic

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