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What is the annual salary for a footballer?

Do professional footballer pay tax on their salary in UK?

  • Answer:

    yes, even thought they are footballers they are still part of the public like us and where we pay taxes they also do because playing football is their job.

ramloll a at Yahoo! Answers Visit the source

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They are eligible to pay tax like the rest of us. For all earnings above about £40,000 per year they will be taxed at 40%. However, as with all super-rich people they can afford the best accountants and lawyers to help them avoid as much tax as possible.

SimonC

Unless they have a very very clever accountant they'll pay income tax at the higher rate of 40%

Dylan Mitchell

I'm sure they avoid tax by having offshore accounts (e.g Swiss). It really wouldn't surprise me.

Dazcouz

I hope so - and at the highest rate possible!!!

pinkie

Are these professional football players residents of the United States. Then, yes, they must report their effectively connected income if they are from outside of the united states They must report their worldwide income if they are residents of the United States. To avoid double taxation, they must file and take credit on their US return for all taxes paid to a foreign government I worked for the IRS for 16 years and own a business called "ErnestHinton solutions" [email protected]

ernesthinton

Yes, 40% as high earners

tah_london

yeah

combat18

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