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Yes - if the transfer is between two British clubs it is subject to VAT just as any other goods or services are subject to taxation.

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15y ago

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Related Questions

Which football player has the most transfer fees?

Anelka


Who is the most expensive English football player when you add up his total transfer fees?

Nicolas Anelka - Total transfer fees 85.3 million


What are some of the highest amounts of transfer fees that have been paid by football teams?

There are very high amounts paid in transfer fees to players switching between American football teams. Some of the highest fees have been as high as millions of dollars or as low as thousands.


Is there VAT on solicitors' fees?

Yes


Football and financial?

Football is one of the best paying sports in the world. The broadcast rights, the price on various tournaments, transfer fees, and the advertisement fees make it one of the most lucrative sports in the world.


What is the accounting journal entry to record audit fees with VAT?

To record audit fees with VAT, you would make the following journal entry: Debit the "Audit Fees Expense" account for the net fee amount, debit the "VAT Input Tax" account for the VAT amount, and credit the "Accounts Payable" or "Cash" account for the total amount (audit fee plus VAT). For example, if the audit fee is $1,000 and VAT is $200, the entry would be: Debit Audit Fees Expense $1,000, Debit VAT Input Tax $200, and Credit Accounts Payable $1,200.


Top transfer fees in football?

The top transfer fee is 80 million pounds for Christiano Ronaldo , who was transfered from Manchester United to Real Madrid for 80, million pounds.


Who football player has cost money in accumulated transfer fees during his career?

Keane Unfortunately not - Nicolas Anelka thus far.


How much has robbie keane earned in his share of transfer fees over his career?

Robbie Keane, during his professional football career, had multiple transfers that contributed to his overall earnings from transfer fees. While exact figures can vary, it is estimated that he was involved in transfer fees totaling around £45 million throughout his career. Typically, players do not receive the entire transfer fee, but rather a portion of it through signing bonuses or agent fees. Therefore, his earnings from these transfers would be a fraction of that total amount.


What are the football transfer fees over 20million?

Zidane , Beckham, Figo, Kaka, Ronaldo , Pavel Nedved, Adebayor , Ibrahamovic. Ronaldo. And the list can go on.


What are the sources of taxation?

individual income sales property corporate income user fees vat


Can VAT be due if you sell supply or transfer goods out of the UK?

If you sell, supply or transfer goods out of the UK to someone in another country you may need to charge VAT on them. For more information, contact the VAT helpline by calling the VAT contact number on 0300 200 3700 (FREE)