Premier League: HMRC declare again £124.8m in unpaid tax from golf equipment

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Unpaid tax claimed again from Premier League golf equipment greater than doubled from the earlier tax yr

HMRC investigators claimed again £124.8m in unpaid tax from Premier League golf equipment within the yr to 31 March 2023.

That was up from £58.7m the earlier tax yr, in keeping with figures compiled by accountancy group UHY Hacker Younger.

Reclaimed funds included Nationwide Insurance coverage on brokers’ charges and picture rights, plus tax on advantages in type.

“We are going to proceed to rigorously scrutinise preparations between golf equipment, gamers and brokers to make sure the right tax is paid,” stated HMRC.

“We work intently with the soccer trade to coach and take care of tax threat head on.”

Advantages in type included flights and accommodations for Premier League gamers and households.

Elliott Buss, of UHY Hacker Younger, stated HMRC was “actually cracking down on the soccer trade”.

He added: “HMRC now have these golf equipment’ tax affairs of their sights.

“The rising proportion of brokers’ charges being paid by golf equipment is drawing the eye of the taxman to the chance that not all tax due on these funds is being paid.”

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