2nd June 2021
HM Revenue and Customs (HMRC) has released formal guidance on how it will treat payments made to football agents who provide services to both a club and the club’s player – often referred to as “dual representation”.
Typically, as well as paying the football agent for services provided to the club itself, the club will also pay the football agent for the services provided to the player on the player’s behalf. The portion paid on behalf of the player is taxable as a benefit-in-kind to the player, which the player must disclose on their P11D form.