Offshore tax loophole closed : Thu Apr 02, 2009 9:53 am  

http://www.guardian.co.uk/sport/2009/ap ... e-payments I would'nt have thought it would affect us too much, not many overseas stars, and with all the players leaving last year we must be well under SC. Warrington seem twitchy though Both Hull teams as well i would guess.

http://www.guardian.co.uk/sport/2009/ap ... e-payments I would'nt have thought it would affect us too much, not many overseas stars, and with all the players leaving last year we must be well under SC. Warrington seem twitchy though Both Hull teams as well i would guess.

: Thu Apr 02, 2009 10:09 am  

If we were twitchy, we wouldn't be spouting about it in the national press.

What a surprise, Andy Wilson reporting pessimism.

: Thu Apr 02, 2009 10:22 am  

The teams that would be most affected are those with large numbers of overseas players.

Hull have a largely British lineup, but Hull KR are packed full of Antipodeans.

Similarly Wigan have quite a large foreign legion in their ranks.

: Thu Apr 02, 2009 10:25 am  

Dont worry the SL players will take a pay cut just to keep the club's goign and the sport thriving, honestly !

Off shore banking and tax loopholes, shocking behaviour and being a good catholic boy means i wouldnt entertain such matters in my financial world.

: Thu Apr 02, 2009 10:35 am  

Supreme Sydney2002 wrote:

Dont worry the SL players will take a pay cut just to keep the club's goign and the sport thriving, honestly !

Off shore banking and tax loopholes, shocking behaviour and being a good catholic boy means i wouldnt entertain such matters in my financial world.

: Thu Apr 02, 2009 10:41 am  

Two Wheeled Saint wrote:

:WHISTLE:

Prodestants would do this, not a good catholic upstanding citezen smith. Also, I hear accountants of hotel chains are "inventive" with such tax things, disgusts me.

: Thu Apr 02, 2009 10:48 am  

The Chair Maker wrote:

The teams that would be most affected are those with large numbers of overseas players.

Hull have a largely British lineup, but Hull KR are packed full of Antipodeans.

Similarly Wigan have quite a large foreign legion in their ranks.

It's not the number of players it's the size of the contracts.

I am led to believe that it has happened at Saints in the past hence my question on here for Jamie Lyon at the Wellens forum, which no one asked.



If it's retrospective than a few clubs could find themselves in trouble.

: Thu Apr 02, 2009 10:58 am  

Rogues Gallery wrote:

If it's retrospective than a few clubs could find themselves in trouble.

That would be a concern, but can't be done, its like saying we are going to put up income tax from 5 years ago, you owe us X thousand of pounds! Cant be done

: Thu Apr 02, 2009 11:10 am  

Saint Simon wrote:

That would be a concern, but can't be done, its like saying we are going to put up income tax from 5 years ago, you owe us X thousand of pounds! Cant be done

It can be done. Tax can be collected from up to 3 tax years in arrears.(It maybe more)

Look at the date in was in the Guardian, so it may not be 100% true.

: Thu Apr 02, 2009 11:23 am  

Rogues Gallery wrote:

Look at the date in was in the Guardian, so it may not be 100% true.

That was my first thought