Professional Footballers (Transfer)

HC Deb 07 March 1972 vol 832 cc269-70W

27. Mr. William Price

asked the Chancellor of the Exchequer whether he will seek to impose a tax on the transfer of professional footballers.

Mr. Maurice Macmillan

The part of a transfer fee paid to the player is already liable to income tax and surtax, and the part paid to the club is liable to corporation tax.