UK Treasury Committee asks HMRC to examine tax fallout from Manchester City probe
The Treasury Committee has written to HMRC seeking clarification on possible tax consequences of the Premier League’s findings against Manchester City, which the club plans to appeal.
The Treasury Committee, led by Dame Meg Hillier, has formally requested information from HM Revenue and Customs about the tax implications of the Premier League’s investigation that found Manchester City guilty of serious financial rule breaches. In the correspondence, JP Marks, HMRC’s permanent secretary, is asked whether the department has received an unredacted copy of the league’s report and to confirm its awareness of the public interest involved.
Hillier also seeks a summary of HMRC’s current work concerning football clubs and any common tax issues identified. The club has denied the allegations and must submit an appeal by Friday, October 2, while HMRC’s reply is due by Thursday, October 15. The Premier League case was triggered by hacked internal emails disclosed in 2018, which suggested undisclosed payments to former manager Roberto Mancini.
Why it matters
The inquiry could determine whether Manchester City owes additional taxes, affecting club finances and tax policy for football clubs.
In this story
Related stories
7 in this thread