The rise of the IRPF takes away the dream of Spanish football

first_imgSome clubs have not made public the information of the current season, and that is why the table shows the figure corresponding to the annual accounts of the previous year, the 2018-19 season. In total, the increase of that 4 percent suppose 69 million to the clubs, figure that will rise when the data of the entities that are still to be reported are known. Then that LaLiga estimate of 80 million will be corroborated.According to calculations, the rise in personal income tax will affect 750 players. First and Second. In the highest category only between 3 and 5 percent have a salary of less than 300,000 euros. The minimum wage (SMI) in Primera is 155,000 euros. In Second, 75,000. In this category, most charge over 130,000 euros, but few exceed the barrier of 300,000, so they will apply a 2% increase and not 4%.But who should pay that 4%, clubs or footballers? In some cases they will be the entities and in others the players. The difference will be established by the contracts, if they collect the salary in net or do it in the rough. The clubs that pay in net will assume the payment of the raise. On the contrary, if the player who charges in the rough will be he who is harmed. Real Madrid, Barça and Atlético usually pay in net. Small clubs, raw.The type of contract that is becoming more common among players is agree a guaranteed minimum in net so that the rise in interest rates does not affect it.In Spain, The Autonomous Community that most taxes its high-income citizens is Catalonia, with 48% that will now become 52. The least, Madrid, with five points less, now rising from 43 to 47%.Let us explain the practical example of a soccer player who agrees to collect a net token of 10 million euros. His gross salary in Madrid would now be 14,300,000 euros. With the increase, whoever has agreed to collect in net will always receive those 10 million, taking charge Your club of that increase. On the contrary, whoever has agreed to pay his raw token will always charge the signed 14,300,000, but having to assume from his pocket that tax increase that will involve paying 400,000 euros more in the income statement, of 4,300,000 to 4,700,000.LaLiga, however, is already working on a strategy to minimize the effect of this fiscal measure. The income tax increase that he government plans to approve soon has in football alert Spanish. To clubs and footballers. Why that one 4% increase for incomes over 300,000 euros and 2% for those that exceed 130,000, it will mean Spanish football around 80 million euros.The Government plans to raise a total of 328 million euros Due to the income tax increase at the highest income. Much of that new tax will be paid by sport, which is where there are a greater number of workers with millionaire contracts. Alone those 80 million football accounts for 24.37 percent of the total expected revenue.The new measure, which can be approved at the first meeting of the Minister council of the Government, which will be on Tuesday 14, has alerted LaLiga, which this week sent a circular to all clubs warning of what is coming up. According to the forecast made by the employer, the impact will be 80 million, a pinch that can carry secondary consequences such as the escape of some soccer players or the readjustment of the budgets of the clubs, which in turn will review downward the future contracts of the players.Most clubs have made their budgets public for the current 2019-20 season. They can be seen on their websites in the Transparency Law section.The table that is attached under the heading ‘Expenditure on Workforce’ includes, in millions of euros, the figure that they included in the box ‘Expenditures for sports staff registered in LaLiga’.last_img read more