Wednesday, 8 September 2021

Cristiano Ronaldo doesn’t have to pay income tax at Manchester United

By db-admin

DBasia.news – Manchester United striker, Cristiano Ronaldo, received good news after choosing to return to Old Trafford. The 36-year-old player has the opportunity to not have to pay income tax.

Ronaldo came to Manchester United for the second time. This time, he joined from Juventus. The Red Devils spent 20 million euros to bring n iCR7.

Manchester United also tied Ronaldo with a two season contract. The contract also includes an extension clause for one more season.

Ronaldo admitted that he deliberately chose to return to Manchester United. Previously, he also received an offer from Manchester City.

Ronaldo is beaming as he has the opportunity to not have to pay income tax. According to the Italian Financial Times report, the UK government is currently implementing the Res-Nom-Dom regulation.

That way, Ronaldo as a foreign worker who is not domiciled in the United Kingdom can receive income tax liability for seven years.

When playing at Juventus, Ronaldo also received tax breaks. As the Italian government implements a policy of a fixed amount of tax every year.

Ronaldo only has to pay 100 thousand euros per year for foreign income feed. This value is small for Ronaldo’s salary which reaches 31 million euros. In fact, when playing for Madrid, Ronaldo spent 19 million euros to pay taxes.

Spain is one of the countries that has a high value on taxes. Lionel Messi, Angel Di Maria, and Jordi Alba are a number of footballers who have been involved in tax problems in Spain.

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