Joined: Mar 01 2002 Posts: 10969 Location: Bradbados
I think we all understand the idea of "investing" in just about any sport is mainly about gifting money to your favourite club, but I wonder if there is a tax difference?
If you wish to give the club n£ per annum it's no different from buying super (extra super?) expensive gifts for someone out of your own, tax paid, income, but if you say it's an investment, no matter how wild, then it's not a gift but a business deal and would that not convey any tax advantage?
Whenever you find yourself on the side of the majority, it is time to pause and reflect. Mark Twain
You cannot post new topics in this forum You cannot reply to topics in this forum You cannot edit your posts in this forum You cannot delete your posts in this forum You cannot post attachments in this forum
