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News Article  | PSL

SAFPU Call For ‘Footballer Tax’

SAFPU Are Calling For New Tax Laws For Sports People

By Soccer Laduma - Feb 14, 2018 04:40 PM

The South African Football Players’ Union is calling for separate tax rules to be set up for those involved in sport.

SAFPU are tackling the problem as they look to find ways of making sure that players don’t retire with no money to their name, with sports people being hit with big tax bills despite their careers more often than not ending in their 30s or before. 

Read: Nedbank Suspensions - Four Ruled Out...

A statement from SAFPU read:

SAFPU has undertaken an initiative to challenge the status quo regarding the taxation imposed on sports people, and footballers in particular. The system is not fair to sports people even though they contribute millions in tax while they play the game.

The system forces them to retire with nothing. While other citizens in the country get their returns in a form of a pension fund which is a tool that does not exist in football, which is unfair and abusive on our part. We want a Special Sport Tax to be introduced to give footballers a comfortable exit like everybody else in the society, which will assist them for life after football.

This taxation system was not designed to cater for everyone and as a result, footballers are exploited... The system forces our sporting heroes to live in abject poverty when their careers come to an end and SAFPU is calling for a special tax dispensation in sports.   

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Comments

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shadae Joined: 26 Aug 2014
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shadae Feb 15, 2018 03:49 PM
i think this organisation is loosing the plot now, everyone is tax according to what they get,the less u earn the less they tax you so when get more.on part of exit is all about planning your investment those pension fund that you talking about is from both sides the employer and the employee made in good faith.so i thing this guys must thr search properly
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geenaro_wale_KHOSI_MANu Joined: 09 Feb 2014
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geenaro_wale_KHOSI_MANu Feb 15, 2018 01:14 PM
they are quite about Senzo Meyiwa's death
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Stupu Joined: 12 Feb 2018
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Stupu Feb 15, 2018 09:05 AM
Players must take responsibility for their own lives. Invest in themselves first by going to school,stop living a lie, respect their careers and investing for their retirement. Their priorities are screwed
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setlaboswana Joined: 20 Mar 2012
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setlaboswana Feb 14, 2018 09:37 PM
Let them try their luck. We all pay tax except a bomahlalela, @wash & wear, @Xolisa{khosificated}.
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Relebogilek Joined: 19 Oct 2017
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Relebogilek Feb 14, 2018 06:55 PM
soccer players can invest on properties unlike leave expensive lifes
5a70525269f09
Flash Mabuza Joined: 11 Aug 2017
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Flash Mabuza Feb 14, 2018 04:50 PM
That model won't work until players learn to save ...the problem is not tax but the slay queens who tax our naive superstars ...remember one moment you're hot ....in five minutes you're injured and clubless....

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