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Baldock Fee And Agard


Aussie

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The total fees paid & received have to be in the accounts statement at the year end.

If you know some prices paid & received, you can work out the undisclosed figures.

Only indirectly and individual transactions won't be discernible. Remember, some inputs/outputs fall due outside the reported period, some are written off.

It's an FA requirement that where the value of a contract has no fixed value then it must be reported as such (undisclosed.) There are advantages to this (limiting tax liabilities until they arise, avoiding some liability altogether and occasionally there are instances where either agent or player doesn't wish the other to know the potential value of the life of the contract.)

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