Tag Archive | "Jose Mourinho"

Jose Mourinho Guilty of Tax Fraud

Things might not be going well on the pitch for Man Utd boss Jose Mourinho…and now off the pitch…even worse!

That is because he has just been found guilty of tax fraud by Spanish Authorities.

“Guilty!” The Spanish judge shouted as he or she slammed down that hammer in a Madrid Courtroom.

I reported about all of this a long time ago if you remember. In those blog posts I speculated about the possible guilt of Mr Mourinho, while also mentioning that all of this could have been avoided if he used reliable accountants from Contractor Accountants.

It’s possible Jose has now found our website and is keeping his nose clean with UK authorities, but that still doesn’t change the fact he now has to face up to his past crimes.

So what is going to happen with Mourinho? Will he be deported to Spain and then sent to a Madrid Jailhouse to serve time for doing the crime?

Will he become the manager of the Madrid Prison Football Team and turn those bunch of convicts into “special ones?”

Actually no. And in fact, he won’t even have to spend a single night inside a Spanish slammer…or an English slammer…or any kind of slammer.

Why? Because although Jose was found guilty and sentenced to a 1 year prison sentence, his sentence has been suspended, which means as long as he stays on the straight and narrow then he won’t have to spend any time behind bars.

If reports are true and he is indeed using a contractor accountant to do all of his books now, then I reckon he is going to be just fine.

Just like the ordinary contractors in the UK. You might not sit in the dugout at Old Trafford and you might not walk out of press conferences with a “monk on” – but as long as you have a contractor accountant by your side then you won’t ever find yourself on the wrong side of the law.

Back to the story, and it looks like Jose defrauded the Spanish tax man or woman of a cool £2.9 million pounds, although it has yet to be confirmed whether or not he will have to pay that money back.

I’m sure Mourinho wouldn’t mind having to write out a cheque, as he is used to paying out large amounts of money and then not seeing much in return.

Anyway, Jose Mourinho can now focus all of his attention on getting Manchester United back to the top of the league, and you, the UK contractor, you can focus all of your attention on hiring a contractor accountant, right here.

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Jose Mourinho Denies Tax Allegations

Another week and another person who has been accused of tax avoidance, this time it’s the turn of Manchester United manager Jose Mourinho.

It didn’t happen while he was in the UK as the boss of Chelsea and Manchester United though. Instead, the allegations have been made by Spanish authorities, who claim that Jose and his advisers, while manager of Real Madrid, made up a shell company in the British Virgin Islands in order to funnel money away from Spain.

The agency who represent Jose Mourinho have denied any wrongdoing, and in a statement released this week they have portrayed the Portuguese manager as a model citizen while in Spain, who paid his taxes and never broke the law.

This statement claims that Mourinho paid 26 million Euros in tax while living in Spain, with an average tax rate of around 41%.

So it looks like Mourinho is denying any wrongdoing, and that he was just a employee in Spain during that time who did his job and paid his taxes. Kind of like the majority of contractors and freelancers here in the UK. Just getting on with business while at the same time making sure the HMRC are paid their dues.

Needless to say, I think that Jose Mourinho will have a good accountant, both in Spain and here in the UK, and it wouldn’t surprise me if they eventually find him completely innocent.

Can the same be said about Cristiano Ronaldo though, who played for Mourinho at Madrid and still plays in the Spanish capital? Well, if reports are to be trusted, there are some claims that he could be facing a minimum of 6 years in jail due to being accused of something similar.

However, this seems to be a much bigger story, due to the fact that the Spanish government are saying it could be 150 million Euros that has been funnelled out of the country and into tax havens such as the British Virgin islands.

Who knows if this is true or not? At the end of the day, these are just claims that have been made, and while we are yet to hear from Ronaldo personally, his agency have issued a complete denial and have even published documents relating to his finances that they say prove his innocence.

Let’s wait to see what happens with this one, but it just goes to show that the government will go after anybody who they believe to be not paying taxes, even if it is a famous football player who is known around the world. They have no problem launching an investigation and even putting someone in prison if they find them guilty.

For most contractors here in the UK though, these kind of stories are interesting to read but far away from their reality. The majority of self employed professionals are more concerned with finding the right contractor accountant or making sure they keep accurate records of their finances.

Let’s not forget about the upcoming digital tax system, that requires the self employed to file 4 tax returns a year online. I’m sure many people in the UK are looking forward to that.

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