The Premier League's top earners - including Chelsea's John Terry and Frank Lampard, Liverpool captain Steven Gerrard and Manchester City pair Robinho and Carlos Tevez - will be hit hard by the new tax rate, reports fourfourtwo. The England trio are among those who will be most affected by the new 50 percent tax-rate which is set to be introduced in 2010, according to ACCA (the Association of Chartered Certified Accountants).
Chelsea skipper Terry - who earns £151,000 a week - will see an extra £770,200 taken out of his annual salary while team-mate Lampard will be £765,000 out of pocket.
"Professional footballers might get well paid, but they make a huge contribution to the tax intake as well," Chas Roy-Chowdbury, ACCA's head of taxation, said.
The rate will affect up to 350,000 UK residents as the rate applies to all salaries above £150,000.
The Premier League's top five earners (wages/how much extra they will pay):
Robinho (Man City): £160,000 per week - £817,000 tax
Carlos Tevez (Man City): £140,000 p/w - £713,000