Home > International, Tennis, United Kingdom > Advantage Tennis Players

Advantage Tennis Players

via Wikipedia

Some professional athletes do care about taxes.

The Lawn Tennis Association is the national governing body of tennis in Great Britain. Earlier today, LTA CEO Roger Draper said he was pleased that today’s Budget announcement contained an amendment to the rules governing how global sponsorship winnings of foreign (non-U.K.) players are taxed.

The amendment called for the inclusion of training days in the calculation for the proportion of endorsement winnings to tax. The tax had been based on the number of U.K. tournaments players participate in in proportion to the total number of tournaments played during the year.

Because of the previous formula, Rafael Nadal had decided to not play at the 2012 Aegon Championship at Queen’s. We should expect Nadal to appear in more U.K. tournaments going forward.

  1. No comments yet.
  1. No trackbacks yet.

COMPENSATION DISCLAIMER: Please note that Taxes in the Back has financial relationships with some of the merchants mentioned here. Taxes in the Back may be compensated if consumers choose to utilize the links located throughout the content on this site and generate sales for the said merchant.