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London, July 10 Xinhua News Agency Reuters Sports Title: UK income tax authorities focused their attention on athletes.Serbia’s Novak Djokovic who love with four innings last weekend, worked hard to beat defending Spanish La Liga Football Shirts Wholesale champion Rafael Nadal, Wimbledon two weeks a perfect ending. While all eyes are Novak Djokovic this internationally ranked professional tennis men’s singles first attracted new world, the past few days locked in the British tax authorities, but goes up to 110 million pounds in prize money checks.While this year’s Wimbledon prize money record high, but Djokovic really get our hands on, that is, 5 percent more. Because, according to the UK tax rules for such groups as the football program, the income is tax-free athletes, while tennis, golf and other personal items, the athlete’s income to tax, and the proportion not low. In addition to prize money to pay tax, the UK tax department also detailed breakdown of the athlete’s sponsor contracts, model releases, advertising revenue, collect taxes in accordance with different proportions, so that a player but to himself as “tax cows.”
Tax pressure, which caused many athletes at sporting events in Britain at arm’s length. For example, last You Seen – Bolt on so out of the London Diamond League race, the “100 meters night” did not consider themselves British tax officials how to run fast.Current UK tax regulations hamper the objective to some of Britain’s top athletes participating, in order to change this situation, some event organizers to discuss with HM Revenue & Customs’ back door clause. ” But in addition to forces outside t Barcelona Football Shirts Wholesale he huge football — This is the Champions League final to be elected this year in London’s Wembley Stadium important reason – the progress of a handful of other sports.
However, a further 300 days, London will host the biggest sporting events in the Olympics, when almost all the sports stars will gather in the Thames performed, but also bring tremendous business opportunities. In order to clarify this part of the tax, so that each pound is “particle positions,” the British tax authorities have developed a special “Olympic clause.” And as early as seven years ago when London bid to host the 2012 Olympic Games, the organizing committee told the IOC that London, the British sports stars do not face severe tax legislation.British tax authorities Fangchuhualai, in the Olympic Games is currently only Adidas and Visa credit card and other limited activities of several top official sponsor of the relaxation of tax policy, the rest of the tax another operator. Take Jiaoke Wei Qi, the end of June next year he has to swing at the defending Wimbledon, when ultimately pay taxes. Just weeks after the end of Wimbledon, on the same site, he is likely to play for Serbia Real Madrid Football Shirts Wholesale but also the impact of the Olympic gold medal. In this stage, the right to use his image can be tax-free, for attending the event sponsor to pay the tax, but a sub-child less.
Given by the UK tax authorities’ Olympic terms, “those who make propaganda for the Olympic Games commercial contract it touches will be exempt. For example in a television program mentioned in the Olympic athletes who lo , they can be part of the proceeds of this tax-free, but if you did not say “Olympic” word, then I’m sorry, one pound of tax Less pay.