New Arrival Tax Essentials for Sports Professionals

Tax Essentials for Sports Professionals

Name: Tax Essentials for Sports Professionals
Brand: Bloomsbury Professional (formerly Tottel Publishing)
SKU: 9781526525598
Price: 630.50 HKD
Availability: InStock
Author: Sofia Thomas; Nick de Marco KC
ISBN: 9781526525598

Edited by Sofia Thomas · Nick de Marco KC

New Arrival Bloomsbury Professional (formerly Tottel Publishing) April 2026

Specifications

ISBN-13: 9781526525598
Publisher: Bloomsbury Professional (formerly Tottel Publishing)
Publication: April 2026
Format: Paperback
Jurisdiction: U.K. ? Countri(es) for reference only

Details

The way that personal tax applies to professional sports people is incredibly nuanced and there is currently no book that brings together all of the idiosyncrasies that apply specifically to sports people.

Agents, sports lawyers and sports professionals themselves are acutely aware of the implications of entering into improper tax schemes or even just failing to be compliant. There is a tangible shift in how professionals who support athletes approach their taxes. The industry is more alive now to improper tax investments and the devastating impact that this can and does have on their clients.

With this book, professionals will be able to dip into the sections they require and use the content to support their work and ensure they are providing holistic advice to their clients. The book will include real life overviews, case studies and flow charts and tables to make the information as digestible as possible. It is broken down into sections, focusing on all major sports.

1. General Principals in Personal Tax; 1.1 The importance of getting this right; 1.2 Common Tax Traps; 1.3 Jurisdictions of UK tax; 1.4 Residence and non residence; 1.5 HMRC powers; 1.6 Treatment of non residents in the UK; 1.7 General tax exemptions for athletes; 2.
Football & Rugby: 2.1 Pre Professional; 2.1.2 Qualifying expenditure; 2.1.3 Scholars & the salary jump; 2.1.4 First £100k; 2.2 Professional; 2.2.1 International loans; Dutch & Belgian Football Loan Case; 2.2.2 Domestic loans; 2.2.3 Pensions cap; 2.2.4 Agents' fees; 2.2.5 Image rights companies; Hull City AFC (Tigers) Ltd v Revenue and Customs Commissioners [2019] UKFTT 227 (TC)); Sports Club plc v Inspector of Taxes [2000] STC (SCD) 443; 2.11 Tax efficient investments (EIS, SEIS); 3.
Golf & Tennis & Boxing: 3.1 Pre professional; 3.1.1 Setting up a trade; 3.1.2 When to notify HMRC; 3.2 Professional; 3.2.1 Tax on tournament winnings; 3.2.2 Qualifying expenditure; 3.2.3 When/If to set up a company; 3.2.4 Image rights companies; 3.2.5 Tournaments overseas (for UK residents); 3.2.6 Tournaments in the UK (for non UK residents); 4.
E-sports: 4.1 Pre professional; 4.1.1 Setting up a trade; 4.1.2. Under 16 earnings; 4.2 Professional; 4.2.1 Twitch, Patreon and Paypal donations; 4.2.2 Tournament winnings; 4.2.3 Qualifying expenditure; 5.
Athletes: 5.1 Pre professional; 5.1.1 Athletes Performance Award; 5.1.2 Setting up a trade; 5.2 Professional; 5.2.1 Citizenship & residency; 5.2.2 Major events (Commonwealth Games, Olympics); 6.
Post pro career: 6.1 Closing down or continuing IRCs; 6.2 Second career; 7.
Pundits: 7.1 General Principals; 7.2 Tax position; 7.3 HMRC enquiries; 7.4 Cases; Basic Broadcasting Ltd v HMRC [2022] UKFTT 48 (TC); McCann Media Ltd v HMRC [2022] ULFTT 104 (TC); 8.
Supporting Materials: 8.1 Residency & Domicile – flowchart; 8.3 First year over £100k – Checklist; 8.4 First Commercial deal – Checklist; 8.5 Image Rights Company – Flow chart; 8.6 Image Rights Company – Checklist; 8.7 Responding to HMRC enquiry – Sample Letter