Thread: Usain Bolt and the taxman
View Single Post
Old 13-07-2010, 20:54   #1
gazzae
Inactive
 
gazzae's Avatar
 
Join Date: Jun 2003
Location: Belfast
Age: 46
Posts: 4,594
gazzae is cast in bronzegazzae is cast in bronzegazzae is cast in bronzegazzae is cast in bronze
gazzae is cast in bronzegazzae is cast in bronzegazzae is cast in bronzegazzae is cast in bronzegazzae is cast in bronzegazzae is cast in bronzegazzae is cast in bronzegazzae is cast in bronzegazzae is cast in bronzegazzae is cast in bronzegazzae is cast in bronzegazzae is cast in bronzegazzae is cast in bronzegazzae is cast in bronzegazzae is cast in bronzegazzae is cast in bronzegazzae is cast in bronzegazzae is cast in bronzegazzae is cast in bronze
Usain Bolt and the taxman
What do you think about this? Usain Bolt isn't running in the UK as it would cost him more in tax than he can earn in prize money.
Apparently as well as paying tax on his prize money he would also be forced to pay a proportion of his world wide earnings.

Apparently this stopped Wembley getting the 2011 champions league final and they only got it for 2012 as they put in an exclusion to this tax.

Could this stop top sportsmen/women competing in the UK?

http://www.guardian.co.uk/sport/2010...t-london-taxes
gazzae is offline   Reply With Quote