
Janek may see tennis champions raised Wimbledon Awards this summer – but their victories come with a tax bill charged with more than one million pounds each of them, according to the main tax experts.
Blake Ruthenberg’s audit, taxes and advisory work has warned that although tax residents are not in the UK, both the Italian individual men and women’s women winners will face significant tax obligations on their profits in the United Kingdom.
Robert Salter, director of Blake Rothnberg, explained that although players may not live in the United Kingdom, the Wimbledon prize money costing 3 million pounds is still tax under HMRC, along with elements of their commercial income.
“Wimbledon will be obligated to operate the deduction tax, at a fixed rate of 20 %, on the prize money they pay for these stars,” Saltter said. “However, taxes will eventually be imposed on Jannik Sinner and Iga Swiatek in the UK at the highest rate of 45 % on their profits – that is, permitted commercial expenses that can be deduced.”
In addition to their prize profits, part of the image rights of each player may fall under the UK Tax Network, as HMRC considers that this is partially obtained from its presence and its accent during the tournament.
Silter added that although the International Tax Law gives HMRC a clear legal basis for imposing taxes on non -residing athletes on the UK profits, the UK regime remains one of the lowest sports stars.
He said: “Many countries – including Germany – are known for a more generous tax treatment for traveling athletes.” “The relatively UK punitive regime has previously raised stars such as USAIN BOLT and Rafael Nadal from participating in some UK events, due to the financial impact.”
However, Wimbledon is still one of the most prestigious events in the global sports calendar, and his profile continues to attract first -class athletes despite the associated tax burden.
While organizers benefit from unparalleled vision and global recognition, players are left to weigh the cost of glory against their HMRC bill. For heroes like Sinner and Swiaatek, the Grand Slam title may be invaluable – but the tax man still takes a big share.
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