1) Tax Rules for Non-Resident athletes
Her Majesty’s Revenue and Customs taxes the earnings by overseas athletes from appearance fees and prize money at 50 per cent. It also taxes athletes on a proportion of their global endorsement income.
The number of days a foreign athlete spends training and competing in Britain in a year is divided by the total number of days the athlete trains and competes around the world. HMRC uses the figure to calculate the percentage of global income that is taxable.
2) PPV Price
UK PPV prices of $20-25 vs US PPV prices of $50-75, means that for every 1 PPV sold in the US, an equivalent 2 or even 3 PPV's need to be sold, to match the PPV revenue generated.
Are there any others?
Her Majesty’s Revenue and Customs taxes the earnings by overseas athletes from appearance fees and prize money at 50 per cent. It also taxes athletes on a proportion of their global endorsement income.
The number of days a foreign athlete spends training and competing in Britain in a year is divided by the total number of days the athlete trains and competes around the world. HMRC uses the figure to calculate the percentage of global income that is taxable.
2) PPV Price
UK PPV prices of $20-25 vs US PPV prices of $50-75, means that for every 1 PPV sold in the US, an equivalent 2 or even 3 PPV's need to be sold, to match the PPV revenue generated.
Are there any others?
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