British Tennis Forum - Celebrating 20 Years!

Coup Droit · Tennis legend

Tax on Prize Money, and sponsorships etc

emmsie69 · Masters Series Champion

Coup Droit wrote:
There's been quite a lot of hoo-hah about everyone wanting to play in Germany as opposed to the UK, because of the different fiscal regimes for prize money, and sponsorships etc
This gives an overall summary:
https://www.msn.com/en-gb/money/other/tennis-stars-play-in-germany-instead-of-uk-because-of-high-taxes/ar-AA26rHdX?uxmode=ruby&ocid=edgntpruby&pc=U531&cvid=6a3cdeeba4ef4b68b8632d3d51d9780f&ei=63

Never say never but it's highly unlikely to change for a few more years.

JonH · Tennis legend

Coup Droit wrote:
There's been quite a lot of hoo-hah about everyone wanting to play in Germany as opposed to the UK, because of the different fiscal regimes for prize money, and sponsorships etc
This gives an overall summary:
https://www.msn.com/en-gb/money/other/tennis-stars-play-in-germany-instead-of-uk-because-of-high-taxes/ar-AA26rHdX?uxmode=ruby&ocid=edgntpruby&pc=U531&cvid=6a3cdeeba4ef4b68b8632d3d51d9780f&ei=63

Thanks Cd - Id never realised it was 45 v 15, that is massive. And it seems part of the reason we lost the tour finals from here.