Major,major major Rant

pokerjoke

pokerjoke

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:rant:Got to get this off my chest.
Top atheletes will not have to pay tax on any appearance fees,or winnings
for the Anniversary games.
Usain Bolt will get £500,000 pounds appearance money.
Why the hell should these millionaires get a tax break.
God if there wasnt a time i want to swear.
The rich just get richer.
Im fuming,the working class are just getting screwed over.:rant::rant:
 
And they claim to be doing us a favour by raising the taxable income to 10k a year and over. To think, some below average footballers are on that a week.

As for your Usain bolt example, he wouldn't get taxed in this country anyway as he is a foreigner. It depends on his country of residence (not birth if that's different) and their laws but he may even get round those as it was wages earned in a foreign land
 
I am old enough to remember when nearly all athletes were amateurs.

It is a Country base tax thing. They would not turn up otherwise and then the event would probably not be held in the UK.
Think World Cup Fitba 2020.
 
BTatHome said:
If they didn't then the UK would not get any top athletics events (or the relevant stars) or football matches etc etc.
Click to expand...

I don't get that! Why would taxing our athletics 'stars' stop us from hosting a top athletic meet?
As has been said, Usain Bolt is a foreigner so wouldn't pay tax here anyway.

Appearance fees should be taxed for British Nationals, end of!
 
pokerjoke said:
True,but its the greed of these stars,holding us to ransom by saying they wouldnt come otherwise.
As with Drawboy i want to be on here next week so im being restrained.
Click to expand...

It's not really greed and they are not holding us to ransom. There are lots of lucrative athletics meets occurring all around the world and ones in the UK are nothing special. So if you say to an athlete, do you want to come to the one in the UK but you will be taxed to buggery, or go to others with as much, and often more prize money and not be taxed as much, then of course they will say no. Anyone would.

I'd say it's more our loss than theirs.
 
GMF1_zps4a83c9b5.jpg
 
In my view he is holding us to ransom.
He hasnt raced in Britain since 2009 because our tax rules would mean him giving up a share
of any appearance money or endorsments.
So we had to administer a "non resident athletes" exemption so he may appear.
"Positive negotiations" are ongoing.
What a load of baloney
 
I wouldn't worry. The sponsors are happy to pay the dosh to get the big names in. Look at the biggest circus of all F1. Costs millions to stage a grand prix and the all the hoopla that goes with it. People are still happy to part with the cash to see and be seen. I happen to think it is important to attract the biggest stars to the UK irrespective of the sport otherwise the youngsters of today won't have the opportunity to see them (live or TV) and become inspired
 
HomerJSimpson said:
I wouldn't worry. The sponsors are happy to pay the dosh to get the big names in. Look at the biggest circus of all F1. Costs millions to stage a grand prix and the all the hoopla that goes with it. People are still happy to part with the cash to see and be seen. I happen to think it is important to attract the biggest stars to the UK irrespective of the sport otherwise the youngsters of today won't have the opportunity to see them (live or TV) and become inspired
Click to expand...



Its not about worrying Homer,its purely the fact that as a working person i get taxed.
In facted everyone on here who pays tax should be angry.
If i earned £500,000 i would have to pay over £200,000 tax.
 
It's the same with anything the more you earn the more fiddles and tax scam/avoidance schemes there are. There are people that live and work in the UK and pay hardly any tax at all. Wasnt Ken Livingston paying less tax than the person that cleaned his office at one stage? Does not make it right but it's the way of the world and will never change.
 
Don't complain about there being a small number of large Golf, or any other sport, tournaments in UK then.

The relatively high tax rate at that level - and the inclusion of worldwide endorsements in the assessment rather than simply the income from the event, means that UK is an unattractive place to compete. On the basis that Tiger earns over $50M in endorsements, it would cost him tax on $1M to enter The Open! Likewie, Bolt erns something like £10M, so the equivalent of £200K/week would be 'taxable' on top of the income from the event.

And legitimate tax avoidance, as opposed to illegal tax evasion, is available to everyone. It's just not worthwhile for most of us.
 
Last edited:
I wonder who wouldn't have turned up for the Olympics last year if there hadn't been a tax break for them :ooo:

they are looking at applying for it for the Commonwealth Games next year in Glasgow
 
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