Sports Sector
Our clients in the sports sector lead high-pressured lives and need the reassurance of knowing their financial affairs are in safe hands. No two clients in this sector have the same requirements, so we offer a carefully tailored service to suit your individual needs.
With retirement generally coming earlier for our sports clients, future-proofing your finances is key. It’s best to work with us to establish the correct structures at the earliest opportunity for maximum financial benefit.
We become part of our clients’ teams and work seamlessly with other advisers. Our experts work with other professionals such as lawyers, bankers and agents to structure and run your affairs smoothly.
Our team also looks after clients in other areas of the sports industry, such as agents and merchandise.
We negotiate with HMRC in relation to tax enquiries which often focus on agents’ fees, image rights and foreign tax credit relief. We’ll ensure the process is as straightforward for you as possible.
Many of our sports clients, footballers in particular, need to establish an image rights company. This is an area that has attracted considerable interest from HMRC and careful planning is essential. We are well aware of the sensitive areas HMRC focuses on and plan accordingly.
We assist our clients and their families with establishing businesses which run alongside their careers. This is usually connected with property investments which operate in conjunction with pension and wealth planning arrangements.
Our team acts for our sports clients throughout their careers and beyond. We’re often heavily involved with long-term financial planning. Many of our clients will accumulate considerable wealth and our advice covers inheritance tax and wealth planning. The close relationships we develop with our clients means we are often appointed as trustees and executors.
Services
Personal tax
We can take care of all your compliance issues, including preparation of tax returns and planning to minimise your UK and overseas tax liabilities. We offer tax planning for investments, pensions and wealth planning, including wills and other trusts where appropriate. We also represent clients in HMRC enquiries.
Personal financial planning
We’ll liaise with you and your financial advisers to secure the best financial outcome/optimum tax position on your investments.
International advice
Through our membership of the Leading Edge Alliance, we can provide expert cross-border advice if your career involves international tax.
Company structures
We can advise on and create the most effective, tax-efficient structure for you. If you need advice on a global basis, we can provide this through the Leading Edge Alliance.
VAT
We have a wealth of experience in dealing with investigations with HMRC and have secured excellent outcomes for our clients.
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