Sporting benefits

We have a UK resident client in full-time UK employment with an understanding and accommodating employer. He recently took part in the Olympic Games in China and won a medal in his event.

He is and has been for a few years in receipt of lottery money and UK sports money which because it is over and above living and equipment expenditure has been declared as self-employed earnings.

Our client is now expected to receive from a car dealer exclusive use (but not ownership) of a car for at least the next two years in return for sporadic appearances at events.

He believes this could be extended to other businesses that may be willing to sponsor him or to provide services or equipment probably in return for attendance at events and/or openings. He is also looking to enter into a contract with an agent to...