New queries, issue 4259

Playing away?

I act for a young sportsman who has earnings from his employment with the club that he plays for as well as personal earnings from advertising and appearances at events unconnected with his employment.

I am wondering whether a company should be formed to deal with this but my more immediate problem is that a very substantial payment was made by my client during the year ended 5 April 2010 from his personal business account.

When I queried this payment with him he explained that certain allegations had been about to be made against him by a female acquaintance.

He assures me that these were unfounded but rather than take no action and allow these allegations to become public and then become embroiled in potential legal wrangles he decided to make a payment to her on the condition that these were not disclosed to the...