Taxation logo taxation mission text

Since 1927 the leading authority on tax law, practice and administration

Media and sports stars’ tax obligations

29 April 2024 / Mohammad Uz-Zaman
Issue: 4934 / Categories: Comment & Analysis , image rights , sport , tax advice , Income Tax , VAT
169483
Fame and fortune

Billions of pounds are pouring into the sports arena and media industry like never before. For the elite stars of these sectors fame and fortune awaits. One big move for a footballer can make them financially secure for life. Likewise online influencers – often the friendly face of major brands’ products and services – can charge huge fees for endorsements shared by their legions of followers.

Whether they are an elite athlete or an influential media personality the digital era presents an incredible commercial opportunity for the individual their employer and their agents.

The internet has become the biggest disrupter to humankind with its impact on economic political and social structures. It offers a global marketplace for ideas products services and culture. For the first time in human history every single person with an internet connection can buy sell ...

If you or your firm subscribes to Taxation.co.uk, please click the login box below:

If you are not a subscriber but are a registered user or have a free trial, please enter your details in the following boxes:

Alternatively, you can register free of charge to read a limited amount of subscriber content per month.
Once you have registered, you will receive an email directing you back to read this item in full.

Please reach out to customer services at +44 (0) 330 161 1234 or 'customer.services@lexisnexis.co.uk' for further assistance.

back to top icon