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Financial Fitness

Tax efficient investments for Athletes

Tax efficient investments for Athletes. As professional athletes in the UK enjoy success and significant earnings, they must also focus on securing their financial future beyond their sporting careers. One crucial aspect of achieving long-term financial stability is optimizing tax efficient investment strategies. Fortunately, UK athletes have access to various tax-efficient wrappers that can help them minimize tax liabilities and…
David Gregory
August 3, 2023
Financial Fitness

Looking After the Health of Your Wealth

Looking After the Health of Your Wealth. It’s great that you’re mindful of your physical health. Now imagine the impact it’d have on your life if you also took similar care of your wealth. With the right support, you can make sure you’re in great shape in that way too. How to keep your finances as healthy as your body…
David Gregory
August 1, 2023
Financial Fitness

Difference between Playing and Commercial Income in football

Understanding the Difference Between Playing and Commercial Income in Football. This article aims to provide a comprehensive understanding of the difference between playing and commercial income in UK football, with a focus on image rights. It explores the legal structures, tax considerations, and the potential benefits of setting up image rights companies (IRCs) for footballers. In the realm of professional…
David Gregory
June 19, 2023
Financial Fitness

Utilising Limited Company Structures for Racing Car Drivers

Professional racing car drivers in the UK can utilise limited company structures to manage their winnings and sponsorship income efficiently. By establishing a limited company, drivers can benefit from various tax advantages and have greater control over the distribution of their income. This article will outline the process of setting up a limited company and discuss the tax benefits associated…
David Gregory
June 9, 2023
Financial Fitness

Financial Planning for Professional Sports Athletes: A Comprehensive Guide

Financial planning plays a crucial role in the lives of professional sports athletes, particularly those between the ages of 16 to 30. As they navigate their careers, athletes must ensure their wealth is effectively managed, considering various factors such as investment strategies, sponsorship income, retirement planning, tax planning, endorsements, and the use of limited companies to house image rights and…
David Gregory
June 7, 2023
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