A Solicitors' Practice for Sport
Player remuneration is a hot topic for both employers and employees. With higher rates of taxation in the UK the importance of how players’ and athletes’ remuneration is structured has grown over recent years.
Players are now able, in some cases, to generate remuneration through salary sacrifice arrangements, off-shore pension payments and/or image rights agreements. As far as employers are concerned, Employment Benefit Trusts (EBTs), together with other schemes are increasingly prevalent.
As the market becomes more sophisticated, tax specialists are able to develop tax saving schemes for capital gains tax, SDLT and for individuals’ income losses. However, these schemes need to be rigorously compliant with the law.
We at FrontRow Legal have excellent contacts and relationships with specialist tax accountants to enable sports participants to maximise their disposable income within a tightening legal and taxation framework.
Our dedicated Office Support Team are always on hand to assist clients with any general aspects relating to FrontRow.
Tel: 0113 426 0001
Fax: 0113 298 7400