Effective Tax Services for Sports People

Major changes have been announced for those earning £150,000 or more in the latest Budget.

The main change which will have a significant effect on all sports professionals is the increase of effective tax band rate from 40% to 50% on annual income of £150,000+ effective from April 2010.

This will in turn lead to sports professionals looking for alternative tax-efficient methods in order to mitigate the level of taxable income. Those earning over this amount as well as under £150,000 should consider careful tax planning as the first step towards receiving the most out of their earnings.

We can assist and provide advice on the following;

• Financial Planning
• Wealth
• Image Rights
• Pension schemes
• Offshore Services
• Tax Returns

Those due to be affected by this change should consider taking early advice in order to ensure that they maximise on tax saving opportunities.

We have established numerous tax efficient structures and strategies for high earners for a number of years by carefully examining their requirements and preparing relevant tax efficient solutions.

To find out how our services could be of benefit to your clients please contact Mike Conroy mike[at]atcsolutions.com our Senior Tax Advisor and he would be pleased to discuss your requirements further.