BIM50670 - Athletes: Lottery Sports Fund Athlete Personal Awards: Sporting costs

Professional sports person

In the case of a professional sports person, such payments (see BIM50655) should be treated as income of the profession. The related expenses may be deducted in computing the amount of profits chargeable under Cases I/II Schedule D. See BIM50620 (and BIM42105) for guidance on what expenses are deductible.

Amateur/hobby activity

The reimbursement by the Sports Council of expenses laid out on sporting activity by sports persons who are also in receipt of Sports Council living cost awards will not in itself give rise to a source of taxable sporting income, (see BIM50665).