BIM50601 - Athletes: General
The following guidance concerns athletes resident in the UK.
Employees
Cricketers, footballers, rugby players and the like are employees of the club for which they play. They may, however, receive other income of the kind described in BIM50600 and its subsidiary pages. Inspectors should always consider whether the income is properly chargeable as employment income before agreeing a computation that taxes the income as trade profits.
Other Sports; trade and miscellaneous income
BIM50600 and its subsidiary pages deal specifically with athletes. However, the guidance may help Inspectors dealing with other sportsment to consider whether:
- there is a trade, profession or vocation as opposed to a purely leisure pursuit or hobby, see BIM50605,
- a receipt is trading income, see BIM50610 and BIM50615,
- a particular expenses is an allowable deduction, see BIM50620,
- a receipt is assessable under the miscellaneous income provisions of part 6 chapter 8 of ITTOIA, see BIM50630.
