The proposed changes will mean that income from sporting testimonials and benefit matches for an employed sportsperson will be chargeable to tax, and liable to employee and employer NICs. This treatment will be subject to an exemption of £50,000 of the income received during the testimonial year, except where there is a contractual entitlement or customary right to the sporting testimonial or benefit match.
The changes will affect employed sportspersons who receive income from a sporting testimonial or a benefit match and independent testimonial committees which may have to operate Pay As You Earn (PAYE), and deduct employee and employer National Insurance contributions (NICs) on income from a sporting testimonial or a benefit match for a sportsperson.
The final deadline for submissions on the proposals is next Wed 3 February. The Alliance has been working with members from governing bodies and player associations over the past year on this issue but it remains important that all sports organisations and individuals that are likely to be affected by the changes are aware of and respond to the consultation.
We welcome the publication of the Department for Culture, Media and Sport Select Committee’s “Game On: Community and School Sport” report, which identifies a series of recommendations to government to strengthen grassroots sport and physical activity.
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The Sport and Recreation Alliance is delighted to confirm appointments to the National Governing Body (NGB) Coalition Management Committee, alongside existing NGB Coalition Division Chair, Ralph Rimmer OBE, and Deputy Chair, Jack Baker.
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The Sport and Recreation Alliance is delighted to welcome Justine Baynes to the Board to fill a casual vacancy.
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