Andre Agassi has lost the final set of his epic legal battle over the
taxation of sponsorship income.
Agassi had disputed revenue attempts to tax sums paid in sponsorship, which
never passed through UK sources, but which were paid in part as sponsorship for
the player when he played on UK soil.
Judges voted four to one in favour of the Revenue in the Lords today.
Mike Warburton, of Grant Thornton, said the decision was ‘disappointing’,
adding that the government would collect slightly more in revenue as a result,
and avoid paying out a total of £500m to visiting stars like Beyonce and Agassi
retrospectively in respect of taxes already paid.
Crowe Clark Whitehill , the top 20 accountancy firm, has announced the promotion of Chris Mould to partner
The latest opinions from Accountancy Age on Making Tax Digital, and outline plans to evolve the UK's corporate governance regime
Five million taxpayers are ow using digital personal tax accounts (PTA) as part of the making tax digital strategy, HMRC said
UK-based non-doms have paid ten times more tax than the average taxpayer, raising concerns over the Brexit impact on non-dom contributions and therefore, the economy