UK tax stance on overseas sports stars "absurd": Olswang
Head of tax disputes at law firm Olswang brands foreign sportspeople being taxed more than they earn while competing in the UK as an "absurd" situation
A top tax lawyer has labelled the UK’s stance on foreign sports stars as ”
absurd”, in the wake of sprinter Usain Bolt snubbing an invitation to race at a
big money event at Crystal Palace.
Hartley Foster. head of tax disputes at law firm Olswang, wrote a letter to
FT citing the 100m star’s decision not to race as a clear sign that HM
Revenue & Customs’ stance needed to reviewed.
“That is clearly absurd,” said Foster.