If you are running a league or competition, you must be aware of not only your own tax issues but those faced by clubs and players taking part in the competitions and the league’s commercial partners.  As a league you must be careful to structure your activities to ensure you maximise the tax deductions available against income. 

• You must structure commercial packages in a tax efficient manner to encourage and maximise revenue. 
• You must also pass on revenue raised to clubs with minimal loss to tax. 
• Finally you may also see a role to encourage or enforce a standard approach to tax issues amongst your member clubs on issues such as disclosure in the accounts, tax efficient provision of services such as medical care schemes or collective discussions with the Inland Revenue on matters of common interest. 
  

We are able to consider these diverse demands and advise leagues and competitions on the appropriate course of action.