Nice idea but wholly wrong.
Now let us imagine that each of these players had won the £1.1 million prize money and dutifully carried it home for the inspection of the local taxman in his own country. It is a stunning fact that Britain’s Andy Murray would have faced a more vicious fiscal clobbering than virtually anyone else at Wimbledon.
Spain had three players in the last 16, including Rafael Nadal. In spite of his country’s enormous budgetary problems, Rafa would have paid less than Andy – 47 per cent; and the Spanish got rid of their patrimonio, or wealth tax, two years ago. Moving down the tax rates, we come next to Australia’s Bernard Tomic, who faced a bill of 45 per cent. The three French players were going to be hit for 40 per cent tax – mais oui. We used to think of France as a much higher tax economy than our own, where people were bled white to pay for their trains to go at tres grande vitesse; now their top rate is fully 10 points lower than our own. The American Mardy Fish and the Argentinian Juan Martin del Potro were facing bills of only 35 per cent.
For, you see, foreigners doin\’ sportin\’ stuff in the UK pay UK tax in the UK:
Foreign athletes and entertainers performing in the UK are subject to UK tax on tournament prize winnings, appearance fees, and other sports-related income earned in the UK. They are also taxed on the UK proportion of their worldwide endorsement income.