Contentious Tax Bulletin
Tax Investigations Partner, Andrew Park, provides a round up of the most recent and significant contentious tax news
Professional sports clubs
If you’re a business or individual situated within the professional sports sector, you can be assured that our accountants, tax advisers, and strategic team have the expert knowledge and resources to support you in excelling.
Each industry has its’ own financial and tax considerations. Our expert advisers have amassed many years of experience working across numerous sectors, of which we are able to draw on to ensure you receive practical advice that is relevant to you or your organisation.
We are more than your traditional accountants, and can support your organisation with:
- accurate and efficient annual accounts and tax returns
- implementing and reviewing business and accounting software, including Xero and QuickBooks
- a comprehensive range of employment law and HR services
- setting up and monitoring of key performance indicators
- international market development
- tax and VAT advice
- specialist corporate finance support for your entire business lifecycle
We can also offer individuals in the elite sports industry guidance regarding:
- investment management
- cash flow modelling
- pensions
- personal tax advice
Helping you overcome challenges and make the most of opportunities
The consumption of professional sports by society influences many people and plays an important role in encouraging individuals of all ages to participate in healthy activities. The sports industry as a whole is facing many challenges regarding a lack of funding and sponsorship combined with increasing costs. Moreover, many companies involved in organising and coordinating elite sports events have diminishing financial reserves.
Many are strained by the continuous launch of new offerings and the changing consumer expectations relating to influencer media campaigns. To stay ahead in this industry, organisations in this industry need to be unique, disruptive and should consider the different types of funding available to them.
Now, more than ever, having expert financial systems and advice in place is critical for businesses to stay competitive and thrive in this sector.
We can help
Contact us today to find out more about how we can help you
Read our insights here
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Read our Charities team discussion of key considerations for charities in order to manage their reserve funds effectively and ensure financial sustainability.
HMRC "nudge" letters
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