Track News

British tax ease could lure Bolt and others to compete at 2014 Commonwealth Games

LONDON, England (CMC) — The British government on Thursday announced it would relax stiff income tax rules for the 2014 Commonwealth Games, a move that could lure Jamaican sprint sensation Usain Bolt and a host of top-tier athletes to the Glasgow showpiece.

Under British law, non-residents are required to pay a 50 per cent tax rate on their appearance fee and also cough up a quantity of their worldwide endorsement income. Read more>>

Source: Jamaica Gleaner


About the author