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The exemplary behaviour of Team GB

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The exemplary behaviour of Team GB

On Nick Ferrari's LBC radio program this morning, he was comparing the behaviour of Team GB Olympic competitors with the largely appalling antics of professional footballers (and very occasionally cricketers as well to be fair)
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Re: The exemplary behaviour of Team GB

Maybe something to do with not being vastly overpaid 'professionals' (though I think some if them are now able to make some decent money from advertising / sponsorship deals).
Call me 'w23'
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RPMozley
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Re: The exemplary behaviour of Team GB

The Rugby World Cup springs to mind, for bad behaviour examples. (off the pitch though)
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Re: The exemplary behaviour of Team GB

Our competitors were exemplary and Team GB deserves a big pat on the back.  They also deserve a big thank you for  their hard work and their results.
tinto
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Re: The exemplary behaviour of Team GB

Quote from: w23
Maybe something to do with not being vastly overpaid 'professionals'

Well, I wouldn't disagree about their conduct but, if they're not vastly overpaid professionals, why did they need advice like this? 
http://www.sykesanderson.com/Service_Olympics/articles/olympic_personal_tax_exemptions.asp
wisty
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Re: The exemplary behaviour of Team GB

Too many athletes - to few paparazzi?
itsme
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Re: The exemplary behaviour of Team GB

Quote from: tinto
Quote from: w23
Maybe something to do with not being vastly overpaid 'professionals'

Well, I wouldn't disagree about their conduct but, if they're not vastly overpaid professionals, why did they need advice like this? 
http://www.sykesanderson.com/Service_Olympics/articles/olympic_personal_tax_exemptions.asp

Believe the above only apply to overseas competitors especially applicable to tennis players and top competitors like Bolt. Tennis have been asking for similar exemptions as Nadal did not play Queens this year as it would cost him more than he earn. It's because they are tax on all earnings pro rata and not just on earning gained when in the UK
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Re: The exemplary behaviour of Team GB

Yes you are right.  The ATP is having talks with the taxman to try to resolve it. 
tinto
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Re: The exemplary behaviour of Team GB

Quote from: itsme

Believe the above only apply to overseas competitors especially applicable to tennis players and top competitors like Bolt.

That's an intriguing question, does it only apply to top overseas competitors like Bolt?
Another lies around appearance money.which is now a feature in most non team sports.  Would they have competed in the Olympics if they hadn't received appearance money and/or tax breaks?   Given the £millions that were splashed out on the Olympics, that the tax deal was in place long before the Olympics started, and that most of the top competitors now have agents to look after their financial wellbeing, it's a reasonable question to ask,
With competitors like Andy Murray the situation is perfectly clear: he's a full time professional sportsman, going round the world, competing in tournaments for big prize money. with at least one full time coach, Ivan Lendl, who I'll bet isn't doing it just for love of the game or because he thinks Andy's a nice guy who needs a bit of help.  You can safely bet, no appearance money, no Murray.
Then you have competitors like Sir Chris Hoy, or Mo Farah, to name but two, also full time sportsmen equally successful in their fields, and who, if report are to be believed, will also become multi millionaires on the back of  their Olympic success.  Unlike Murray however, they are funded by the Sports Council, which in turn is funded by the tax payer, AKA the Government, and in effect they are public service employees, but with a difference, they're not subject to any financial restrictions, in fact if PM Cameron is to be believed, and I think for once he can be believed, their funding is to be increased.
This being the case, I still wonder about the Olympians tax breaks, let's face it the Government have previous for this.
jim:green quote fixed mod:end
itsme
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Re: The exemplary behaviour of Team GB

@tinto
Why are you going on about British sportsmen? The Tax exemption would not apply to them if they are resident in the UK. The exemption is for overseas sportsmen as the current Tax law they are liable for UK tax after x number of days pro rata on the days they are in the UK on all Worldwide earning. So for Bolt who earn a lot of money in endorsements in other countries this money would became liable to UK tax.
Hence the reason Nadal did not play Queens this year as with Wimbledon and the Masters Final at the O2 he would be spending too many days in the UK and would be charge UK tax on all his Worldwide earnings.  
tinto
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Re: The exemplary behaviour of Team GB

@ itsme
I'm not so much concerned about British sportsmen/women, I'm more concerned about who is or isn't paying their due share of tax, given the Con/dems somewhat casual approach to this and the state of the economy.  The country is skint due to bailing out the banks  but  the casino bankers who caused the problem are still being paid megabucks, multinational companies and wealthy individuals can avoid paying their full whack in taxes, and nothing is being done about closing the loopholes, on the grounds that we mustn't scare away the so called "wealth creators".
At the same time those at the other end of the food chain, if they're fortunate enough to have a job, find any salary increase is less than the rate of inflation, have their Income tax deducted at source by PAYE, and lose a greater  proportion of their income to VAT.  If they're among the 2 million plus unemployed, their Jobseekers Allowance has been reduced  and if they're among the really unfortunate souls on Sickness Benefits, they are faced with the insult to human dignity that is ATOS.  Let's not forget, these are the people who did least to cause the financial crisis but they're the one who are hardest hit by the actions taken to put it right.
We are where we are and action needs to be taken, I'm not saying otherwise.  It would make the situation much more tolerable if the system was made more transparent and the pain could be seen to be shared equally, but it won't, because that's not happening.
RPMozley
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Re: The exemplary behaviour of Team GB

While I would agree with most of what you've said tinto I can't help but feel that this thread isn't where this should be said. Maybe it would be better to be in a thread of its own, seeing how big of an issue as it is. I'm not saying it should be put away, far from anyone's view, NO the opposite to that. Light needs to be focused on it, where as here it may be lost by the original posting reason.
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Re: The exemplary behaviour of Team GB

Itsme is correct, this does not afect British sportsman who are resident.  Something has to be sorted or we will not see the likes of Nadal Federer etc playing here.  It's right they pay tax on their winnings here but not their worldwide income.