I wouldn't have said that either match-up was a great one.
On the other front, presumably, although you don't have to pay tax in Australia, UK players will still have to pay tax on their earnings in Britain. I would assume that most major tennis nations have mutual tax treaties, which mean that if you are a UK player and pay tax on earnings in - say - France, you then don't get taxed on that income in the UK (below a certain level). So there may not be any particular gain or loss on paying in-country. Though equally there might be - the detail is always key. Have long felt that working out tennis players' tax arrangements must be the stuff of a tax lawyer's dreams ... and everyone else's nightmares.
For anyone interested, the UK withholding tax rules for tennis players (and all other 'entertainers') not fiscally resident in the UK can be found at :
http://www.hmrc.gov.uk/leaflets/feu50_0300.htm
The problem with these rules (very similar in many countries) is that most tennis players have such high expenses (and low income) that they, quite legitimately, don't have any income tax to pay. As such, they can't claim back and offset the tax they've already paid elsewhere against their tax bill in their residence country. It's effectively money that's gone that shouldn't be gone.
Really ? I didn't know that Davis Cup was such a motivation, certainly to switch countries.
I can understand the real pride in winning for what is undoubtably your true country ( eg. the Spanish and Serbs ), but otherwise...
I was asked if I was interested in sponsoring an up & coming Serb player then around 250 in the world after spending some time with M vadja for 10% of future earnings i said he would have to switch allegiance to GB for Davis cup and was laughed out of the negotiations . They thought it was hilarious that I made such a proposal little did I know that this kid called Novak would go on to win grand slams ! My wife constantly reminds me of this missed opportunity When I am scratching around for funding for Young GB players .
Of all tyrannies a tyranny exercised for the good of its victim may be the most oppressive.... those who torment us for our own good will torment us without end for they do so with the approval of their own conscience
It was certainly financially feasible for our good friend Gary.
Djokovic was ranked around 250 in late 2004. A1 Pharmaceuticals made £1.1 million pre-tax profit in the year to 30 April 2004, after paying Gary and his Mrs £300,000; and £0.6 million the following year, after paying Gary and his Mrs £500,000.
This of course pales into insignificance when compared to the 2013 profits of £3.2 million, but they're certainly nothing to be sniffed at. And remember that Gary and Mrs Gary own the entire shebang, so talk of complaints from other directors should be taken with a very large pinch of salt.
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"Where Ratty leads - the rest soon follow" (Professor Henry Brubaker - The Institute of Studies)
It was certainly financially feasible for our good friend Gary.
Djokovic was ranked around 250 in late 2004. A1 Pharmaceuticals made £1.1 million pre-tax profit in the year to 30 April 2004, after paying Gary and his Mrs £300,000; and £0.6 million the following year, after paying Gary and his Mrs £500,000.
This of course pales into insignificance when compared to the 2013 profits of £3.2 million, but they're certainly nothing to be sniffed at. And remember that Gary and Mrs Gary own the entire shebang, so talk of complaints from other directors should be taken with a very large pinch of salt.
Unless I see an article about Djoko titled 'Why I turned down A1 Pharmaceuticals sponsorship' and inside are details about why he was tempted to play for GB at Davis Cup I'll remain unconvinced.
I'm glad that Novak didn't choose to play for Britain. Would have meant a Marko Djokovic wild card at every major event from 2007 to 2025, and then Djordje Djokovic wild cards from 2011 to 2032.
Thanks for rejecting Nole, A1TA. You saved British tennis.
Courts 7 and 11 are being streamed, which means Brydan's match will be streamed n/b 02.00 BST but Wardy's doubles match (with his R1 singles opponent as his partner) will not - hopefully the fact he's a seed playing an Aussie means his singles match will be though.
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GB on a shirt, Davis Cup still gleaming, 79 years of hurt, never stopped us dreaming ... 29/11/2015 that dream came true!