Emma Raducanu set for massive financial hit after Wimbledon exit to qualifier despite earning £226k prize...

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Emma Raducanu set for massive financial hit after Wimbledon exit to qualifier despite earning £226k prize...
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Emma Raducanu gives 11-word reaction to Judy Murray’s ‘astonishing’ tweet

she fell to impressive qualifier Lulu SunHe said: "Emma Raducanu, like most athletes who earn any kind of real money, will be set up as a company for the purposes of taxation and earning profits etc."She'll pay, on the basis that she's based in the UK, 20 per cent corporation tax up to a certain level and then 25 per cent as soon as those profits go above the next tax threshold.

"So if she were to earn, say, £10million she would be expected to be taxed by around £2.5m, and then there will be deductible expenses through a company to try and bring that tax bill down, which are all legitimate.Emma Raducanu suffers horror fall during Wimbledon clash🍓 WE'VE got Wimbledon covered - with our top team at the home of tennis.

Her victory over Sakkari was just the second top 10 win of her career, with the first coming the week before against Jessica Pegula in Eastbourne.on the morning of their first round match citing "wrist stiffness" - denying Murray a last Wimbledon farewell in the process.She said: "I think going into the tournament, I wasn't expecting to make fourth round. So for me it was a no-brainer. I would have loved to have played.

He didn't ask me, If you're still in the singles, are you going to play? That was never a question to be answered.The All England Club will dish out £50million across all the events - an increase of £5.3m and 11.9 per cent on last year, where singles championsHowever, the king and queen of grass this July will collect an extra £350,000 - taking the winner's earnings to £2.7m.

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