Behind the wheel: navigating motorsport and tax
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We explore the world of motorsport tax with Pete Hackleton, Partner and Head of our Sports & Entertainment Group and also James Taylor, a Director who specialises in working with our motorsport clients. This episode uncovers the complex international challenges racing drivers face and the many tax considerations they must navigate.
From establishing the right business structures to deciding where to base themselves, decisions made early in a driver's career can significantly impact their long-term success. The conversation debunks common misconceptions about lower tax jurisdictions such as Monaco and the associated high living costs.
The podcast also explores how the international tax landscape continues to evolve, highlighting why having appropriate tax planning and advisers in place is crucial.
Please subscribe, rate and review our podcast to join us for more deep dives into the sports and entertainment industry.
Visit www.saffery.com for more information or to contact us with questions about any of the issues covered.
For more Taxing the Spotlight podcasts, head to: https://www.saffery.com/podcasts/
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