At Excel Accounting Solutions, we understand that professional footballers have unique financial needs due to their high earnings, fluctuating income, and short career spans. Our tailored accounting services are designed to help footballers manage their finances effectively, plan for the future, and ensure compliance with all financial regulations.
Our Specialized Services for Professional Footballers in the UK
Tax Planning and Compliance
- Expert advice on income tax, national insurance contributions, and VAT.
- Preparation and submission of self-assessment tax returns.
- Claiming allowable expenses, such as travel, training, and agent fees.
- Managing tax residency status for international players.
Wealth Management and Financial Planning
- Personalized strategies to grow and protect your wealth.
- Assistance with investment planning, property portfolios, and retirement savings.
- Structuring finances to maximize income during and after your playing career.
Image Rights Management
- Advising on image rights agreements to ensure they are compliant with HMRC guidelines.
- Setting up and managing image rights companies where appropriate.
Career Transition Planning
- Helping you prepare financially for life after football.
- Guidance on diversifying income streams through investments and business ventures.
Bookkeeping and Record-Keeping
- Accurate tracking of income, expenses, and contracts.
- Applications for Tax Reference Numbers.
Foreign Income and Transfers
- Advice on managing income from international matches, transfers, and sponsorships.
- Currency exchange management to mitigate risks.
Estate and Inheritance Tax Planning
- Guidance on protecting your family’s financial future.
- Structuring assets to minimize inheritance tax liabilities.
Why Choose Excel Accounting Solutions?
- Industry Expertise: We have experience working with professional athletes and understand the complexities of their financial lives.
- Confidentiality: We prioritize discretion and ensure your financial information is handled securely.
- Proactive Support: We don’t just respond to your needs; we anticipate them, providing advice and solutions to keep your finances on track.
- Tailored Service: Every footballer’s situation is unique, so we offer personalized accounting solutions to meet your specific needs.
Additional Benefits
- Regular updates on changes to tax laws and regulations affecting professional athletes.
- Liaison with agents, clubs, and financial advisors to streamline your financial management.
- Access to Accountants who understand the pressures and demands of a professional football career.
Get in Touch
Let us help you focus on your game while we handle your finances. Contact us today for a consultation.
Excel Accounting Solutions | Supporting Your Financial Goals On and Off the Pitch