The Major Sporting Events (Income Tax Exemption) (Finalissima Football Match) Regulations 2022

• Citation: S.I. 2022/487
• Sections: 3

Section 1 Citation, commencement and interpretation

These Regulations may be cited as the Major Sporting Events (Income Tax Exemption) (Finalissima Football Match) Regulations 2022 and come into force on 27th May 2022.

Section 2 Citation, commencement and interpretation

In these Regulations—

“ accredited person ” means an individual who, in advance of their performance of the relevant Finalissima activity in question, has been accredited by UEFA for the purposes of the Finalissima through the issue of a personalised accreditation badge, including an individual who has been so accredited in their capacity as—

an employee, official or contractor of either the Italian or Argentinean national football associations, including, for the avoidance of doubt, a player listed in the Finalissima player list,

an employee, official or contractor of UEFA or UEFA Events SA , including a match official, or

an employee or contractor of a broadcast, commercial or media organisation working with UEFA for the purposes of the Finalissima;

“ Finalissima ” means the Finalissima football match planned to be held at Wembley Stadium in London on 1st June 2022;

“ income ” means employment income , or the profits of a trade, profession or vocation including profits treated as arising as a result of section 13 of the Income Tax (Trading and Other Income) Act 2005 (visiting performers) ;

“ UEFA ” means the Union des Associations Européennes de Football .

Section 3 The Finalissima

(1) An accredited person who performs a relevant Finalissima activity is not liable to income tax in respect of income arising from the activity if the non-residence condition is met.

(2) A relevant Finalissima activity is a duty or service performed—

(a) in the United Kingdom,

(b) during the period beginning with 28th May 2022 and ending with 2nd June 2022 inclusive,

(c) in pursuance of the obligations of the specific office, employment, contractual arrangement or other capacity in respect of which the accredited person performing the activity has been accredited by UEFA, and

(d) in connection with the Finalissima.

(3) The non-residence condition is that—

(a) the accredited person is non-UK resident for the tax year 2022-23, or

(b) the accredited person is UK resident for the tax year 2022-23 but the year is a split year as respects that individual and the relevant Finalissima activity is performed during the overseas part of the year .

(4) Section 966 of the Income Tax Act 2007 (duty to deduct and account for sums representing income tax) does not apply to a payment or transfer which gives rise to income benefitting from the exemption under paragraph (1).