HRMC has today announced it will provide a one-off income tax exemption for international athletes at the Sainsbury’s Glasgow Grand Prix, to be held from 11 to 12 July at Hampden Park, Glasgow. Part of the IAAF Diamond League – an annual series of athletics meetings taking place internationally – the Sainsbury’s Glasgow Grand Prix will take place in Scotland for the first time this year.
Glasgow City Council Leader Gordon Matheson is delighted with today's announcement. He commented: “Hosting the Diamond League series for the first time is another huge honour for Glasgow in this special year. Today’s announcement by the UK Treasury is very welcome as Glasgow builds on its position as one of the world’s top ten sporting cities.”
Paul Bush OBE, Chief Operating Officer for EventScotland said: “Hosting the Sainsbury’s Glasgow Grand Prix, a leg of the IAAF Diamond League is testament to our credentials as a major event destination and we welcome the HRMC announcement today agreeing a tax exemption for non-UK athletes. Scotland is the perfect stage for major events and this exemption will help to attract the world’s leading athletes to the event in July. We will continue to work closely with British Athletics, Glasgow Life and the other event partners and sponsors to fully maximise the opportunity presented by hosting a world-class athletics meet, with further details to be announced in the coming months.”