HMRC will take 47% of Tyson Fury's reported £60 million purse, amounting to more than £28 million in taxes, exemplifying the heavy taxation on high earners.
The split for the rematch has switched to 60/40 in favor of Usyk, reflecting his victory in the first fight, positioning him as the 'A-side' negotiator.
UK residents are taxed on overseas earnings, meaning that Fury will see nearly half of his earnings go to the taxman, highlighting the financial implications for athletes.
Income Tax and National Insurance are critical deductions from Fury's fight earnings, ensuring contributions to public services and state benefits for UK residents.
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