The health and fitness industry includes a wide variety of professionals from part-time personal trainers to professional athletes. Many work flexible hours in gyms, studios, or offer private sessions. Others generate income through sponsorship, ticketed events, merchandise, or online content. With multiple earnings, keeping on top of tax responsibilities can quickly become challenging.
Why you need an accountant:
An accountant helps you make sense of all your earnings whether it's from training sessions, branding deals, or event promotions. Many athletes and instructors aren’t aware that income from sponsorships, ticket sales, or even affiliate partnerships must be declared to HMRC. A specialist accountant can identify and differentiate expenses are allowable (like gym equipment, travel, uniforms, or room hire), and avoid any nasty surprises at year end. More importantly, we help ensure you're fully compliant with tax law. Commonly this stress needs to be taken away.
Self-employed or Limited Company?
Most instructors begin as sole traders due to the ease of setup and flexibility. However, if your brand begins to grow, you earn significant income through commercial work operating as a limited company could bring tax efficiencies and added protection.
Pricing Guide:
If you work in this industry, get in touch to book a free consultation. We’ll provide accurate advice and pricing tailored to your business.
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