Athletes: Miscellaneous income
Chapter 8 of Part 5 Income Tax (Trading and Other Income) Act 2005 taxes income not otherwise charged, also known as miscellaneous income. These charging provisions may sometimes be considered as an alternative where the athlete’s activities fall short of trading. However, it can only apply to income contractually received in return for work done, services rendered or facilities provided (see BIM50606, Example 2). It cannot apply to voluntary grants given for nothing in return; see Scott v Ricketts  44 TC 303, which is discussed in BIM65151.
In terms of when these payments are recognised as income for tax purposes, see BIM50625.