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Message: [QUOTE="Morkel, post: 3467741, member: 8215"] I'm not 100% sure, but I think it works differently for elite sportspeople with limited career windows. Something like a portion of it goes directly in to something that works like a trust, so it gets taxed either lower or zero, and it's only available to them when they retire, where they pay the tax on how much they draw from it. It's why a good manager (or at least financial advisor) is so vital for the younger players - if invested well, they make money on the pre (or lower) taxed money, so by the time they retire they can have quite a decent chunk put aside. [/QUOTE]

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