Emma Raducanu’s recent run at the HSBC Championships at Queen’s Club had its highs and lows. In an impressive streak, she made it to the final without dropping a set but was ultimately defeated by Donna Vekic. Despite the loss, Raducanu walked away with a cool £136,210. However, here’s the twist: nearly half of that prize money might end up with the taxman!
According to tax expert Nicole Zalys, Emma’s significant earnings mean she’ll face a hefty tax rate of about 47%, thanks to additional income taxes and National Insurance contributions. So while the British tennis star bagged a substantial amount, her take-home will be approximately £72,192 after taxes.
Emma remains positive, expressing immense gratitude to her home crowd for their unwavering support throughout the tournament. She called her week at Queen’s “incredible” and appreciated the chance to play in her home city. After her battle with Vekic, she acknowledged how challenging the match was but applauded Vekic’s performance. Nonetheless, Emma is proud of her determination, particularly how she fought back in the second set.
Looking ahead, Raducanu is eager for Wimbledon, where she will again compete as the British No. 1. Despite the financial setbacks, she remains focused on the game and making her mark on the court. Here’s to hoping for more success and fewer tax woes in the future! 🎾💪