Emma Raducanu’s registered company has reported a profit of nearly £10 million in its latest accounts.
The 21-year-old earned £9.6 million in the year ending February 28, 2023, with most of that coming from commercial endorsements.
Raducanu set up Harbour 6 Ltd in 2020 and is the sole director and only employee of the company. The accounts show that her company has to pay £1.8 million in corporation tax on the profits and £74,000 in VAT. The accounts state that the corporation tax amount was reduced by foreign taxes of £62,700.
Corporation tax is 25 per cent, while personal income tax rates are 45 per cent on earnings of more than £150,000.
Raducanu played a key role in helping Great Britain reach the Billie Jean King Cup Finals last week
AURELIEN MEUNIER/GETTY IMAGES FOR ITF
Not all of Raducanu’s earnings go through her company, however. Her triumph in
