Darts star Luke Littler plans to trademark his identify to cease bootleggers cashing in on his fame.
He’ll have the ability to apply it to gadgets like darts, shirts and hoodies and has arrange a agency to deal with his affairs. The proficient teen has registered Luke Littler Darts Limited with Companies House.
Littler, now 17, scooped £200,000 in prize cash after reaching the ultimate of the World Darts Championship. He was crushed 7-4 by world No.1 Luke Humphries at London’s Alexandra Palace.
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Despite his younger age, it has been reported 45% of Littler’s prize cash will go to the Chancellor.
He may must pay £76,000 in tax and over £7,000 National Insurance, which means he’ll take dwelling simply over £116,000 of his £200k pot.
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Investment platform Saxo’s boss Andrew Mangion mentioned: “Everybody needs to pay tax, no matter their age, and under 18s have the same personal allowance as adults.
“It’s rare for a teenager to come into so much money in one lump sum and we would advise him to take professional financial advice.”
Littler has mentioned he plans to take buddies to Alton Towers or Blackpool as a deal with. The Warrington lad additionally hopes to get a brand new automobile from his sponsor Skoda.
Luke’s rise coincides with increasingly Brits taking over darts. A ballot of two,000 Brits who took up a brand new sport for the reason that begin of the yr discovered that darts was manner forward of the competitors – with golf and fishing lagging behind in 2nd and third spot. Around 65m folks around the globe play darts often, with hundreds of thousands of Brits taking part in the game at dwelling, pubs or in competitions.