Emma Raducanu faces a substantial tax bill following her third-round exit at Wimbledon, with nearly half of her £152,000 prize money going to HM Revenue & Customs.
The 22-year-old British player will pay £68,400 in income tax on her earnings from the tournament.
Additionally, she must pay £3,040 in Class Four National Insurance contributions, bringing her total tax liability to £71,440.
This means Raducanu will take home just £80,560 from her SW19 campaign.
Emma Raducanu is set to lose nearly half of her prize money after Wimbledon
PA
The former US Open champion earned the six-figure sum after losing to world number one Aryna Sabalenka in straight sets on Monday.
Tax expert Paul Barham from Forvis Mazars explained the calculations behind the hefty deductions.
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"Assuming that Emma is an additional rate taxpayer (with other income over £125,140), the tax rate that will apply to the prize money will be 45 per cent resulting in a UK tax liability of £68,400," he told the Express.
"Assuming Emma is resident in the UK, she is also likely to have Class Four National Insurance to pay at two per cent on this income resulting in a National Insurance liability of £3,040.
"Therefore, her take home pay after tax and NIC would be £80,560."
Raducanu's tournament ended when she fell to Belarusian powerhouse Sabalenka, despite pushing the first set to a tiebreak.
The defeat came after commanding victories over Mimi Xu and Marketa Vondrousova in the opening rounds.
Had the 22-year-old managed to overcome Sabalenka and progress to the fourth round, her prize money would have increased to £240,000. Instead, she exits with £152,000 before tax.
Sabalenka advanced to face Laura Siegemund in the quarter-finals after defeating Elise Mertens.
The world number one stands to collect £3million if she claims her first Wimbledon title.
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Emma Raducanu put in a strong performance despite losing to Aryna Sabalenka at WimbledonPAFollowing her defeat, Raducanu was visibly emotional and struggled to find positives in her performance.
"I think I'm just very self-critical," she said in her post-match press conference.
"It's hard to see. Of course, I'm very proud of being competitive on the court.
"I think I would rather that than it being completely one way."
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Emma Raducanu will be taxed a larger amount as a high earner
XShe acknowledged the difficulty of facing Sabalenka: "At the same time, I'm playing Aryna, who is No. 1 in the world, a great champion. I have to be proud of my effort today."
Barham noted that Raducanu's final tax bill could be reduced through deductible expenses.
"These expenses can be deducted from the taxable amount and will therefore reduce the final tax bill," he explained, citing travel, accommodation costs and coaching fees as potential deductions.
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