Tax break for Usain Bolt and Co at the Commonwealth Games in Glasgow

Overseas Sports Personality - Usain Bolt: Three London golds and another piece of history written at speed. The Jamaican became the first man to defend the 100m and 200m titles (AFP)

Star athletes such as Usain Bolt will be exempt from paying income tax at the Commonwealth Games in Glasgow next year. Chancellor George Osborne announced the exemption in his Budget, and also confirmed that the same exemption will be extended to the athletics event in London on the first anniversary of the Olympics.

Bolt has not raced in Britain since 2009, apart from at the London Olympics, due to tax rules for overseas sport stars.