Arthur Fery to lose hundreds of thousands in taxes after Wimbledon run

British player Arthur Fery earned $1.2 million for reaching the Wimbledon semifinal but will pay nearly half of it in taxes. His net payout is expected to be around $660,000 after deductions.

Arthur Fery’s run at Wimbledon ended with a semifinal loss to Alexander Zverev. The British wildcard had advanced past Damir Dzumhur, Otto Virtanen, Zizou Bergs, Grigor Dimitrov and Flavio Cobolli.

Before this tournament Fery’s career earnings stood just above $883,000. His Wimbledon prize money more than doubled that total in one event.

UK tax rules will take 45 percent of the $1.2 million payout. After the 20 percent deduction at source, an additional 25 percent applies because Fery falls into the top tax bracket.

Fery lives near the All England Club, so travel costs will not reduce his remaining funds further.

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