Award winning accountants for E-sports & pro gamers
We handle the numbers so you can focus on the game.
Maximise taxable deductions
Expense management & budgeting
Tax planning for prize money & winnings
Managing sponsorship and streaming revenue
Accounting for Esports players
The esports industry is exploding. What was once every player’s dream is now reality. But to earn serious income as a professional gamer, you have to beat the best. But how can you do that with the buzz of distractions and financial stress? Well, with specialist esports accountants and tax advisors, you don’t have to.
At Ocelot, we understand the game. From FIFA to Rocket League, League of Legends to Fortnite, all that matters is the present moment – tuning into your zone and performing. We simply want to let you focus on getting on with what you do best.
Whether you need specialist advice, bookkeeping, or tax planning for your esports prize money, we remove the distractions and manage the finances on your behalf.
Working with Ocelot has been a truly eye-opening experience! I find their insights and breakdown videos extremely helpful.Tomographic 800k+ followers
Why do professional gamers need accountants?
01
Earnings management
Tracking and management of all earnings, whether from tournament winnings, sponsorships, streaming, or more.
02
Tax advisory services
Detailed guidance on esports taxes, ensuring you stay compliant while optimising tax benefits.
03
Financial planning
With varying incomes, suitable planning can safeguard your future to continue gaming in the long-term.
04
Contractual guidance
Navigate team contracts and sponsorships with our expert esports accounting
Frequently asked questions
Professional gamers pay taxes just like any other profession. How much they need to pay and when, however, can be complicated. Income for pro gamers tends to have multiple sources and the amounts can often vary from year to year. For instance, any income from sponsorships, streaming, endorsements, donations, and tournament winnings are all likely to be taxable.
When it comes to paying esports taxes, it’s the player’s responsibility to ensure they’re on top of all their finances and paying the correct amount to HMRC. Any errors can lead to fines, penalties, and further interest accruing on the amount owed.
As professional accountants for esports and pro gamers, Ocelot can take away the stress and let you get back to playing.
For many professional gamers, a main source of earnings comes from tournaments in which they compete as a member of an esports team. This brings up the question of whether this should be classified as self-employed income or employment income. Depending on the answer, this will also affect who is responsible for paying pro gamer taxes and national insurance.
When it comes down to it, the answer tends to vary. Playing within a team usually means a player has a professional contract, and the specifics and obligations within this contract will determine their responsibilities.
At Ocelot, our esports tax and financial advisory services can break down your contract and put it into clear, easy-to-understand terms. This ensures you know exactly what’s needed from you, and exactly what isn’t.
Gamers make money from competing in tournaments, getting sponsorships, receiving donations, and revenue from ads. Many gamers also use streaming platforms such as Twitch and YouTube to monetise their gaming content and obtain revenue from their subscribers.
Although there is no exact percentage of Esports gamers that make money, the gaming industry is a growing and valuable market, with 10.84 million gamers just in the UK.
As of 2022, pro gamers in Europe collectively made £30.7 billion, and it is predicted that by 2032 Europe should see over 40% more money generated from online gaming!
