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Rumours and Stuff

hindy111

Post Whore
Messages
62,867
I work shifts.

Now that the pleasantries are out of the way, where did I say Alvaro was BETTER than Graham (note spelling)?

I need a cup of tea. I was worked up a little and need to calm down. My heart beat went up too 78bpm.
 

84 Baby

Referee
Messages
29,665
The Tax on professional footballers in Australia is different.

So, lets say that Semi earn't $750k from 2018 onwards for 4 years, $350 last year and $200k the two years before that and $100k the year before that, then the ATO would consider that his Taxable Income would be as follows.

  • 2015 = $33.3k
  • 2016 = $75k
  • 2017 = $125k
  • 2018 = $212.5k
  • 2019 = $375k
  • 2020 = $512.5k
  • 2021 = $650k
Meaning that he would've paid the approx amount of tax
  • 2015 = $3k (Gross of $200k, Net of $197k)
  • 2016 = $16k (Gross of $200k,Net of $184k)
  • 2017 = $35k (Gross of $350k,Net of $315k)
  • 2018 = $68k (Gross of $750k,Net of $682k)
  • 2019 = $86k (Gross of $750k,Net of $664k)
  • 2020 = $210k (Gross of $750k,Net of $540k)
  • 2021 = $275k (Gross of $750k,Net of $475k)
Now with contracts you would probably expect to be continuing to earn more as your contract years goes on, so the Net for 2020 and 2021 is probably quite a bit lower than he would've expected.

I believe that there is still a tax obligation for athletes once they retire also though, for a further 3 years.
Income averaging does continue on retirement, so as I said previously his taxable income is $750k in 2022 if he retired, but of course his take home pay would be zip. Income averaging especially for sportspeople is a fine line. Works better when income is up and down. Easy to get stung if you were on big pay packet then suddenly have zero income
 

84 Baby

Referee
Messages
29,665
JFH is top 10 forward in comp based on form. Better then any of their pther forwards. And why Merrin was moved from lock and Tamou dropped.
Are you f**king drunk? Fisher-Harris makes shit all metres and just mainly tackles. Does that sound like someone you're shitbagging? Just Fisher-Harris misses more tackles
 

Bazal

Post Whore
Messages
102,916
Are you f**king drunk? Fisher-Harris makes shit all metres and just mainly tackles. Does that sound like someone you're shitbagging? Just Fisher-Harris misses more tackles

Yeah but he has a mean looking face so he's obviously a tearaway
 

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