Preview Collingwood v Geelong, 17 March 7.40pm

Remove this Banner Ad

Status
Not open for further replies.
I'm very confident about this one. Usually, most geelong players mmind's are either back at the farm in gumboots, perusing the sheep or still at mum and dads with their own room and an empty packet of twisties always in hand by the time round one comes around
 

Log in to remove this ad.

Jordy's fine(which will be $2k after an early plea) is a fixed amount under the guidelines. No discretion allowed. Cotchin's misconduct fine ($1k after early plea) was a discretionary amount decided by the MRO.

Does seem a little bit out of whack but wouldn't get too upset about it.

They are both tax deductible so in the end the real difference between the two is $530.

Thank you for your detailed explanation about how the MRP determines these sanctions. It’s even more concerning that they had discretion in determining the amount of fine for misconduct. Cotchin and others have form in this regards. IMO this type is ‘misconduct’ should attract more than a tap on the wrist. It warrants a suspension and significant fine. Send a clear signal to all the snipers out there.


On iPhone using BigFooty.com mobile app
 
Thank you for your detailed explanation about how the MRP determines these sanctions. It’s even more concerning that they had discretion in determining the amount of fine for misconduct. Cotchin and others have form in this regards. IMO this type is ‘misconduct’ should attract more than a tap on the wrist. It warrants a suspension and significant fine. Send a clear signal to all the snipers out there.


On iPhone using BigFooty.com mobile app

I wasn’t aware that the fines were tax deductible. Don’t think my fines for ‘misconduct’ on the road are tax deductible


On iPhone using BigFooty.com mobile app
 
I wasn’t aware that the fines were tax deductible. Don’t think my fines for ‘misconduct’ on the road are tax deductible


On iPhone using BigFooty.com mobile app

Different things. But yeah, don’t expect logic and even-handedness from the Australian taxation system.

As far as professional sports go, fines for on-field misdeeds are deductible. But not off-field.


On iPhone using BigFooty.com mobile app
 
Different things. But yeah, don’t expect logic and even-handedness from the Australian taxation system.

As far as professional sports go, fines for on-field misdeeds are deductible. But not off-field.


On iPhone using BigFooty.com mobile app

Looking forward to claiming the speeding fine I just got whist working and travelling between sites!
 
Would be great to pinch this whilst they have some injuries.

In terms of full strength vs full strength though, I feel we are still one gun FB, one gun half back flanker, and one pacey long kicking gun mid away from challenging for a flag. So that’s $2m of player salary we don’t have, or have redeployed it inefficiently… including to other teams..

Where's 2 million of our cap gone this season?
 
Looking forward to claiming the speeding fine I just got whist working and travelling between sites!

Go for it. Claiming only a problemo if you cop an audit.

Easier and safer just to make an Officeworks or Bunnings claim for work supplies.


On iPhone using BigFooty.com mobile app
 
Different things. But yeah, don’t expect logic and even-handedness from the Australian taxation system.

As far as professional sports go, fines for on-field misdeeds are deductible. But not off-field.


On iPhone using BigFooty.com mobile app
The taxation rules for tax deductibility of fined are based on who issues fines. Statutory fines levied by government departments are not deductible. So, police fines, ATO penalties, ASIC late payment penalties and fines, etc, are not deductible.
Commercial organisations issuing “Fines” are deductible. Your late payment fine by Telstra for example, is deductible. So is interest paid to commercial organisations for late payments, as well as “fines” paid to the AFL, with the overriding rule that the must relate to earning income.
 

(Log in to remove this ad.)

The taxation rules for tax deductibility of fined are based on who issues fines. Statutory fines levied by government departments are not deductible. So, police fines, ATO penalties, ASIC late payment penalties and fines, etc, are not deductible.
Commercial organisations issuing “Fines” are deductible. Your late payment fine by Telstra for example, is deductible. So is interest paid to commercial organisations for late payments, as well as “fines” paid to the AFL, with the overriding rule that the must relate to earning income.

Thank you Slugger. I’m certainly learning a lot about the rules of tax deductibility. Last thing I expected in reading a thread about Collingwood’s round 1 game.


On iPhone using BigFooty.com mobile app
 
The taxation rules for tax deductibility of fined are based on who issues fines. Statutory fines levied by government departments are not deductible. So, police fines, ATO penalties, ASIC late payment penalties and fines, etc, are not deductible.
Commercial organisations issuing “Fines” are deductible. Your late payment fine by Telstra for example, is deductible. So is interest paid to commercial organisations for late payments, as well as “fines” paid to the AFL, with the overriding rule that the must relate to earning income.

Not sure where you get that from - the identity of the issuer of the fine? The principle for on field v off field is around expenses incurred whilst earning income. On field you are earning, off field you ain’t.


On iPhone using BigFooty.com mobile app
 
Not sure where you get that from - the identity of the issuer of the fine? The principle for on field v off field is around expenses incurred whilst earning income. On field you are earning, off field you ain’t.


On iPhone using BigFooty.com mobile app
Yes, that's right. As i said, the the overriding rule is that the expense must directly relate to earning income.
And statutory fines for breaking laws are not deductible, regardless.

So, the on-field fine imposed by the AFL is deductible. It is not a satutory fine, and is directly relating to earning your income.
The off-field expense of paying interest on your home loan is not deductible. That is not directly relating to your income earning.
But, paying interest on your investment property, which you earn income directly in the form of rent, is deductible.

Getting a speeding fine is a statutory fine, which is not deductible, whether directly relating to earning income or not.
Truck drivers, for example, cannot claim speeding fines whilst they are earning income driving trucks.
 
5 lists in the comp I rate higher than ours. Geel, Melb, dogs, Carlton, bris . Both teams are going to have outs next week so no excuses. I’d love us to win. But it’s still the reigning premier. Heart says win by 3 goals, head says lose by that
That dogs are favourites for me, amazing list. Maybe just behind Melbourne now they have Grundy.

We will beat Geelong and I hope Maynard takes Henry…it’s good that he’ll be able to go home and sleep with mum and dad after the game…or maybe even half time who knows.

We will have the ascendancy down back, in the middle and up forward in this game. Mihocek will neutralise Stewart.

I expect a close game because that’s how we like to win.
 
Was talking to mitch cleary yesterday and he can't see how hawkins plays either.
Yep, which makes more sense about why he would come out publicly and profess a good chance to play. If he was a real chance better to keep it quiet and spring it late.
 
Status
Not open for further replies.

Remove this Banner Ad

Remove this Banner Ad

Back
Top