Rumour Tales from the Henley Beach Cafe: CROWS 2021 RUMOURS

[hey shorty]

I think his family would be ok living off $600k per season

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Reality is anyone who's above the average AFL wage would be

 

[Crow_68]

HAHAHA the Saad/Carlton/Dodoro saga is gonna be hilarious

I do think it’ll eventually be a 3-team deal with Geelong, honestly

Will hold up the whole trade period.


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[crow2crow]

Will hold up the whole trade period.


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agree so we need to stay clear of it
speed is everything in trade period. port really have shown why it's important to get deals done early while those high picks are on the board. we have snoozed in the past or got stuck in some stupid menaj a trois

 

[jackster83]

Will hold up the whole trade period.


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Really is the same shit every year with Essendon. They're more interested in the fight than the result.

 

[crow2crow]

Really is the same sh*t every year with Essendon. They're more interested in the fight than the result.

essendon probably end up with picks 6,7,8 with us pushed to 9

 

[Dudersaurus]

Oh yeah ...Brad loves Adelaide, but he's trying to set his future up

Can't blame him, most of us would do likewise, but what premium is enough to sacrifice your lifestyle ?

Suggest we'd pay $600K over 3 years with an option .......so his walkaway deal has to be $750K + allowing for 50% taxation rate

What's this tax thing you're talking about? Is that some of weird new Brad-specific thing?

Unless you're thinking of tax. That thing that everyone knows about and mostly pays, and more money still equals more money, even with tax.

Sports folk do get the ability to pay less and spread out tax payments over the years in recognition that their peak pay is not likely representative of their lifetime average, but again not new.

 

[WaynesWorld19]

What's this tax thing you're talking about? Is that some of weird new Brad-specific thing?

Unless you're thinking of tax. That thing that everyone knows about and mostly pays, and more money still equals more money, even with tax.

Sports folk do get the ability to pay less and spread out tax payments over the years in recognition that their peak pay is not likely representative of their lifetime average, but again not new.

Interesting concept .....not sure the Tax Dept agrees

 

[1970crow]

Interesting concept .....not sure the Tax Dept agrees

I haven't done tax for 30 years but that certainly was the case for professional sports people and farmers. They were taxed on a 5 year average from memory.

 

[crow2crow]

What's this tax thing you're talking about? Is that some of weird new Brad-specific thing?

Unless you're thinking of tax. That thing that everyone knows about and mostly pays, and more money still equals more money, even with tax.

Sports folk do get the ability to pay less and spread out tax payments over the years in recognition that their peak pay is not likely representative of their lifetime average, but again not new.

run that by me again?
the bit about spreading income over tax years. do you have any details? that sounds like a discrimination law suit to me.

 

[crow2crow]

I haven't done tax for 30 years but that certainly was the case for professional sports people and farmers. They were taxed on a 5 year average from memory.

hmmm not now. farmers is different thats a business not direct income

 

[CrowsB4hoes]

Sportspeople are considered the same as artists and other professionals and have an average tax rate applied over a number of years. Can also license their “image” to a trust or company and divert that income to a spouse.

 

[crow2crow]

Sportspeople are considered the same as artists and other professionals and have an average tax rate applied over a number of years. Can also license their “image” to a trust or company and divert that income to a spouse.

thats very unfair - what do you mean other professionals? you cant average your income over years if you are PAYG employee as far as I know

the second bit anyone could potentially do i guess if well known

 

[1970crow]

hmmm not now. farmers is different thats a business not direct income

try again.

 

[CrowsB4hoes]

thats very unfair - what do you mean other professionals? you cant average your income over years if you are PAYG employee as far as I know

the second bit anyone could potentially do i guess if well known

Certain people have income that fluctuates wildly. They would otherwise pay more tax over time than someone who earned the same amount of income who’s annual earnings were more steady.

 

[crow2crow]

try again.

View attachment 979136

try again.

View attachment 979136

excellent i will look into this! thanks

 

[crow2crow]

Certain people have income that fluctuates wildly. They would otherwise pay more tax over time than someone who earned the same amount of income who’s annual earnings were more steady.

this board is useful for something

 

[Dudersaurus]

run that by me again?
the bit about spreading income over tax years. do you have any details? that sounds like a discrimination law suit to me.

Can't be bothered at this time to look up more, but it is a thing.

Income averaging for special professionals 2020

If you are an artist, composer, writer, inventor, performer, production associate or sportsperson, this guide will explain special averaging provisions which may apply to your income.

www.ato.gov.au

 

[Dudersaurus]

Interesting concept .....not sure the Tax Dept agrees

Yeah, they do.

 

[1970crow]

excellent i will look into this! thanks

You seemed to already know it. Odd that you'd done no research whatsoever and yet knew everything about it.

 

[crow2crow]

You seemed to already know it. Odd that you'd done no research whatsoever and yet knew everything about it.

it sounds dodgy thats all. im glad i was corrected...

 

[1990crow]

This would be the dream then pick 2 free agency compo take Hollands

 

[Horseflee]

Brad Crouch will declare intentions to leave the club before the weekend

 

[Crow till I die]

I wonder if the club thinks he (O'Driscoll) will slip out to our 2nd round pick?

 

[Pugsley]

Brad Crouch will declare intentions to leave the club before the weekend

Hedging your bets?

 

[relapse]

I heard Rowie this morning say that John Olsen will be confirmed as the new AFC Chairman within the next 48 hours.

Absolute joke

As always with this club it's two steps forward, two steps backs.

Maybe he'll bring in Motorola as a sponsor