Renegade
State of Origin Captain
Contributor
- Mar 14, 2008
- 9,260
- 11,915
You'd assume Sammy would be our most marketable player by some margin and for good reason too.
Can someone explain what the TPA are and how it works please.
Can someone explain what the TPA are and how it works please.
Episode VII
The Phorce Awakens
It is a troubling time for the Jedi. With a groundswell of anti-religious sentiment, the legitimacy of the Force itself is questioned, leading to a new term “The Phorce”, suggesting there is no such power and it has all been a ploy to brainwash weak minds.
2 things. First, if the Roosters players don’t have any TPA’s I’ll walk from here to Perth, nude. Second, the only way to fix the rorts is for the NRL to require the players’ tax returns.
If the players’ tax returns were provided they’d have caught the storm in 5 minutes.
Personally I think the salary cap is bullshit and it should be turfed. It just protects the poorly run clubs.
Lodge could always do advertising for a security door company.If the figure of 93 players is accurate that's 5-6 a club. The $3.76 million is $235,000 a club. It't not going to be even obviously because players like Smith and Slater are going to command so much more of that $3.76 million pie while Lodge is not getting any of it.
2 things. First, if the Roosters players don’t have any TPA’s I’ll walk from here to Perth, nude. Second, the only way to fix the rorts is for the NRL to require the players’ tax returns.
If the players’ tax returns were provided they’d have caught the storm in 5 minutes.
Personally I think the salary cap is bullshit and it should be turfed. It just protects the poorly run clubs.
They should, or they are committing offences which carry significant penalties (like, jail).Players tax returns won’t include cash payments
the issue with scrapping the salary cap is we would end up with 4 to 6 teams playing in the nrl.
broncos, roosters, storm, cows and maybe dogs and eels - although if the eels leagues club ever pulled their funding the footy club would be cooked. the others wouldnt survive
the issue with scrapping the salary cap is we would end up with 4 to 6 teams playing in the nrl.
broncos, roosters, storm, cows and maybe dogs and eels - although if the eels leagues club ever pulled their funding the footy club would be cooked. the others wouldnt survive
They should, or they are committing offences which carry significant penalties (like, jail).
Very much doubt the players are bright enough to outsmart the ATO.
Many many tradies are "bright" enough to outsmart the ATO. It's cash - it's untraceable, that's the point.
Tax records also don't show the other tactics used to bypass the salary cap - @007 alluded to rent, but it can extend much further. Like the rumoured properties that were able to be purchased by certain players for way below market value. Or like, boats arriving on someone's driveway ("It's my uncle's"). And let's not forget that the player's managers are a big part of all this - after all, all the money goes through them whether it's above board or not. Black money can simply be payed to the manager, who then transfers it to dodgy accounts or to buy whatever it is the player would otherwise purchase themselves.
The tax office has caught far brighter people than these clowns. I tell you, their data matching stuff is amazing.
The "it's my uncle's" - that's called a fringe benefit (fringe benefits tax). Provision of rent or a rent reduction is an fb too.
And if the clubs are paying under the table, then their payroll tax isn't up to date.
BTW if tax records won't reveal rorts, why do the players always seem to buck about the NRL seeing them.
Player's and clubs audited (by an auditor, say KPMG) tax records must be delivered to NRL HQ each year. Club fails, out of the comp for the next year. Player fails, automatic deregistration for a year. Fail again, permanent bans.