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Money Tax changes to hit rugby, soccer hardest

02:07  12 may  2018
02:07  12 may  2018 Source:   msn.com

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The Australian Athletes Alliance says the "viability" of Australian sport is under threat from proposed tax changes in the federal budget.

The ability of the A-League to attract marquee players like Italian legend Alessandro Del Piero and Rugby Australia’s ability to retain players could be hurt by tax changes for athletes. Write CSS OR LESS and hit save.

  Tax changes to hit rugby, soccer hardest © Reuters Rugby union's player drain to Europe could intensify and the A-League's bid to attract more marquee players become even tougher as a result of proposed tax changes in the federal budget which have "blindsided" Australia's elite athletes.

The Australian Athletes Alliance (AAA) has written to Treasurer Scott Morrison requesting an urgent meeting to discuss measures it says will "undermine the viability of Australia's sporting industry."

The changes would stop all athletes - including semi-professionals, aspiring Olympians and the elite - from reducing their tax bill by licensing their name and image rights to another entity.

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Rugby vs Soccer . Soccer is one of the most popular sports in the world, and is commonly known as football. But that changed with rugby , as the goal was changed so that it is now just having to kick the ball over the bar, as opposed to inside a net.

You're viewing YouTube in Russian. You can change this preference below. Не сейчас. 3 мес бесплатно. Hard Soccer (Football) Hits and Tackles.

The effect is that portion of their earnings from sponsorships and the like would no longer be taxed at the lower company tax of 27.5 per cent and would be included in their assessable income.

While the impact would be significant for all sports - especially women's athletes, whose image-related income can sometimes exceed their actual salaries - it is likely to hit codes played internationally the hardest.

That includes rugby and soccer, which already face challenges in keeping top Australian talent in the country.

Rugby Union Players Association CEO Ross Xenos fears it will only encourage more Australians to head to countries like France, England and Ireland, which have more favourable tax systems for athletes.

SA to turn back on Super Rugby?

  SA to turn back on Super Rugby? British and Irish media are reporting that South Africa are set to pull out of Super Rugby and align with Celtic tournament the Pro 14. Super Rugby discards the Southern Kings and Cheetahs joined the Pro 14 competition, that features Irish, Welsh and Scottish teams, this year and it's being reported that the Sharks will join next, followed by the Bulls, Lions and Stormers by the start of the 2020/21 season.The reports suggest South African rugby has grown increasingly disillusioned with Super Rugby.

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"Retaining our top talent is, year on year, becoming a bigger challenge as the European markets grow their commercial capacity," Xenos told AAP.

"These sorts of image rights structures have been important. Without them we either need to accept the fact we won't be able to keep as many of our top athletes.

"Or, if to maintain a competitive roster of our top players for international success of the Wallabies, this change to tax interpretation would put inflationary pressure on player salaries, which further undermines the money sport can invest in community and grassroots."

Similarly, Professional Footballers Australia chief John Didulica said soccer will struggle to keep players in Australia, as well as bring big names like Alessandro Del Piero to the country.

"It's not like the players have concocted some sort of exotic scheme to avoid paying their full whack of tax," Didulica told AAP.

"These are principles that have been in place, legally, for decades.

"We're now giving players another reason to leave Australia and go to other markets."

AAA general secretary Jacob Holmes suggested the implications of the move hadn't been "fully considered" by the government.

Rugby - Australia lock Arnold to miss opening match of Ireland series .
Brumbies lock Rory Arnold will miss Australia's first test against Ireland as he has been suspended for three weeks after being shown a red card in Saturday’s 42-24 Super Rugby loss to the Lions, officials said on Sunday. Arnold, who had already spent 10 minutes in the sin-bin in the first half, was shown a straight red card for a dangerously high tackle on Lions flyhalf Elton Jantjies.Arnold had a potential six-week ban reduced to three weeks because of his previous clean record."A dangerous high tackle, merited a mid-range entry point of six weeks," SANZAAR, the body which operates Super Rugby, said in a statement.

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