by retired60 » Sun Oct 15, 2023 4:55 pm
by Lightning McQueen » Sun Oct 15, 2023 10:00 pm
Trader wrote:
The hobby rule used to be capped at $3k.
I think they changed that now, and it's more about the intent, it's wishy washy.
I think there is some line about if you're doing it for enjoyment (and happen to get money), then it's a hobby, but if you're doing it for the cash, then its clearly taxable.
I think they changed the rules when the 'gig' economy started to take off. Think Uber, airbnb, webcaming, etc. These are 'casual' forms of income, but all done for the purpose of earning money, more than the enjoyment of the activity.
I think sport umpiring is still a grey area.
I suspect if you're doing one game once a week, and paying tax on a regular job, then no worries.
If you're doing 4 games a weekend, and have no other source of income (or only minimal), then they'd be far more likely to rule it as your job and want you to pay tax on it.
*this is not financial advice and you should seek out an expert opinion*
by LaughingKookaburra » Mon Oct 16, 2023 5:13 am
Lightning McQueen wrote:Trader wrote:
The hobby rule used to be capped at $3k.
I think they changed that now, and it's more about the intent, it's wishy washy.
I think there is some line about if you're doing it for enjoyment (and happen to get money), then it's a hobby, but if you're doing it for the cash, then its clearly taxable.
I think they changed the rules when the 'gig' economy started to take off. Think Uber, airbnb, webcaming, etc. These are 'casual' forms of income, but all done for the purpose of earning money, more than the enjoyment of the activity.
I think sport umpiring is still a grey area.
I suspect if you're doing one game once a week, and paying tax on a regular job, then no worries.
If you're doing 4 games a weekend, and have no other source of income (or only minimal), then they'd be far more likely to rule it as your job and want you to pay tax on it.
*this is not financial advice and you should seek out an expert opinion*
I know blokes that do 5 0r 6 games a weekend and earn over $700 for it, I've never known anyone to pay tax on it, I used to smash out heaps of games over a weekend for 3 different leagues, they don't tax it because you could then claim petrol, laundry, shoes etc.
Average Joe wouldn't bother doing it they you were taxed, I still do 3 games most Saturday's in a country league, the money isn't great but I do it to help them out, stop being fat and it stops me from having a beer and a punt until 3pm.
by Armchair expert » Wed Oct 18, 2023 12:44 pm
by Chappy » Wed Oct 18, 2023 1:02 pm
Armchair expert wrote:They are running ads on redditswwwtttt.JPG
by woodublieve12 » Wed Oct 18, 2023 1:48 pm
by Jimmy_041 » Wed Oct 18, 2023 2:13 pm
by The Bedge » Wed Oct 18, 2023 2:46 pm
Dolphin Treasure wrote:Your an attention seeking embarsement..
by jo172 » Fri Oct 27, 2023 5:09 pm
by Jimmy_041 » Sun Oct 29, 2023 1:01 pm
jo172 wrote:Could be a good ploy.
Not being able to raise money to defend yourself against salary cap breaches could be circumstantial evidence that no breaches occurred
by Fricky » Tue Nov 07, 2023 9:56 am
by The Bedge » Tue Nov 07, 2023 9:59 am
Fricky wrote:“Coming out of Payneham I feel I know what it takes to turn a team around,” he said.
“I’ve got no expectations to turn Gaza around quickly but I know what hard work and togetherness can bring to a club and to a team.”
Dolphin Treasure wrote:Your an attention seeking embarsement..
by Yank Man » Tue Nov 07, 2023 5:53 pm
The Bedge wrote:Fricky wrote:“Coming out of Payneham I feel I know what it takes to turn a team around,” he said.
“I’ve got no expectations to turn Gaza around quickly but I know what hard work and togetherness can bring to a club and to a team.”
Pretty rich coming from a guy who walked out on his last A grade role before the season started because he deemed it in the too hard basket.
by Fricky » Wed Nov 08, 2023 9:23 am
by The Bedge » Wed Nov 08, 2023 10:30 am
Dolphin Treasure wrote:Your an attention seeking embarsement..
by Gozu » Wed Nov 15, 2023 7:07 pm
by whufc » Thu Nov 16, 2023 10:15 am
bubba love wrote:This is getting silly
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