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Rugby League
Brisbane Broncos Talk
Round 7 - Broncos vs Storm
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[QUOTE="Morepudding, post: 2929990, member: 8923"] Because of Tax. If the Broncos are paying the family directly, then Lodge wouldn't be taxed. If the broncos gave the money to lodge, and then he paid the family, he would be taxed on it. Australian tax rate is 45% on income over $180k. So if lodge was to pay $250,000 himself to the family, that would actually be about $450k of income, minus the tax. So if the Broncos paid Lodge $250k, and $250k directly to the family, it would count as $500k under the salary cap, but have the same impact of lodge earning $700k. Does that make sense to you now? It's a pretty simple concept... [/QUOTE]
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Rugby League
Brisbane Broncos Talk
Round 7 - Broncos vs Storm
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