More Rugby Shame

[Copper_pipe]

The soccer lads might fix a few matches for tax free cash.

[Locke]

Is that tax system not the same one availed by those playing football professionally in the League of Ireland?

@Rocko

It’s also a benefit of our rugby friendly tax system which gives the players €40% or their annual income here tax free I think. The humble taxpayer is propping up the sport.

[TheUlteriorMotive]

Few enough of those lads make enough to pay tax

Rugby players buying pubs and property all around town on the back of very generous tax breaks is a hard one to justify.

[gilgamboa]

@flattythehurdler

That is still utterly bizarre.

There is a tax scheme for artists I suppose why wouldn’t sports get support

[TheUlteriorMotive]

It’s the uncapped nature of it (I think it’s uncapped) - percentage of income that’s hard to justify.

Is that available for podcasters cc @myboyblue

[gilgamboa]

I’d say if there was a podcasting exemption ól tubs and the rte radio crew would find a way to use it

[LionelRitchie]

I thought the tax was only returned if they finished a 10 year career in Ireland? It’s why the likes of Zebo came home at all, playing last couple of years meant he’d make the 10 years here & get all previously paid tax back on retirement?

[gilgamboa]

@TheUlteriorMotive

It’s the uncapped nature of it (I think it’s uncapped)

Uncapped but limited to your wages. You can’t claim on sponsorship payments… If you earned 300k a year for 10 years it would be worth 1.2m to you… There isn’t a dozen fellas have earned 3m off the IRFU I’d say since the game went pro. Its probably way more material for a fella bumping along the road on 100k a year knowing you will be able to clear the mortage out of it

[gilgamboa]

@LionelRitchie

thought the tax was only returned if they finished a 10 year career in Ireland? It’s why the likes of Zebo came home at all, playing last couple of years meant he’d make the 10 years here & get all previously paid tax back on retirement?

No you must be living in the EU now just

[Raylan]

You can claim from your best ten of the last fifteen years, as long as you retire in Ireland

About the relief

[gilgamboa]

@Raylan

You can claim from your best ten of the last fifteen years, as long as you retire in Ireland

As above that’s changed now. But you can only reclaim tax you paid here so makes sense to come back if you can earn more than you would have in some of the best other years if you know what I mean

[LionelRitchie]

@gilgamboa

But you can only reclaim tax you paid here

Why if it’s anywhere in the EU?

[Rocko]

@LionelRitchie

@gilgamboa

But you can only reclaim tax you paid here

Why if it’s anywhere in the EU?

You just have to live in the EU when you retire. The tax relief is on money earned in Ireland.

[BruidheanChaorthainn]

It’s very easy to justify

[Rocko]

@gilgamboa

@flattythehurdler

That is still utterly bizarre.

There is a tax scheme for artists I suppose why wouldn’t sports get support

I don’t think anybody would object to sports people getting support. It’s the rugby players many of us take issue with.

[Rocko]

@TheUlteriorMotive

Few enough of those lads make enough to pay tax

Rugby players buying pubs and property all around town on the back of very generous tax breaks is a hard one to justify.

That’s the problem alright. A short career but additional income in the short term encourages property investment. Our whole financial and tax system is setup to incentivise and encourage investment in property. And it’s having the expected outcome.

[BruidheanChaorthainn]

The Irish being obsessed about ownership and copying everything they do in America isn’t rugby’s fault.

[TreatyStones]

It’s a small country that struggles to sustain professional sports. I’d have no issue with Government having incentives to help people earn a living in this country. Similar to artists, writers etc. They are niche industries but very important to who we are.

[myboyblue]

@binkybarnes

@flattythehurdler

That is still utterly bizarre

I think its down to the relatively short careers of professional sports people. A lot of the rugby and soccer lads would not be on huge money.

Whats the excuse for horse racing?

[myboyblue]

@TheUlteriorMotive

It’s the uncapped nature of it (I think it’s uncapped) - percentage of income that’s hard to justify.

Is that available for podcasters cc @myboyblue

Some podcasters fluffed the pension fund while playing thanks to generous Club supports.