NTAA Hot Spots Series Seminars – included for Gold Members, click here for more information.

Online seminar available now.

The increasing commercialisation of sport in Australia has opened the door for many athletes to pursue full-time professional careers.  With this shift comes a unique set of tax challenges and opportunities.

This seminar unpacks the critical tax implications of payments or benefits received by sportspeople, while highlighting valuable deductions not typically available to other clients. 

It is essential knowledge for any accounting practice working with today’s sporting elite.

Topics Covered:

• When does a sportsperson’s activities shift from a ‘hobby’ to ‘professional’?
• Dealing with tax issues on payments and benefits received by a sportsperson
• Surprising results for claiming travel between home and sportsgrounds 
• ATO confirms traps with sportspeople claiming player agent/manager fees
• Landmark case offers lifeline for sportspeople claiming fines and penalties! 
• What is income averaging for sportspeople and how does it work?

Bonus – All delegates receive:

• Detailed seminar notes
• NTAA checklists which provide a unique snapshot of all the important income and expense issues that need to be considered when advising professional athlete clients