From the international travel to insurance, contracts, associated expenses and busy schedules that is all part of an Australian rugby player’s life, completing a tax return is a little different and therefore not as straightforward.
But like all working Australians it is still a requirement.
Step in Hall Chadwick.
As one of the largest and most experienced tax and accounting groups in the country, servicing clients in every major capital city in Australia, Hall Chadwick have been a key component of RUPA’s partner portfolio, assisting and advising players with their financial health since late 2013.
Since then, some of Hall Chadwick’s key experts and advisors have networked with various groups of Australia’s professional rugby players, including the Men’s and Women’s Sevens, providing their unique knowledge on taxation processes.
They also play a big part at RUPA’s annual Induction Camp for newly signed rookies, ensuring they have the understanding and access to Hall Chadwick personnel from the very start of their professional rugby careers.
Together, RUPA and Hall Chadwick are determined to ensure Australia’s professional rugby playing group are provided with any and all of the advice, information and help required for players to have peace of mind in completing their tax returns year after year.
“An accountant’s role has changed. Or should I say, some accountant’s roles have. Remember, a tax return is just a history lesson, but a good adviser can give guidance on business opportunities that do or might get offered to players and coaches, as well as developing an off-field plan for cash flow and life after professional sport. So I would tell all players to ask us how we can help you,” David Kenney, partner at Hall Chadwick said.
“Like all of our partners, we’re really pleased to have Hall Chadwick on board as experts in their field to assist our professional playing group,” RUPA CEO, Ross Xenos said.
“Tax is often the last thing on all of our minds. Wading through tax returns can be a difficult and daunting process, especially for professional athletes who are exposed to a raft of specialist tax rulings and classifications.
“Hall Chadwick have worked hard to develop relationships with players and their agents. With offices and knowledgeable consultants located across the country, they are able to provide players in each state access to their expertise if and when required.”
In addition to tax advice, Hall Chadwick also provides financial Health Checks and planning advice for players year round. As part of the agreement with RUPA, players can access these services through Hall Chadwick’s personal and qualified experts at discounted rates.
Players who’d like more information on utilising Hall Chadwick for their tax returns, should contact RUPA Player Relations Manager, Patrick Phibbs, or the Player Development Manager at their Super Rugby Club.