Peter Donovan
Peter Donovan
australian business classified conduct derived difficult excel fact fatal hobby income mere particular poker pursuit result subject tax thus
As a result of this finding, the poker winnings were classified as income derived from a hobby, and thus not subject to Australian tax. The distinction between the conduct of a business and the mere pursuit of a hobby is often a difficult distinction to draw. However, the fact that you excel at a particular hobby should not be fatal for tax purposes.
business conduct difficult excel fact fatal hobby mere particular pursuit tax
The distinction between the conduct of a business and the mere pursuit of a hobby is often a difficult distinction. However, the fact that you excel at a particular hobby should not be fatal for tax purposes.
afford amount brings loans misleading mortgage people taking telling
Lenders don't like people taking out unsecured loans for their deposit. A substantial loan brings down the amount of mortgage you can afford to borrow, and if you try to get an unsecured loan without telling the mortgage lender, you are deliberately misleading your lender.
although perception worried
I'm actually not worried about it, although I'm a little worried about the perception of it.
difficult drive energy jerry truly work
Jerry is doing really, truly groundbreaking work that is difficult to get funded because it's so expensive. You need someone with his kind of drive and energy to do that.
five four hours poker tennis watch
He was a full-time mortgage-broker and poker was a pursuit. He was doing about four or five hours a week, just like we would play tennis or watch TV.