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fade
Posts: 2751
Location: Brisbane, Queensland
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expecting 2grand refund.
Thailand here i come. |
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| #0 04:20pm 01/07/07 |
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system
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shad
Posts: 1929
Location: Brisbane, Queensland
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2g return, motorbike here I come.
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| #1 04:21pm 01/07/07 |
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Scooter
Posts: 885
Location: Brisbane, Queensland
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I dont think I paid enough Hecs fees so I think i'm going to have a very small (maybe negative) return. :(
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| #2 04:25pm 01/07/07 |
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Spook
Posts: 18978
Location: Brisbane, Queensland
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signed up for private health insurance this year, plus on call
so expecting large amounts of cash |
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| #3 04:31pm 01/07/07 |
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infi
Posts: 6387
Location: Brisbane, Queensland
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Thailand here i come. sex change? |
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| #4 04:54pm 01/07/07 |
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nF
Forum Hero
Posts: 13172
Location: Wynnum, Queensland
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2 grand refund, cocaine and hookers here i come
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| #5 05:02pm 01/07/07 |
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Suckah-Free
Posts: 7639
Location: Indonesia
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hihi
question: i pad over 5k in tax this year with this new job, but i've got a hecs debt, will my refund go straight into paying for hecs? will i see any of the tax return? Kind regards, The ring master. edit: nm http://www.ato.gov.au/individuals/content.asp?doc=/content/76482.htm&page=14&H14 kind regards, the tax master. last edited by Suckah-Free at 17:42:33 01/Jul/07 |
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| #6 05:42pm 01/07/07 |
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Fubar
Posts: 261
Location: Brisbane, Queensland
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oh yeah i should get a min 2g's but hoping for close to 3 oh yeah new bike gear and exhaust for me
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| #7 05:44pm 01/07/07 |
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CHUB
Posts: 2484
Location: Brisbane, Queensland
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I'm expecting $500, yay!
Either getting a Tascam for recording, a new video card or maybe a cutlass. |
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| #8 05:45pm 01/07/07 |
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sheep_pimp
Posts: 600
Location: Brisbane, Queensland
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This reminds me, I now have 3 years of returns to put in. I really better get onto it.
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| #9 05:58pm 01/07/07 |
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Burgz
Posts: 2370
Location: Brisbane, Queensland
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Ive paid about $2000 in tax, i wonder how much ill get back?
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| #10 06:00pm 01/07/07 |
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CHUB
Posts: 2485
Location: Brisbane, Queensland
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Ive paid about $2000 in tax, i wonder how much ill get back?Just work it out... if you know your gross earnings, suss out your tax bracket... you will get a rough idea. |
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| #11 06:03pm 01/07/07 |
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sc00bs
Posts: 2480
Location: Brisbane, Queensland
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payed around $3500
worked for cash for a while and spent the money i put away for tax =( will probably end up owing money :( |
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| #12 06:40pm 01/07/07 |
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paveway
Posts: 5425
Location: Brisbane, Queensland
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wait... you declared that you earnt cash money ?
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| #13 06:49pm 01/07/07 |
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BigZub
Posts: 4671
Location: Brisbane, Queensland
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while i was working at the ATO.. i wasn't claming the tax free threshold, when i should have, (did it on purpose) so i should be getting a large return... hopefully anyways..
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| #14 06:50pm 01/07/07 |
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whoop
Posts: 11512
Location: Brisbane, Queensland
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I never get any tax back
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| #15 08:07pm 01/07/07 |
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Tim Tibbetts
Posts: 1841
Location: Brisbane, Queensland
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I want to know how you guys can get $2k back, that's insane. I'm only going to be getting around $300-$500 :(
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| #16 08:10pm 01/07/07 |
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HeardY
Gaelic newb
Posts: 14779
Location: Ireland
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end of fin year for me just means a mental month for July, 7 days a week at work, 10+ hours a day in the office, good times, good times...
that was when I was in Aus :p Now, it doesn't impact me as much although I was there until 11:30pm on Friday night preparing s*** for FYE :/ |
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| #17 08:25pm 01/07/07 |
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fade
Posts: 2752
Location: Brisbane, Queensland
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I want to know how you guys can get $2k back, that's insane. I'm only going to be getting around $300-$500 :( Full time student, so i dont earn much for 8 mths of the year during the holidays I work 50+ hrs a week, clearing over 1k. paying s***loads of tax |
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| #18 08:33pm 01/07/07 |
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scooby
Posts: 3266
Location: Brisbane, Queensland
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any hot tips for getting the maximum back from the dirty govt?
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| #19 08:35pm 01/07/07 |
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paveway
Posts: 5427
Location: Brisbane, Queensland
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yeah word to that
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| #20 08:35pm 01/07/07 |
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Fubar
Posts: 263
Location: Brisbane, Queensland
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the best way is to keep all your recipts for everything.
some things i can claim. 60 odd cents a k between jobs so i get about 20-30 bucks a day just to drive to work even if it is just for an hour. i can claim laundry expenses because my work has a uniform. any work clothes boots shoes etc i can claim on tax. plus other s*** i don't worry about till next week |
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| #21 09:05pm 01/07/07 |
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infi
Posts: 6395
Location: Brisbane, Queensland
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any hot tips for getting the maximum back from the dirty govt? be reallly dodgy, and then pray |
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| #22 09:44pm 01/07/07 |
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Spook
Posts: 18979
Location: Brisbane, Queensland
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haha, im going the infi route again
claim maximum everything without receipts i can k's is like a couple of thousand on its own |
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| #23 09:48pm 01/07/07 |
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infi
Posts: 6396
Location: Brisbane, Queensland
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i always claim 3000km fast way to get mega $$. GET RICH NOW.
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| #24 09:51pm 01/07/07 |
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Fubar
Posts: 264
Location: Brisbane, Queensland
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yeah k's ftmfw
i think i have got 80% of my tax back for the last 5 years |
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| #25 11:14pm 01/07/07 |
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r_mazing
Posts: 1137
Location: Brisbane, Queensland
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Just an FYI You can claim up to 5000km using the cents per km method. You can caculate the number of business kilometres traveled with a resonable estimate, i.e no real proof.
If you have more than 5000km of business related travel you can potentially deduct even more with other methods, such as 1/3 actual expenses (including depreciation) or the 12% of original value but these require substantiation of the expenses. |
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| #26 11:31pm 01/07/07 |
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infi
Posts: 6397
Location: Brisbane, Queensland
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just beware of raising flags because once the ATO starts looking they won't stop until you are completely ruined.
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| #27 11:39pm 01/07/07 |
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sc00bs
Posts: 2481
Location: Brisbane, Queensland
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wait... you declared that you earnt cash money ? i have an abn which my boss recorded and would have recorded down how much he payed me each week. |
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| #28 06:50am 02/07/07 |
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Spook
Posts: 19011
Location: Brisbane, Queensland
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http://www.ato.gov.au/individuals/pathway.asp?pc=001/002/014
got my etax notification the other day, its ready for dl cant get over how awesome etax is last year i was even able to dl all my managed funds info straight from the funds websites, into etax |
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| #29 06:13pm 05/07/07 |
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Burgz
Posts: 2374
Location: Brisbane, Queensland
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Did a quick estimate, and 3k tax, get about $1300 back. Hmmm, how to get more :)
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| #30 09:31pm 05/07/07 |
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spidz
Posts: 9986
Location: Brisbane, Queensland
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$40k tax.
Deducting about $7k, but will probably have to pay some CGT :( |
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| #31 11:27pm 05/07/07 |
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Mr Hardware
Posts: 1883
Location: Brisbane, Queensland
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damn, like $12K tax. I want to get a grand back, new PC for me pls mr tax man
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| #32 08:09am 06/07/07 |
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dafugg
Posts: 1382
Location: Brisbane, Queensland
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I get shafted by hecs repayments to the tune of about 130 a week. The course was f***ing useless... QUT should have paid me for turning up :)
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| #33 08:44am 06/07/07 |
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Obes
Posts: 5245
Location: Brisbane, Queensland
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How long does an employer have to get you your group certificate ? 2 weeks ?
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| #34 08:45am 06/07/07 |
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infi
Posts: 6452
Location: Brisbane, Queensland
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pretty much. i process them in the first pay after june 30.
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| #35 09:01am 06/07/07 |
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Denny
Posts: 3143
Location: Brisbane, Queensland
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60 odd cents a k between jobs so i get about 20-30 bucks a day just to drive to work even if it is just for an hour. I always thought you could only claim KMs that you drive while at work, not your daily commute to and from work. |
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| #36 09:15am 06/07/07 |
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Mr Hardware
Posts: 1884
Location: Brisbane, Queensland
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that's correct, unless you're on call or something like that
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| #37 09:49am 06/07/07 |
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Obes
Posts: 5246
Location: Brisbane, Queensland
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I also believe its possible as an education expense, where you sometimes work from home, and your education will result in you getting better pay. You can claim work - study - home, or work - study - work, or home - study - work. But I'd check that one with an accountant. I know I used to via an account a few years ago.
You can also claim any expense (including mileage) incurred while doing your tax return. AFAIK |
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| #38 10:52am 06/07/07 |
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benneth
Posts: 1195
Location: Brisbane, Queensland
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How long does an employer have to get you your group certificate ? 2 weeks ? July 14th |
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| #39 12:18am 07/07/07 |
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Burgz
Posts: 2376
Location: Brisbane, Queensland
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I always thought you could only claim KMs that you drive while at work, not your daily commute to and from work. You can claim the k's driving between first and 2nd job |
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| #40 11:38am 07/07/07 |
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BigZub
Posts: 4675
Location: Brisbane, Queensland
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burgz is on the ball!
heh i used to work for the ato, bunch of scums. anyways.. normally employers have them out within 2 weeks, but they have until august 18th.. |
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| #41 12:53pm 07/07/07 |
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orbitor
Posts: 7325
Location: Brisbane, Queensland
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tax refund coming up for the first time in years...also exciting is this year should see off the last of my HECS debt.
Probably put it straight into the mortgage :'( |
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| #42 10:21am 09/07/07 |
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Spook
Posts: 19035
Location: Brisbane, Queensland
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wow, u must have had some mega hecs debt orbs
i paid my hecs debt off years ago |
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| #43 04:07pm 09/07/07 |
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paveway
Posts: 5504
Location: Brisbane, Queensland
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you are old though
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| #44 04:15pm 09/07/07 |
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Spook
Posts: 19036
Location: Brisbane, Queensland
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very true (in my defense, i paid my hecs back years ago)
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| #45 04:33pm 09/07/07 |
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Persay
Posts: 4628
Location: Other International
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got a letter warning me about not claiming too much work related expenses. claimed 510 or something without any documenation w00t
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| #46 04:43pm 09/07/07 |
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Frag
Posts: 1837
Location: Queensland
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yay
payed 5k tax, e-tax says i get $130 back. Wow i musta f***ed up :/ |
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| #47 06:06pm 09/07/07 |
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Persay
Posts: 4629
Location: Other International
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constant paycheck means no refund newb
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| #48 06:09pm 09/07/07 |
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Spook
Posts: 19037
Location: Brisbane, Queensland
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dont sweat it persay
ive had that letter a few times over the years |
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| #49 06:12pm 09/07/07 |
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Suckah-Free
Posts: 7664
Location: Indonesia
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I worked 9 months of the financial year and getting only getting back 1.5k out the the 5k that i paid in tax.
I got mountain Dewed! last edited by Suckah-Free at 19:37:28 09/Jul/07 |
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| #50 07:37pm 09/07/07 |
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CHUB
Posts: 2610
Location: Brisbane, Queensland
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I'm under the lowest tax bracket (I think it's like $12,000).
So I get my $500 I pay in tax a year back ;) Government gets none of my money. |
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| #51 07:34pm 09/07/07 |
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Obes
Posts: 5253
Location: Brisbane, Queensland
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Well then, next time you get arrested, you can't say "I pay your wages pig!"
Dunno how you will encourage them to give you a strip search now... maybe you should show them your knife ... or your drugs ... or both |
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| #52 08:44am 10/07/07 |
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orbitor
Posts: 7326
Location: Brisbane, Queensland
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wow, u must have had some mega hecs debt orbs I deferred all payments, and had a total HECS debt of something like $27K or so I think I was. I'm 27 now and due to my income am paying the highest compulsory repayment (8% of income I think?). |
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| #53 08:58am 10/07/07 |
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step
Posts: 1316
Location: Brisbane, Queensland
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Does anyone know how much one can claim on travel expenses relating to work without having receipts?
Found out I can claim a portion of fuel expenses for work, bit late now in keeping the receipts :(. |
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| #54 09:40am 10/07/07 |
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Obes
Posts: 5254
Location: Brisbane, Queensland
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... tax advice, medical advice, solutions to geopolitical instability, a storms coming and msn is down ....
Go talk to an accountant, cos "CHUB on QGL told me could" is not a defence. |
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| #55 09:44am 10/07/07 |
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Jim
Posts: 6086
Location: Brisbane, Queensland
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never, EVER listen to obes - he is crazy, old and drunk
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| #56 09:46am 10/07/07 |
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CHUB
Posts: 2611
Location: Brisbane, Queensland
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lol Obes, do you and paveway have some sort of secret crush on me or something?
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| #57 09:50am 10/07/07 |
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paveway
Posts: 5508
Location: Brisbane, Queensland
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nah we just think you're a tool
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| #58 10:06am 10/07/07 |
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CHUB
Posts: 2613
Location: Brisbane, Queensland
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Well you're spending a lot of time replying to my posts.
Do I mean that much to you? Seems very suss. On topic, I think my employer sent my certs. to my old address, is there anyway I can request new ones (incase they don't get redirected)? |
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| #59 10:45am 10/07/07 |
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TicMan
Posts: 2382
Location: Brisbane, Queensland
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Does anyone know how much one can claim on travel expenses relating to work without having receipts? Maximum of 5000kms then it's $0.xx per km depending on the size of your engine. |
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| #60 10:53am 10/07/07 |
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paveway
Posts: 5510
Location: Brisbane, Queensland
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Well you're spending a lot of time replying to my posts. ya it's fun |
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| #61 06:00pm 10/07/07 |
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Spook
Posts: 19039
Location: Brisbane, Queensland
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and paveway doesnt have much else going on
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| #62 06:30pm 10/07/07 |
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system
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| #62 |
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