I owe tax... and lots of it! - Ford Forums - Mustang Forum, Ford Trucks, Ford Focus and Ford Cars
The Pub For General Discussion

Reply
 
LinkBack Thread Tools Display Modes
post #1 of 28 (permalink) Old 07-16-03, 09:45 PM Thread Starter
I am a Turbo Wanker
 
YOOT's Avatar
 
Join Date: Jun 2002
Location: Brisbane
Age: 34
Posts: 2,379
I owe tax... and lots of it!

I just did my tax and it works out I have to pay $1800 to the governement!! What the ****!! I am a full time uni student, how they hell do i owe them that! I am seriously broke!

256rwkw @ 1920kgs
YOOT is offline  
Sponsored Links
Advertisement
 
post #2 of 28 (permalink) Old 07-16-03, 10:01 PM
{';'}
 
XRated's Avatar
 
Join Date: Jan 2003
Location: A Shoe
Age: 32
Posts: 4,356
Sh!t! I feel for you. I'm getting money back :D Can't complain.


Quote:
Originally Posted by Sundeep
Eh Yagz, suck my left teste mate I'll have boost for $1k, even if it is only 1 pound.

Check my ride, HERE
XRated is offline  
post #3 of 28 (permalink) Old 07-16-03, 10:08 PM
Senior Events Moderator
 
AU1SIXA's Avatar
 
Join Date: Feb 2002
Age: 35
Posts: 1,710
Re: I owe tax... and lots of it!

Yeah i bet they gave you austudy or youth allowence and did not tell you that you had to pay tax on it. Then when tax comes around hou have to pay a certian percent of what you earnt over the last finantial year because you did not elect to get tax taken out

BSR (LPG BIATCH, SPER-MIN-ATOR, PEPPER BIATCH)
TEAM GALAXY(Co-Founder)
FF EVENTS ORGANISER
AUPS
AU1SIXA is offline  
post #4 of 28 (permalink) Old 07-16-03, 10:13 PM
***** Idiot....
 
LunaticSVT's Avatar
 
Join Date: Feb 2001
Location: The Sticks of Central TX
Posts: 10,560
Re: I owe tax... and lots of it!

Damn that has to suck. Sorry to hear about it.
LunaticSVT is offline  
post #5 of 28 (permalink) Old 07-16-03, 11:00 PM Thread Starter
I am a Turbo Wanker
 
YOOT's Avatar
 
Join Date: Jun 2002
Location: Brisbane
Age: 34
Posts: 2,379
I've just been to see a professional and they recon that I can ditch about $500 of that, and then claim some more stuff that will reduce it heaps. The annoying thing is I have to pay HECS because I earnt over the maximum ammount of $24K for the year. So that makes me pay at least $950!

Bastards! I want my life to be normal! Why do I have to be penalised for working hard?!?!


256rwkw @ 1920kgs
YOOT is offline  
post #6 of 28 (permalink) Old 07-17-03, 12:28 AM
Registered User
 
davocol's Avatar
 
Join Date: Apr 2002
Location: Melbourne
Age: 35
Posts: 765
Re: I owe tax... and lots of it!

You can claim hardship and avoid paying the HECS amount if you really need the money. I dont think it would take to much of a letter to avoid it. If you word it correctly with the advice of your accountant it should be fine.

One of the most frustrating things with youth allowance is that if you earn over the threshold and dont work at all you dont pay tax on it but if you work for say a week then you pay tax on the whole amount its complete rubbish.

Although if you earnt over 24k as a uni student then you cant be doing to badly. Some full time people dont earn over that.

Now the proud owner of an AU xr8 220... OHHH YeAh
davocol is offline  
post #7 of 28 (permalink) Old 07-17-03, 12:57 AM
Veteran Ford Member
 
Join Date: Jan 2003
Location: Melbourne, Australia
Age: 30
Posts: 5,083
Re: I owe tax... and lots of it!

Youth allowance is a bloody joke, that thing need reforms badly. I know someone who had a job, quit, not because of study commitments, but still manages to get 190 bucks a fortnight from centrelink for doing SFA.

What a joke.
psycho chicken is offline  
post #8 of 28 (permalink) Old 07-17-03, 01:05 AM
Champion Goose
 
Join Date: Jun 2001
Location: Wavell Heights, Queensland
Age: 34
Posts: 398
roll Re: I owe tax... and lots of it!

Quote:
Originally Posted by psycho chicken
Youth allowance is a bloody joke, that thing need reforms badly. I know someone who had a job, quit, not because of study commitments, but still manages to get 190 bucks a fortnight from centrelink for doing SFA.

What a joke.
I did that a coupla years ago............it is a ****en joke. Now I pay a shiteload of tax so no flames please!
XAHardtop is offline  
post #9 of 28 (permalink) Old 07-17-03, 01:17 AM
Registered User
 
davocol's Avatar
 
Join Date: Apr 2002
Location: Melbourne
Age: 35
Posts: 765
Re: I owe tax... and lots of it!

https://secure.centrelink.gov.au/tors/index.cfm

Hope this helps.

Now the proud owner of an AU xr8 220... OHHH YeAh
davocol is offline  
post #10 of 28 (permalink) Old 07-17-03, 03:56 AM
Old Car:BA XR6 New: 97 EL
 
jaytyn's Avatar
 
Join Date: Feb 2001
Location: Australia
Age: 34
Posts: 1,031
Re: I owe tax... and lots of it!

On the topic of Tax, my ex-employer still hasnt provided a group certificate, and I doubt I will get one..

I dont have any payslips, what should I do ?
jaytyn is offline  
Sponsored Links
Advertisement
 
Reply

  Ford Forums - Mustang Forum, Ford Trucks, Ford Focus and Ford Cars > Fordforums Community > The Pub


Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
 
Thread Tools
Show Printable Version Show Printable Version
Email this Page Email this Page
Display Modes
Linear Mode Linear Mode



Posting Rules  
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are On

 
For the best viewing experience please update your browser to Google Chrome