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drmini in aust
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PostPosted: Sun Jul 18, 2004 7:04 am 
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Joined: Fri Mar 19, 2004 6:19 pm
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Location: near Baulkham Hills, NSW
And the government wonders `why' there's a black economy... :lol:
The GST etc just made it even more worthwhile to use ca$h..... 8)

Ever noticed that most of the engine reco business deals in ca$h?? They gotta be running at least 2 sets of books.. :wink:

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DrMini- 1970 wasaMatic 1360, Mk1S crank, 86.6HP (ATW) =~125 @ crank, 45 Dellorto (38 chokes), RE282 sprint cam, 1.5 rockers, 11.0:1 C/R. :mrgreen:
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doogie
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PostPosted: Sun Jul 18, 2004 8:41 am 
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Joined: Sat Apr 10, 2004 6:36 pm
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Location: Radelaide, South Australia
When you run your own business you right off a massive amount of things too offset the tax, most of the consumables i buy for my mini's get ridden off, so i win amost all of the time.

Doogie
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IwannaMini
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PostPosted: Sun Jul 18, 2004 10:46 am 
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Joined: Sun Apr 04, 2004 9:31 pm
Posts: 4724
Location: Meadowbank - Sydney
The only way to win in OZ is to be super rich. Then you can pay the lawyers and the accountants to set up trust funds and company names and sub trust entities payng debentures into the company structure for way of guarantees which ultimately mean you end up not earning a brass razoo, not having any assets and best of all not paying any tax AND being able to live in luxury with a garage full of pristine Minis.....

:x its just not fair.

On a brighter note, with the $25.45 the online tax thing has predicted I will be getting back from the govt, I plan on getting myself some already heavily taxed fuel for a week or two of driving.

Hey does anyone know if the tax you pay on fuel and alcohol is an allowable tax claim..? Sounds pretty fair to me. Ching Ching... that would mean I would get $10,025.45 with the amount I drink...!!!! :lol:
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min13k
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PostPosted: Sun Jul 18, 2004 11:17 am 
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I DWIVE A BIG TWUCK
I DWIVE A BIG TWUCK
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Joined: Tue Mar 16, 2004 5:17 pm
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tax return two years ago got back near 2000 last year got 1600 this year i dunno truckie's get good returns can claim every thing food bedding fridge tools coffe you name it interstate is good for the bank ballance and come tax time the mini or what ever i am playing with gets fixed up :)
makka

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MiniK
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PostPosted: Sun Jul 18, 2004 9:38 pm 
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Location: Penrith, NSW
All my $900 will be going towards the 1275........ 8)

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Anto
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PostPosted: Sun Jul 18, 2004 9:54 pm 
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I'd simply be happy is my boss would give me my group certificate so I could actually do my tax return. Then I get some money back from the government, to put towards the OMG I'm in debt fund :)

Anto.
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supercharged 850
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PostPosted: Fri Oct 15, 2004 4:31 am 
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hmmm... found this topic hiding in the deep dark corners of AUSMINI.... which reminded me - only a couple weeks left ....i'd better start doing my tax - and finish it.

Anyone else here as slack as me??

Oh , wanna know how to stay wealthy?? Just become a celebrity or superstar..... people will GIVE you crap for free, all day every day, even though you are stinking rich.

This is a society where the rich get richer, and the poor fund it.

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[NATHAN] -- Sold everything mini related and am back in big beautiful BMWs
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boost_morrre
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PostPosted: Fri Oct 15, 2004 4:53 am 
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Joined: Tue Mar 16, 2004 11:27 am
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Location: SYDNEY
i just got taxed $1284 from two weeks work last fortnight :x

proly only get about 1/10th of that back if im lucky next financial year.... :cry:

this year i actually got some back, last year i had to pay over $2500!
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Wombat
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PostPosted: Fri Oct 15, 2004 7:21 am 
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Location: Sunny Shine Coast, Qld Australia
My aim in life is to pay MORE TAX - cause if I'm paying more I'm earning MORE :wink:

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David L
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My greatest fear in life is that when I die my wife will sell my Mini and tools for the price I told her I paid for them!
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drmini in aust
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PostPosted: Fri Oct 15, 2004 7:27 am 
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Location: near Baulkham Hills, NSW
If you don't like PAYE system just become a bloody contractor- like me and Wombat.. 8) :wink:

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DrMini- 1970 wasaMatic 1360, Mk1S crank, 86.6HP (ATW) =~125 @ crank, 45 Dellorto (38 chokes), RE282 sprint cam, 1.5 rockers, 11.0:1 C/R. :mrgreen:
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aaron
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PostPosted: Fri Oct 15, 2004 7:43 am 
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Then you become a PAYG tax parer, just as much of a pain in the butt.
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drmini in aust
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PostPosted: Fri Oct 15, 2004 7:48 am 
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Location: near Baulkham Hills, NSW
Only if you earn more than 50K... :lol:
That's why I only do 3 days a week now! The rest is `Mini time..' :wink:

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DrMini- 1970 wasaMatic 1360, Mk1S crank, 86.6HP (ATW) =~125 @ crank, 45 Dellorto (38 chokes), RE282 sprint cam, 1.5 rockers, 11.0:1 C/R. :mrgreen:
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cush
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PostPosted: Fri Oct 15, 2004 7:56 am 
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THIS SPACE FOR RENT
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sc850.... i'm slack too :)


and i'll mostliekly have to pay some money.

shite loads of overtime...

tipical...work extra hard for the government....

take it extra hard up the walllet hole come tax time...

i think i'll stay away from overtime this year...it's not worth it..

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Wolfman
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PostPosted: Fri Oct 15, 2004 8:09 am 
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Location: Tannum Sands, QLD
I run my own 1 man business and nearly always get payed cash, only the occasional cheque makes it to the bank, gotta keep the gov guessing hey 8)
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thommo09
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PostPosted: Fri Oct 15, 2004 10:18 am 
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Location: Adelaide, SA
supercharged 850 wrote:
Anyone else here as slack as me??


lol...yes me! i'd better get my act together hey!

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