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#8521 Harry88

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Posted 30 April 2014 - 02:24 PM

That would be about $646.27 after you take out Super and Tax Haz :S Sounds a bit shit!

 

I was having a good think about it on the drive home and I'm starting to come to those conclusions.



#8522 Zac

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Posted 30 April 2014 - 02:24 PM

That would be about $646.27 after you take out Super and Tax Haz :S Sounds a bit shit!

Well, he can put as much as he wants into Super, and that reduces his taxable income, but yeah, also reduces his income. Lol!

 

Are you calculating his tax at 30%, which is what he will be taxed as if he uses an ABN?


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#8523 B4TT

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Posted 30 April 2014 - 02:28 PM

I just plugged the numbers into an ATO thing Zac

 


#8524 Zac

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Posted 30 April 2014 - 02:33 PM

I just plugged the numbers into an ATO thing Zac

Ha, ok then, all good.

 

The last time I checked, people with an ABN were charged tax at 30%, regardless of how much they earned, but I could be wrong.

 

Yeah it doesn't work out well for you Haz, it seem. Maybe keep this job in your backpocket and see what else is out there


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#8525 Harry88

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Posted 30 April 2014 - 02:36 PM

Yeah it doesn't work out well for you Haz, it seem. Maybe keep this job in your backpocket and see what else is out there

 

Yeah I would say that's the plan.

 

I still haven't been offered the job but I will find out in the next 2 days.



#8526 B4TT

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Posted 30 April 2014 - 02:38 PM

Yeah true though $800 a week after tax wouldn't be great let alone before tax, so regardless of what rate it is a bit shitty, you would really want to hope you could smash it out on commissions.

 


#8527 Liberty

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Posted 30 April 2014 - 02:44 PM

They pay you $800 a week base wage before commissions. But you need your own ABN and with that $800 you have to pay your own tax & super out of it. Plus I will have to keep reciepts for everything so I can get accountant to do my tax and shit.

 

So much effort unless the commission is insane as Josh mentioned.


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#8528 Liberty

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Posted 30 April 2014 - 02:48 PM

For Zac: http://starwars.com/...-announced.html


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#8529 Zac

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Posted 30 April 2014 - 02:51 PM

Thanks Gaz, I'll be looking forward to that one. Lol!

 

I still have to watch Ep 1-3. Tomorrow and Friday after work.

 

I'm also thinking of going swimming after work some days, to use up energy. It might help me sleep better


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#8530 Harry88

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Posted 30 April 2014 - 02:52 PM


I'm also thinking of going swimming after work some days, to use up energy. It might help me sleep better

 

Just have a fap instead.



#8531 B4TT

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Posted 30 April 2014 - 03:00 PM

Just have a fap instead.

Sound advice here.
Hahaha Adam, got to love your missus' most recent FB update.

"Die mother fucker!! Die!!!!"

 


#8532 Zac

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Posted 30 April 2014 - 03:03 PM

Yeah nah. I am just going to go for a swim instead. Probably better for me, healthwise. Lol!


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#8533 Adam

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Posted 30 April 2014 - 03:06 PM

It's that really annoying di antwood song, Josh. I bet

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#8534 Adam

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Posted 30 April 2014 - 03:08 PM

Was feeling really snowed under this morning. fork I've smashed out some jobs today though!

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#8535 B4TT

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Posted 30 April 2014 - 03:10 PM

It's that really annoying di antwood song, Josh. I bet

I don't know that one but I will take your word for it :)

Was feeling really snowed under this morning. :fork: I've smashed out some jobs today though!


 


#8536 Shaz

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Posted 30 April 2014 - 03:15 PM

Company tax is 30% regardless of earnings. 

ABN = sole trader tax


 


I put up with people from amnesty, red cross and now the cancer council almost daily hounding me!! Throw in the greens, green peace, unhcr, save the forking children and I've well and truly hit my limit for the number of fuckstains wanting me to sign something or give money. Seriously cubts,  :fork: right off.
 

 

#8537 Harry88

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Posted 30 April 2014 - 03:16 PM

Company tax is 30% regardless of earnings. 

ABN = sole trader tax

 

So I would get taxed 30% of that 800?



#8538 Samwise

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Posted 30 April 2014 - 03:25 PM

I have no idea what's going on..

 


I like to think of it as borrowing someone's car and driving it better than them.


#8539 Zac

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Posted 30 April 2014 - 03:29 PM

Company tax is 30% regardless of earnings. 

ABN = sole trader tax

Haha, I was right!

 

I are genius! :D


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#8540 Adam

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Posted 30 April 2014 - 03:32 PM

Yeah not sure you are right, Zac :)

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