Tax Return Accountant - Wanted!

[Ciaran]

can you pay off all my debt please

[JETURBO]

yeh look at 20 u got the right mind set and stick with it , family trusts can work well definately if u use it as a big pool of money all your family can work towards ( gotta have trust worthy members with a common target ) and then the benifits are great , iam fairly sure its all at the lowest tax bracket 18% I think have to check again

even if u just got a dad and say brother who can keep there stuff together it works awsomelly

then u can also build houses etc investments with the " money " in there as the deposit that they dont actually touch ( banks) just kind of held but not removed

just to be clear capital gains etc are taxed at 18% goin into the trust but any money the trust makes in there is nearly nil tax associated with it ( depending on the trust style)

Edited 23/07/12 09:01 AM by JETSNOT

[JETURBO]

can you pay off all my debt please

lotto is played every day except friday

[Ciaran]

Oh trust me, I play lotto lol

I'm not very lucky for an irishman

Edited 24/07/12 12:00 AM by Ciaran

[JETURBO]

u really ant got much going for ya kerry

at least leppercorns are a better root than midgets but same same when drunk

[Henz]

Ok, whats the go with loan repayments on work vehicle and tax? How much is claimable?

[Ciaran]

Lol, just lodged my tax return, made it go to about $930 by using my busted trans sump on the last T as car expenses (believe you can claim repair costs and stuff on that) since it happened while I was on a job at work.

Fingers crossed no audit

[JETURBO]

Ok, whats the go with loan repayments on work vehicle and tax? How much is claimable?

for your self henery if u work for wages and use your ute 100% for work and have another vehicle u can say u use on weekends and to shops etc etc ( your mums car is fine they cant prove u dont get home from work stick ya car in the garage and it doesnt come out until work the next morning) so 100% yeh winky winky

if your paying say 100 bucks a week on a 5 year term u should see around 40 -45 bucks back so your car cost you say just over half , not bad huh especially as that's the car u wanted !

this is the best deduction u can achieve without a house/investment negitive geared for a tradie, and the spinner is u would prolly have that car anyway

I like to call it win/win

[JETURBO]

Lol, just lodged my tax return, made it go to about $930 by using my busted trans sump on the last T as car expenses (believe you can claim repair costs and stuff on that) since it happened while I was on a job at work.

Fingers crossed no audit

seriously dude I think u wont have an issue, if your trying to claim a gold flake paint job maybe not lol

[bossmang]

dont think you wont get caught

fk me I earn less than 40k a year, I make fark all deductions to claim.

yet I still got stung for not putting in that I earnt like 10 bucks interest in my bank account. I said to the chick on the phone when I rang after reading the letter in the mail, I didnt even know I had interest there, she said your going to be fined!!! im like get fked, I didnt leave it out on purpose. isnt there a warning for first time, she said nope.

week later the $200 fine came