Wilko16 Donating Members 1,672 Member For: 17y 7m 5d Gender: Male Location: Melbourne Posted 04/09/15 09:28 PM Share Posted 04/09/15 09:28 PM (edited) Tax variation forms!! Aim to get zero back at tax time, only works if you have a good accountant More cash flow into your bank account through out the year - use it to offset your home loan Savings accounts are rubbish because they just tax your savings as incomeShould never have a savings account if you have a home loan And yes I know stripes doesn't have a home loan yet.... I'm just sharing my ramblings Edited 04/09/15 09:28 PM by Wilko16 5 Link to comment https://www.fordxr6turbo.com/forum/topic/81422-what-made-you-feel-good-today/page/984/#findComment-1560520 Share on other sites More sharing options...
.Stripes. All stock bar the k&n panel filter Silver Donating Members 8,061 Member For: 13y 3m 13d Gender: Male Location: Perth Posted 04/09/15 09:51 PM Share Posted 04/09/15 09:51 PM Well truth be told, given I pay tax on interest earned in a savings account I'll actually keep my "Savings" in my everyday transaction account because I get 12 Qantas points per month per $100 balance. The points are tax free and actually end up worth more to me (if using the points to buy business class flights) than the interest I'd get on a savings account once I've paid tax on it. When I have a mortgage however, literally everything will go in an offset account. 3 Link to comment https://www.fordxr6turbo.com/forum/topic/81422-what-made-you-feel-good-today/page/984/#findComment-1560521 Share on other sites More sharing options...
Wilko16 Donating Members 1,672 Member For: 17y 7m 5d Gender: Male Location: Melbourne Posted 04/09/15 10:02 PM Share Posted 04/09/15 10:02 PM Yeah that's a good idea, frequent flyers are great if you can use them Link to comment https://www.fordxr6turbo.com/forum/topic/81422-what-made-you-feel-good-today/page/984/#findComment-1560522 Share on other sites More sharing options...
Pixy Angel Expert Donating Members 9,132 Member For: 20y 3m 30d Gender: Male Location: North Jamberoo, NSW Posted 04/09/15 10:19 PM Share Posted 04/09/15 10:19 PM On 04/09/2015 at 10:41 AM, .Stripes. said: ^WSS. Pixy's wife is only getting it back coz it's already been withheld from her as tax. Doesn't get any interest on it, just the chunk of money back she didn't need to pay.Spot on Stripes. Because wife is still paying off HECS (payed off about 8 years ago) that she doesnt have she gets a a good return at tax time. Its more like a saving account that we dont pay interest on. Link to comment https://www.fordxr6turbo.com/forum/topic/81422-what-made-you-feel-good-today/page/984/#findComment-1560526 Share on other sites More sharing options...
Lennox Member 2,586 Member For: 12y 4m Gender: Male Location: Perth Posted 04/09/15 10:59 PM Share Posted 04/09/15 10:59 PM Pay interest on a savings account? 2 Link to comment https://www.fordxr6turbo.com/forum/topic/81422-what-made-you-feel-good-today/page/984/#findComment-1560532 Share on other sites More sharing options...
Pixy Angel Expert Donating Members 9,132 Member For: 20y 3m 30d Gender: Male Location: North Jamberoo, NSW Posted 05/09/15 12:20 AM Share Posted 05/09/15 12:20 AM You sure do.I have cash setting and wait to build my house and I get interest every month. At tax time I had to declare that I made money from my savings.More money for tax man. 1 Link to comment https://www.fordxr6turbo.com/forum/topic/81422-what-made-you-feel-good-today/page/984/#findComment-1560551 Share on other sites More sharing options...
Never had any say Panda I <3 Floods Silver Donating Members 11,198 Member For: 13y 10m 26d Gender: Male Location: South West QLD Posted 05/09/15 01:48 AM Share Posted 05/09/15 01:48 AM Fitted kid seat to WRX. Took junior for a spin. He loved it. 4 Link to comment https://www.fordxr6turbo.com/forum/topic/81422-what-made-you-feel-good-today/page/984/#findComment-1560558 Share on other sites More sharing options...
Pixy Angel Expert Donating Members 9,132 Member For: 20y 3m 30d Gender: Male Location: North Jamberoo, NSW Posted 05/09/15 03:43 AM Share Posted 05/09/15 03:43 AM Oh yeah panda Jr love turbs...... LMFAO kids cant help them selves trying to keep secrets because of fathers day gift they have got me. They're trying hard. Link to comment https://www.fordxr6turbo.com/forum/topic/81422-what-made-you-feel-good-today/page/984/#findComment-1560571 Share on other sites More sharing options...
Never had any say Panda I <3 Floods Silver Donating Members 11,198 Member For: 13y 10m 26d Gender: Male Location: South West QLD Posted 05/09/15 10:20 AM Share Posted 05/09/15 10:20 AM So.. went golfing this afternoon. Probably my first really serious game since April this year. Got the all clear from the doctor yesterday allowing me to exercise properly again (provided I listen to my body and stop when I have had enough).New course I'd never played on.Only managed to par on 2 holes (both par 3).However I did manage a birdie on a par 5. The rest were bogey and double bogey on account of a few chances taken playing through and over trees that didn't really pay off.It was great to get out and play properly again though. 3 Link to comment https://www.fordxr6turbo.com/forum/topic/81422-what-made-you-feel-good-today/page/984/#findComment-1560620 Share on other sites More sharing options...
Mrs Jeturbo Bob the Freaking Builder Donating Members 10,813 Member For: 15y 9m 13d Gender: Female Location: SA Posted 05/09/15 10:33 AM Share Posted 05/09/15 10:33 AM Well done panda Your better at golf than me even when your first back bahahah Wmmfg Took the eldest out for her reward today (she got 20 stickers on her chart) we got our nails done and went to the choccy factory (her choice) I love that she was tossing up between that and go karting That's my girl! Link to comment https://www.fordxr6turbo.com/forum/topic/81422-what-made-you-feel-good-today/page/984/#findComment-1560627 Share on other sites More sharing options...
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