I just did my tax and holy shit they weren’t kidding about getting less back this year. I really really need to get myself an accountant/financial advisor who can help me finesse my money so I can pay less tax. It’s friggin insane. I’m all for paying a fair share but I feel like I’m paying my share and maybe someone else’s too.
Edit: just updated my income/tax spreadsheet and found that even though the amount of tax I’m paying is obscene, the % of my income paid in tax is actually pretty consistent, even marginally down from the previous 3 years. Still hurts but this puts it into perspective.
image is of a chart of my % Tax Paid for the last 14 years
I got 18k back last year due to a workplace fuckup (they forgot to put in the low income threshold) so I’m already expecting a significantly smaller return lol. My accountant loves me though, i literally give them a fat record of every hour worked from home to calculate claims against
I just did my tax and holy shit they weren’t kidding about getting less back this year. I really really need to get myself an accountant/financial advisor who can help me finesse my money so I can pay less tax. It’s friggin insane. I’m all for paying a fair share but I feel like I’m paying my share and maybe someone else’s too.
Edit: just updated my income/tax spreadsheet and found that even though the amount of tax I’m paying is obscene, the % of my income paid in tax is actually pretty consistent, even marginally down from the previous 3 years. Still hurts but this puts it into perspective.
image is of a chart of my % Tax Paid for the last 14 years
Yeah but mate we’ve all gotta pay for poor Gina and Clive! The poor multimillion dollar bastards can’t afford to pay their fair share!
Also don’t forget, we gotta slash the NDIS!
I got 18k back last year due to a workplace fuckup (they forgot to put in the low income threshold) so I’m already expecting a significantly smaller return lol. My accountant loves me though, i literally give them a fat record of every hour worked from home to calculate claims against
With the scrapping of the low and middle income tax offset, stage 3 cuts are needed.
However I do disagree with the timing. Implementing them while inflation is high is just going to make it worse.