Australian Tax Office - my experience
#16
Forum Regular
Thread Starter
Joined: Jul 2005
Location: Hampshire, UK
Posts: 191
Re: Australian Tax Office - my experience
Originally Posted by Cam1977
Aussie tax is more dependent on PAYE income tax, so there's a general feeling that you're paying more tax when you get your pay slip. However, in the UK you pay more in indirect taxes - council tax, VAT, fuel excise, death duties, etc. The overall tax take in Oz is about 30% of GDP; in the UK it's about 36%. (That's from memory, so don't quote me.)
#17
Re: Australian Tax Office - my experience
Originally Posted by Cam1977
However, in the UK you pay more in indirect taxes - council tax, VAT, fuel excise, death duties, etc.
#18
Forum Regular
Joined: Apr 2006
Posts: 153
Re: Australian Tax Office - my experience
Originally Posted by The Bloke
You only have to pay council rates, GST and fuel excise and any other levies, after you get your payslip.
If you want to compare taxes in both countries then you have to look at ALL taxes, not just income tax.
#19
Forum Regular
Joined: Jul 2006
Posts: 57
Re: Australian Tax Office - my experience
Originally Posted by Cam1977
Well yes, but the point I was making is that some people only look at how much income tax is taken from their pay and then claim that Oz has higher taxes than the UK. That's what makes the Blair/Brown strategy of 'stealth taxes' work. When people see petrol going up another 2P it doesn't seem to register that more than half of it is tax.
If you want to compare taxes in both countries then you have to look at ALL taxes, not just income tax.
If you want to compare taxes in both countries then you have to look at ALL taxes, not just income tax.
I was really just taking a dig at vash and hes typical posts
But have you considered FBT, GST (on everything virtually!), payroll tax (paid by a company), Medicare levy, Medicare Levy surcharge, stamp duty ( on cars too!?) etc. I think you'll find there are lots of State tax's out there too...
Until recently the tax brackets where pretty bad e.g. you really didnt have to be earning that much to be loosing nearly 50% of your pay....the 9% super its not a tax but your company has to pay it so you dont get it... pretty much like NI?!..
Apparently there are only two sure things in life Death and tax's (although I have heard nurses can be added to this list..)
#20
Re: Australian Tax Office - my experience
Without getting into a debate on relative taxation, my own experience with the ATO has been good - they seem more au fait with things than the majority of other enterprises here.
For example, I rang our local council this morning after receiving my first rates demand on our vacant land - they could not answer the most fundamental questions about the calculations or how to BPay online.
The ATO online tax return is also streets ahead of the UK one - which I NEVER got to work!
For example, I rang our local council this morning after receiving my first rates demand on our vacant land - they could not answer the most fundamental questions about the calculations or how to BPay online.
The ATO online tax return is also streets ahead of the UK one - which I NEVER got to work!