income tax!
#1
Forum Regular
Thread Starter
Joined: Sep 2003
Location: nottingham england
Posts: 48
income tax!
you know how in england you get a job ,you give them your national insurance n0. then at the end of the month you get your wages 'minus' tax.well is it true that you have to work your own tax out on a yearly basis in oz as you would here if self employed
#2
Re: income tax!
Originally posted by teresa31
you know how in england you get a job ,you give them your national insurance n0. then at the end of the month you get your wages 'minus' tax.well is it true that you have to work your own tax out on a yearly basis in oz as you would here if self employed
you know how in england you get a job ,you give them your national insurance n0. then at the end of the month you get your wages 'minus' tax.well is it true that you have to work your own tax out on a yearly basis in oz as you would here if self employed
EVERYONE IN OZ (EVEN RETIRED) HAS TO LODGE A TAX RETURN
#3
Forum Regular
Thread Starter
Joined: Sep 2003
Location: nottingham england
Posts: 48
Re: income tax!
Originally posted by yafm
EVERYONE IN OZ (EVEN RETIRED) HAS TO LODGE A TAX RETURN
EVERYONE IN OZ (EVEN RETIRED) HAS TO LODGE A TAX RETURN
if so how hard is it?
#4
Home and Happy
Joined: Dec 2002
Location: Keep true friends and puppets close, trust no-one else...
Posts: 93,815
I've been told its not too difficult. Seems that getting an accountant to do it though is a LOT cheaper than getting one over here - my Bloke is just an ordinary storesman, but he says its so cheap that he gets a guy to do it for him - and also the guy knows everything you can claim for - lots more stuff than you can claim for here, so I'm told.
#5
Polly Wher do they keep the kangaroos and who taught them to dance - I thought they culd only box
#6
It will seems like going back to school when we get out there- all of these new procedures to follow!
#7
Forum Regular
Thread Starter
Joined: Sep 2003
Location: nottingham england
Posts: 48
Originally posted by tinaj
It will seems like going back to school when we get out there- all of these new procedures to follow!
It will seems like going back to school when we get out there- all of these new procedures to follow!
yes i know what you mean i think though it is one of the tests of whether or not you are really prepared to go through with the whole thing of emigrating, because it seems to me with the long list of things to do before you get there and then all the things you have to do when you actually arrive and i think if you get through all the prep. then all the rest is a piece of cake.
teresa
p.s.
well i'm hoping that is the case anyway.
#8
Guest
Posts: n/a
Re: income tax!
Originally posted by yafm
EVERYONE IN OZ (EVEN RETIRED) HAS TO LODGE A TAX RETURN
EVERYONE IN OZ (EVEN RETIRED) HAS TO LODGE A TAX RETURN
you learn something new everyday...
#9
Home and Happy
Joined: Dec 2002
Location: Keep true friends and puppets close, trust no-one else...
Posts: 93,815
If you get stuck Tina, remember I shall be there shortly before you, and am marrying a local - he's been very patient with me asking stupid questions about tax and doctors and supermarkets and every day life! So what I haven't learnt, I'm sure he'll be happy to tell you.
Perhaps while I'm waiting to get a job I should make a point of putting all the everyday stuff I learn onto the forums for the next batch of arrivals?
Perhaps while I'm waiting to get a job I should make a point of putting all the everyday stuff I learn onto the forums for the next batch of arrivals?
#10
Joined: Aug 2003
Posts: 11,149
Re: income tax!
Originally posted by teresa31
you know how in england you get a job ,you give them your national insurance n0. then at the end of the month you get your wages 'minus' tax.well is it true that you have to work your own tax out on a yearly basis in oz as you would here if self employed
you know how in england you get a job ,you give them your national insurance n0. then at the end of the month you get your wages 'minus' tax.well is it true that you have to work your own tax out on a yearly basis in oz as you would here if self employed
The return can be done online using a program from the ATO. I have used it successfully the last 2 years.
#11
Migration Agent
Joined: May 2002
Location: Offices in Melbourne, Brisbane, Perth, Geelong (Australia), and Southampton (UK)
Posts: 6,459
Your average accountant on the High Street in Australia will be fine if you "only" have a salary and some income from investments that are within Australia.
If you have savings or income from property, etc that are outside Australia I'd ask a few more questions before engaging a firm though, as based on my dealings I'd not expect too many tax accountants to have a good understanding of some of the special tax rules that can apply to those who have moved to Australia.
As bondipom says, you can file your personal Tax Return in Australia online - the ATO have a link on their website (www.ato.gov.au), and here's another:
http://www.etax.com.au/
Best regards.
If you have savings or income from property, etc that are outside Australia I'd ask a few more questions before engaging a firm though, as based on my dealings I'd not expect too many tax accountants to have a good understanding of some of the special tax rules that can apply to those who have moved to Australia.
As bondipom says, you can file your personal Tax Return in Australia online - the ATO have a link on their website (www.ato.gov.au), and here's another:
http://www.etax.com.au/
Best regards.
#12
Joined: Aug 2003
Posts: 11,149
Originally posted by Alan Collett
Your average accountant on the High Street in Australia will be fine if you "only" have a salary and some income from investments that are within Australia.
If you have savings or income from property, etc that are outside Australia I'd ask a few more questions before engaging a firm though, as based on my dealings I'd not expect too many tax accountants to have a good understanding of some of the special tax rules that can apply to those who have moved to Australia.
As bondipom says, you can file your personal Tax Return in Australia online - the ATO have a link on their website (www.ato.gov.au), and here's another:
http://www.etax.com.au/
Best regards.
Your average accountant on the High Street in Australia will be fine if you "only" have a salary and some income from investments that are within Australia.
If you have savings or income from property, etc that are outside Australia I'd ask a few more questions before engaging a firm though, as based on my dealings I'd not expect too many tax accountants to have a good understanding of some of the special tax rules that can apply to those who have moved to Australia.
As bondipom says, you can file your personal Tax Return in Australia online - the ATO have a link on their website (www.ato.gov.au), and here's another:
http://www.etax.com.au/
Best regards.
For simple tax cases ie PAYG job, some savings, how much extra could you claim back that us simple non accounting bods would miss.
Does that extra make up for any cut the accountant would take as a fee?
#13
Rocket Scientist
Joined: Aug 2003
Location: Dreamland AKA Brisbane which is a different country to the UK
Posts: 6,911
Re: income tax!
Originally posted by yafm
EVERYONE IN OZ (EVEN RETIRED) HAS TO LODGE A TAX RETURN
EVERYONE IN OZ (EVEN RETIRED) HAS TO LODGE A TAX RETURN
#14
Migration Agent
Joined: May 2002
Location: Offices in Melbourne, Brisbane, Perth, Geelong (Australia), and Southampton (UK)
Posts: 6,459
I don't know to be honest, as I don't know what you would claim and what you would miss ... :-))
Best regards.
Best regards.
Originally posted by bondipom
Alan
For simple tax cases ie PAYG job, some savings, how much extra could you claim back that us simple non accounting bods would miss.
Does that extra make up for any cut the accountant would take as a fee?
Alan
For simple tax cases ie PAYG job, some savings, how much extra could you claim back that us simple non accounting bods would miss.
Does that extra make up for any cut the accountant would take as a fee?
#15
Joined: Aug 2003
Posts: 11,149
Originally posted by Alan Collett
I don't know to be honest, as I don't know what you would claim and what you would miss ... :-))
Best regards.
I don't know to be honest, as I don't know what you would claim and what you would miss ... :-))
Best regards.
One person with an investment property said there was no way he could have figured out all the items claimed.