Tax Incentives
Aug 31st 2005, 9:22 am
#1
Just Joined
Thread Starter
Joined: Aug 2005
Posts: 8
Tax Incentives
Hello people,
I'm an internet forum virgin so please be gentle with me!
My name is Jamie, my wife's name is Sarah and we have 3 year old twin boys, Max and Harry.
I have just been offered a job in Sydney and am currently in about a million minds about whether to go. We have all the usual apprehensions (missing family and friends) versus all the positives (beautiful city, interesting people and a great adventure). I think the adventure is too tempting to turn down but there are still loads of questions flying round my head like what's a good salary, where to live with family etc. I guess these are fairly subjective topics and everyone has there own differing opinion and standards of living. These questions I'm sure have already been answered to death so I'll search the forum and see what I come up with (and then probably ask the question anyway!)
What I would like help with though is tax incentives. I am going on a sponsored 457 and have been told that I'm eligible for some juicy tax breaks. Apparently one is a 'family living away from home (?)' allowance and also tax help with rent. Does anyone know anything about this?
Thanks for listening and any help and advice is greatly appreciated. I'm sure I'll be back in the near future with lots of the usual relocating questions!
I'm an internet forum virgin so please be gentle with me!
My name is Jamie, my wife's name is Sarah and we have 3 year old twin boys, Max and Harry.
I have just been offered a job in Sydney and am currently in about a million minds about whether to go. We have all the usual apprehensions (missing family and friends) versus all the positives (beautiful city, interesting people and a great adventure). I think the adventure is too tempting to turn down but there are still loads of questions flying round my head like what's a good salary, where to live with family etc. I guess these are fairly subjective topics and everyone has there own differing opinion and standards of living. These questions I'm sure have already been answered to death so I'll search the forum and see what I come up with (and then probably ask the question anyway!)
What I would like help with though is tax incentives. I am going on a sponsored 457 and have been told that I'm eligible for some juicy tax breaks. Apparently one is a 'family living away from home (?)' allowance and also tax help with rent. Does anyone know anything about this?
Thanks for listening and any help and advice is greatly appreciated. I'm sure I'll be back in the near future with lots of the usual relocating questions!
Aug 31st 2005, 9:24 am
#2
Banned
Joined: Jan 2004
Location: Morayfield - The Posh Part
Posts: 10,138
Re: Tax Incentives
Welcome 
Aug 31st 2005, 10:20 am
#3
Migration Agent
Joined: May 2002
Location: Offices in Melbourne, Brisbane, Perth, Geelong (Australia), and Southampton (UK)
Posts: 6,459
Re: Tax Incentives
This might be of interest:
http://www.gomatilda.com/news/article.cfm?articleid=61
Also:
http://www.gomatilda.com/news/article.cfm?articleid=335
Best regards.
http://www.gomatilda.com/news/article.cfm?articleid=61
Also:
http://www.gomatilda.com/news/article.cfm?articleid=335
Best regards.
Originally Posted by JugheadJones
Hello people,
I'm an internet forum virgin so please be gentle with me!
My name is Jamie, my wife's name is Sarah and we have 3 year old twin boys, Max and Harry.
I have just been offered a job in Sydney and am currently in about a million minds about whether to go. We have all the usual apprehensions (missing family and friends) versus all the positives (beautiful city, interesting people and a great adventure). I think the adventure is too tempting to turn down but there are still loads of questions flying round my head like what's a good salary, where to live with family etc. I guess these are fairly subjective topics and everyone has there own differing opinion and standards of living. These questions I'm sure have already been answered to death so I'll search the forum and see what I come up with (and then probably ask the question anyway!)
What I would like help with though is tax incentives. I am going on a sponsored 457 and have been told that I'm eligible for some juicy tax breaks. Apparently one is a 'family living away from home (?)' allowance and also tax help with rent. Does anyone know anything about this?
Thanks for listening and any help and advice is greatly appreciated. I'm sure I'll be back in the near future with lots of the usual relocating questions!
I'm an internet forum virgin so please be gentle with me!
My name is Jamie, my wife's name is Sarah and we have 3 year old twin boys, Max and Harry.
I have just been offered a job in Sydney and am currently in about a million minds about whether to go. We have all the usual apprehensions (missing family and friends) versus all the positives (beautiful city, interesting people and a great adventure). I think the adventure is too tempting to turn down but there are still loads of questions flying round my head like what's a good salary, where to live with family etc. I guess these are fairly subjective topics and everyone has there own differing opinion and standards of living. These questions I'm sure have already been answered to death so I'll search the forum and see what I come up with (and then probably ask the question anyway!)
What I would like help with though is tax incentives. I am going on a sponsored 457 and have been told that I'm eligible for some juicy tax breaks. Apparently one is a 'family living away from home (?)' allowance and also tax help with rent. Does anyone know anything about this?
Thanks for listening and any help and advice is greatly appreciated. I'm sure I'll be back in the near future with lots of the usual relocating questions!
Aug 31st 2005, 10:21 am
#4
BE Enthusiast
Joined: Aug 2005
Location: Lal Lal a rural community outside Ballarat VIC, previously Kent England
Posts: 915
Re: Tax Incentives
Welcome to te forum, hope you find the answers you are looking for
Aug 31st 2005, 10:27 am
#5
Forum Regular
Joined: Jul 2005
Posts: 216
Re: Tax Incentives
Originally Posted by JugheadJones
Hello people,
I'm an internet forum virgin so please be gentle with me!
My name is Jamie, my wife's name is Sarah and we have 3 year old twin boys, Max and Harry.
I have just been offered a job in Sydney and am currently in about a million minds about whether to go. We have all the usual apprehensions (missing family and friends) versus all the positives (beautiful city, interesting people and a great adventure). I think the adventure is too tempting to turn down but there are still loads of questions flying round my head like what's a good salary, where to live with family etc. I guess these are fairly subjective topics and everyone has there own differing opinion and standards of living. These questions I'm sure have already been answered to death so I'll search the forum and see what I come up with (and then probably ask the question anyway!)
What I would like help with though is tax incentives. I am going on a sponsored 457 and have been told that I'm eligible for some juicy tax breaks. Apparently one is a 'family living away from home (?)' allowance and also tax help with rent. Does anyone know anything about this?
Thanks for listening and any help and advice is greatly appreciated. I'm sure I'll be back in the near future with lots of the usual relocating questions!
I'm an internet forum virgin so please be gentle with me!
My name is Jamie, my wife's name is Sarah and we have 3 year old twin boys, Max and Harry.
I have just been offered a job in Sydney and am currently in about a million minds about whether to go. We have all the usual apprehensions (missing family and friends) versus all the positives (beautiful city, interesting people and a great adventure). I think the adventure is too tempting to turn down but there are still loads of questions flying round my head like what's a good salary, where to live with family etc. I guess these are fairly subjective topics and everyone has there own differing opinion and standards of living. These questions I'm sure have already been answered to death so I'll search the forum and see what I come up with (and then probably ask the question anyway!)
What I would like help with though is tax incentives. I am going on a sponsored 457 and have been told that I'm eligible for some juicy tax breaks. Apparently one is a 'family living away from home (?)' allowance and also tax help with rent. Does anyone know anything about this?
Thanks for listening and any help and advice is greatly appreciated. I'm sure I'll be back in the near future with lots of the usual relocating questions!
Honestly despite my moaning elsewhere on this site. You should really take advantage if the offer is there. 457s make thing quite easy to start with. You may find it's not for you in Australia, but you will kick yourself if you don't take advantage.
Your kids will proabably love it too, it's a big adventure. And you only live once.
