Tax Filing Australia
Question: Do you need a TAX File Number to work in Australia?
Yeah, i want to get a job and i was wondering if it is compulsory to get a Tax file Number (TFN) to be able to work and get paid in Australia.
Do you need a TFN so you can pay tax?Answer: You need TFN to start an employment … unless it is under the table cash on hand kinda work.
No TFN, the employer will have to withhold 46.5% out of your wages.
Hassle Free Online Tax Return Systems
Tax Refund Scheme
Question: Reundancy and pensions?
hi all, first of all i will give a little info:
been paying into a company pension for 5 years.
my company has been taken over.
they have stopped the pension scheme as it was costing a lot of money.
they then start a new pension scheme, which i have not joined yet, was planning to and transferring my old into (which i am able to)
have just been notified of possible redundancy (90 days notice)i am wondering the legability of joining and transferring my units to the new, and if redundancy happens, would i get a refund of my total funds minus tax as i have been in the scheme less than 2 years?
thanks in advance, the person dealing with pensions is on holiday currently, so would like to know in advance if this is possible.
Answer: No – it will count as 5 years
If transferring a Pension allowed you to ‘start counting again’, we could ALL play that trick = in case you don’t know, you are legally entitled to Transfer your whole pension pot out of the company scheme and into a private plan ..
Mumbai blasts an attempt to create tension between India, Pakistan: Farooq Abdullah
Condemning the serial blasts in Mumbai, Union Minister Dr. Farooq Abdullah has said that it was an attempt to create tension between India and Pakistan by certain miscreants.
Tax rebate a done deal
Tax Files Number Australia
Question: How do I get my Tax File number for Australia?
I worked in Australia for 2 months(2 years prior) and applied for my Tax Number, it was successful but I never actually got it because I went back home to South Africa, now im immigrating to Australia and would like to know how I would get my Tax File number.
Answer: contact the ATO they will tell you all that you need to know
http://www.ato.gov.au/
Atrinsic Reports Operating Results for the Full Year and Fourth Quarter 2010
Atrinsic, Inc., (NASDAQ: ATRN), a marketer of direct-to-consumer subscription products, built around the Kazaa brand and an Internet search marketing agency, Atrinsic Interactive, announced full year and fourth quarter 2010 results today.
Sydney Chartered Accountants
Tax Refund Australia
Question: can someone who doesnt work but owns an investment property still get tax benefits?
my parents own an investment property. my dad works, my mum is on a disability pension. they just did the first Tax Refund since building the house. dad got back a total of $3,800 and mum got nothing. the tax agent said she doesnt get her 50% as she doesnt work. this doesnt seem right to me, she is missing out and getting nothing but the loan is in both names. also, the property cost $229,000 shouldnt they have got more back, given the interest alone they have paid is $10,000? and the depreciation on the stove, carpets etc? also, they should have got 5% toward cost of building? plus rates and taxes, legal fees, house insurance etc? it doesnt seem to me as if they got enough back and mum got nothing! does this seem right? what more would they be entitled to? they arent coming out ahead at all, more like a loss to me!! should they enquire about the refund? have it reviewed? does this sound right to you? we are in australia
Answer: Unfortunately in Australia this is right.
Because your mum doesn’t pay tax she has nothing to claim deductions against. Also has she told Centrelink she owns an investment property? She should do this soon so they can adjust her payments.
You cannot claim the cost of the property only any improvements you do to it. The deductions will go against any rent you received from it e.g. If you get $1 a week for the property (this is classed as income) & pay $0.50 for a new stove (this is a deduction) you will only have to pay tax on $0.50 left over. Any rent you earn from this property is classed as income on which you must pay tax.
In the long run having an investment property is a good thing as this is saving for their retirement.
Allpoint Network Signs Intuit
BETHESDA, Md. — Allpoint Network, a Cardtronics, Inc. affiliate and operator of the largest surcharge-free ATM network, has entered into an agreement with Intuit Inc. to provide surcharge-free ATM access at 43,000 Allpoint ATMs for all Intuit Refund Card and Intuit Pay Card customers.
E Tax Australia – Missed Tax Refunds ?
Tax Refund Scheme Airport
Question: Where can I buy iPad in London and get Tax Refund form?
I live outside of the EU, and I am eligible for VAT tax refund. So I want to buy an iPad, iPhone and get a tax refund.
As far as I know oficial Apple Stores do not provide such a service (they are not in participating in export scheme), thus I need to find some stores which can sell ipads and iphones and provide me with tax refund form, so that I can export them and get tax refunded in airport.So the question is – where are such stores in London?
Answer: Apple UK does offer VAT refund forms (tax free shopping), it is called Global Blue. Just ask for this when you get to the shop. Take a look here http://www.apple.com/legal/sales_policies/retail_uk.html
Vancouver judge releases reason for Ian Thow sentencing
A Vancouver Provincial Court judge released his reasons for sentencing against convicted investment adviser Ian Thow.
[The Cho-i Belief] 101112 Incheon Airport – Kyuhyun waiting for tax refund