Comments for NoMoney

Comment on Should you repay your HELP-HECS loan or not? by Scott

Scott — Wed, 17 Aug 2011 03:40:25 +0000

Thanks Dash

Agree that it is correct to tell the ATO you have a HELP debt when you complete your TFN declaration form (when you get a new job).

I more meant for people who had an existing job (say through high school) who had already completed the TFN declaration form. But I agree that the correct thing to do is to advise your employer (who might start taking extra tax out).

Yes – I was aware the voluntary repayment has dropped to 5% – just hadn’t had time to write about it!!
Cheers
Scott

Comment on Should you repay your HELP-HECS loan or not? by dash

dash — Mon, 08 Aug 2011 01:18:14 +0000

Just got off the phone with the ATO, they said telling your employer that you don’t have a HELP debt means you could be penalized/fined. Especially if you are holding off mandatory repayments to make a bulk voluntary repayment later. Thoughts?

Thanks for the article BTW.

And FYI the 10% bonus drops to 5% after 1 January 2012.

Comment on What can I claim for tax? Office Workers by Scott

Scott — Tue, 12 Jul 2011 11:31:39 +0000

Hi Johnny
I try not to give specific advice – but one-on-one I’d ask about what sort of job you do & whether the CA subscription has a link to the work you do.
Scott

Comment on Tax tips for under 30s – Retail, hospitality, office workers and tradesmen by What can I claim for tax? Office Workers | NoMoney

What can I claim for tax? Office Workers | NoMoney — Tue, 12 Jul 2011 11:10:20 +0000

[...] July 2011 update -Also – check out my latest tips for those working in retail, hospitality, office workers and tradies at: http://www.nomoney.com.au/taxtips [...]

Comment on Buying a new car – for the cheapest price by Scott

Scott — Tue, 12 Jul 2011 10:59:15 +0000

Hi Noel
sorry for the delay – I manually approve comments so I don’t get any spam on the site (you wouldn’t believe the amount of spam sites like this get).
Scott

Comment on What can I claim for tax? Office Workers by Pip

Pip — Tue, 12 Jul 2011 05:52:43 +0000

I am doing a Cert IV Business Administration course that the Government has subsidized thru work.
As this is a correspondence online course, i do 99% of it from home (on my own time as i am too busy thru work hours) and have had to buy new Microsoft Office Software to be able to do a majority of it.
What can i claim? Can i also claim internet usage

Comment on Buying a new car – for the cheapest price by Noel

Noel — Tue, 12 Jul 2011 05:21:44 +0000

Don’t delete my comments. Is this site impartial or not?

Comment on Buying a new car – for the cheapest price by Noel

Noel — Tue, 12 Jul 2011 05:19:46 +0000

Don’t you believe it!
I was able to achieve a lower price than quoted by NewCarsPlus by approaching 2 retail dealerships in person. Guess where I bought my car?
My advice: “Shop Around”

Comment on Buying a new car – for the cheapest price by Noel

Noel — Mon, 11 Jul 2011 06:02:07 +0000

Don’t you believe it!
Despite their marketing hype I was offered prices lower than what NewCarsPlus was able to obtain by approaching retail dealerships in person.
Two dealerships offered me a lower price! Guess where I bought my car?
My advice “shop around”!

Comment on What can I claim for tax? Office Workers by Johnny Smith

Johnny Smith — Fri, 01 Jul 2011 01:40:05 +0000

Hi,

For the deduction of membership fees, can I deduct the membership fees I pay for my Chartered Accountancy that is based in the UK?

Thanks,
Johnny