Tax exemption - Fact or Fiction?

[mumo5]

Ok, the story starts with me being quite exausted since I'd just given birth to my darling 5th child. Still on the delivery table and my dp leans over to me and says "JUST TWO MORE KIDS DARLING AND I DON'T HAVE TO PAY TAXES FOR THE REST OF MY LIFE!":eek:

Just wondering to all you ladies out there of large or small families if anyone has heard of that one? Not the fact that my dp is truely not the most sensitive bloke going around but is what he said true or has anyone heard of something similar?

I'm not thinking of having more kids because they could be a tax write-off but it would be a bonus though :o

[Anna77]

Not sure.. it would be interesting to find out!

[mumo5]

yeah I'm hoping this thread looks interesting enough for people to view it. As my dp says "only 2 more" :eek: :laughing:

[tally]

My DH's who is an accountants only comment was "Yeh Right"

I think he may have been having you on.. Sorry

[PunkyDiva]

I have 5 and we pay same amount of tax as everyone else.

[whatwasithinking]

Definatly NOT true!!!!!!!!!!!!!!!!!!! As an ex ATO worker I can absolutly confirm it is a furfy.

No such thing No such beast No way - does your DH get the hint now!!!!!!!

Congrats on the birth of baby number 5 by the way.

[Mum2Bug]

Nope not true.

But you can always look in straight in the eye and say "Only if you have them hun":D :devil6:

[mumo5]

Definatly NOT true!!!!!!!!!!!!!!!!!!! As an ex ATO worker I can absolutly confirm it is a furfy.

No such thing No such beast No way - does your DH get the hint now!!!!!!!

Congrats on the birth of baby number 5 by the way.

ok. :detective: Well guys I think we got our answer. But it was a good thought while it lasted hey? :rolleyes: Now I don't have to feel guilty if I decide not to have the extras.

BUT I THINK IT'S A FABULOUS IDEA JOHN HOWARD!!!!!!!!!!!!

What do you say girls?????????? :yes:

[Josh]

Hi Mumo5 , I think what your husband is saying is while you work it is tax free when you have a lot of kids because of the family payment , that is the case for us ,we have 9 kids and because of the amount of family payment we get my husband works tax free, if you can understand all of that, also we dont pay any medicare levy or surcharge because my husbands income is below what is required. Hope all helps.


Jodie 37
Husband 42
Rhiannah 17
Biankah 16
Dane 11
Alisha 6
Azminah 5
Zahid 3
Zhakri 2
Khalid 14mths
Azhar born on 7/3/2007.Valentine

[motherlylove]

Hi Mumo5 , I think what your husband is saying is while you work it is tax free when you have a lot of kids because of the family payment , that is the case for us ,we have 9 kids and because of the amount of family payment we get my husband works tax free, if you can understand all of that, also we dont pay any medicare levy or surcharge because my husbands income is below what is required. Hope all helps.


Jodie 37
Husband 42
Rhiannah 17
Biankah 16
Dane 11
Alisha 6
Azminah 5
Zahid 3
Zhakri 2
Khalid 14mths
Azhar born on 7/3/2007.Valentine

WOW

[mumo5]

Hi Mumo5 , I think what your husband is saying is while you work it is tax free when you have a lot of kids because of the family payment , that is the case for us ,we have 9 kids and because of the amount of family payment we get my husband works tax free, if you can understand all of that, also we dont pay any medicare levy or surcharge because my husbands income is below what is required. Hope all helps.


Jodie 37
Husband 42
Rhiannah 17
Biankah 16
Dane 11
Alisha 6
Azminah 5
Zahid 3
Zhakri 2
Khalid 14mths
Azhar born on 7/3/2007.Valentine

AHHH! Right. Well that makes sense actually. Cause what I get a fortnight on family tax benefit is more than what dp pays in tax a fortnight. Although his fortnightly pay make it impossible for me to get parenting payment. :(
(That sad face is because I'm greedy and would love to go and get some new clothes every now and again :rolleyes: lol)
And you lucky thing having so many little treasures. I'd love to have more but am a bit in limbo whenever I sit and think about what I'd want. If that makes sense at all. As much as everyone thinks we get so much from FTB it goes quite quickly when we are wanting food and other necessities. BUT... I love every moment with my little ones (especially the quiet moments if you know what I mean :sleeping: lol )

[V8]

Jodie - wow 9 kids, that's awesome! :thumbsup: