+ Reply to Thread
Page 14 of 24 FirstFirst ... 41213141516 ... LastLast
Results 131 to 140 of 232
  1. #131
    Join Date
    May 2009
    Posts
    1,973
    Thanks
    2
    Thanked
    605
    Reviews
    0
    Achievements:Topaz Star - 500 posts
    I find the centre link website so hard to navigate. Can someone tell me: does everyone get FTB or is it means tested. If so what's the income limit?

  2. #132
    headoverfeet's Avatar
    headoverfeet is offline The truth will set you free, but first it will **** you off. -Gloria Steinem
    Join Date
    Nov 2007
    Location
    Australia
    Posts
    18,954
    Thanks
    3,142
    Thanked
    4,892
    Reviews
    1
    Achievements:Topaz Star - 500 postsAmber Star - 2,000 postsAmethyst Star - 5,000 postsEmerald Star - 10,000 postsRuby Star - 15,000 posts
    Awards:
    100 Posts in a week
    Quote Originally Posted by lemonpancakes View Post
    I find the centre link website so hard to navigate. Can someone tell me: does everyone get FTB or is it means tested. If so what's the income limit?
    http://www.centrelink.gov.au/interne...ents/ftb_b.htm

  3. #133
    Join Date
    Feb 2008
    Location
    Brisbane
    Posts
    12,292
    Thanks
    1,571
    Thanked
    1,225
    Reviews
    0
    Achievements:Topaz Star - 500 postsAmber Star - 2,000 postsAmethyst Star - 5,000 postsEmerald Star - 10,000 posts
    Awards:
    Past Moderator - Thank you
    Bubhub Blogger
    without a tax return they're unable to cross match and refund.

    There have been some great thoughts here. I have a budget, and am being extra strict on it atm in case I don't get a new job before the end of my redeployment period at work. I'm within my $150 a fortnight food budget despite doing a pantry stock and if I can keep this up the sups will be 100% unaccounted for So YAY. I can treat myself. I might even consider a secondhand ipad!

  4. The Following User Says Thank You to Izy For This Useful Post:

    Ffrenchknickers  (17-06-2012)

  5. #134
    Join Date
    Jun 2011
    Posts
    601
    Thanks
    221
    Thanked
    181
    Reviews
    1
    Achievements:Topaz Star - 500 posts
    Quote Originally Posted by Misschief View Post
    I receive FTB A and B and I grossly over estimate my income. I am on a basic pension and usually do not do tax returns until I started my teeny weeny business.
    It only gives me an extra 100 bucks a month orso. Its more a hobby than that I make a lot of money. Yet I have to pay tax on it.

    I'll have to keep my eyes open this year and see how much I receive. That 100 bucks isn't enough for Centerlink to cut my pension, but the ATO STILL wants a piece of it
    Completely off topic and may not be relevant but...You can make money from a hobby without the ATO touching a piece of your pie.

    You cant claim deductions etc like a business but just wanted to make you aware if you didn't know already.

    The ATO website has further details under the 'am i a business' heading.

    Sent from my GT-I9100 using BubHub

  6. The Following User Says Thank You to CupidsVictim For This Useful Post:

    Ffrenchknickers  (17-06-2012)

  7. #135
    Join Date
    Sep 2009
    Posts
    4,956
    Thanks
    666
    Thanked
    636
    Reviews
    7
    Achievements:Topaz Star - 500 postsAmber Star - 2,000 posts
    Quote Originally Posted by CupidsVictim View Post
    Completely off topic and may not be relevant but...You can make money from a hobby without the ATO touching a piece of your pie.

    You cant claim deductions etc like a business but just wanted to make you aware if you didn't know already.

    The ATO website has further details under the 'am i a business' heading.

    Sent from my GT-I9100 using BubHub
    Are you serious???? My accountant keeps telling me I have to do a tax return and pay tax on the money I "make", which is bugger all if you take the costs of the materials and the amount of time I spend on making these items
    I'm so not impressed. I will ring the ATO first thing Monday morning. I haven't even got an ABN or anything, let alone a registered business name

    Quote Originally Posted by missie_mack View Post
    I haven't either except when I am a SAHM on parental leave. One year we got some FTB A and I got a tiny amount for the supp and when I questioned them they told me it is up to $700 per a child and the amount goes down the closer you get to the cut off.
    I haven't been cut of whatsoever. I still get the full pension though

  8. #136
    HugsBunny's Avatar
    HugsBunny is offline Once upon a time there was a bunny.........
    Join Date
    Oct 2008
    Posts
    6,603
    Thanks
    4,531
    Thanked
    1,966
    Reviews
    0
    Achievements:Topaz Star - 500 postsAmber Star - 2,000 postsAmethyst Star - 5,000 posts
    Quote Originally Posted by Misschief View Post
    Are you serious???? My accountant keeps telling me I have to do a tax return and pay tax on the money I "make", which is bugger all if you take the costs of the materials and the amount of time I spend on making these items
    I'm so not impressed. I will ring the ATO first thing Monday morning. I haven't even got an ABN or anything, let alone a registered business name



    I haven't been cut of whatsoever. I still get the full pension though
    You need a new accountant. Mine just screwed me over royally too.

  9. The Following User Says Thank You to HugsBunny For This Useful Post:

    Izy  (17-06-2012)

  10. #137
    Join Date
    Jun 2011
    Posts
    601
    Thanks
    221
    Thanked
    181
    Reviews
    1
    Achievements:Topaz Star - 500 posts
    Quote Originally Posted by Misschief View Post
    Are you serious???? My accountant keeps telling me I have to do a tax return and pay tax on the money I "make", which is bugger all if you take the costs of the materials and the amount of time I spend on making these items
    I'm so not impressed. I will ring the ATO first thing Monday morning. I haven't even got an ABN or anything, let alone a registered business name
    Im glad i said something now yes, definitely call the ATO!!

    If you are only making about $100 a month and its a hobby of yours, i would consider it a hobby and not a business for tax purposes (im no accountant but i know plenty of them)

    http://www.ato.gov.au/content/19785.htm

    As a PP also mentioned... Find a new accountant


    Sent from my GT-I9100 using BubHub

  11. The Following User Says Thank You to CupidsVictim For This Useful Post:

    Ffrenchknickers  (17-06-2012)

  12. #138
    Join Date
    Sep 2009
    Posts
    4,956
    Thanks
    666
    Thanked
    636
    Reviews
    7
    Achievements:Topaz Star - 500 postsAmber Star - 2,000 posts
    Yeah definitely looking for a new accountant now. I only went with this guy because he's my fathers business accountant and he was highly recommended. He charges $125,- do a basic tax return, so that's like 10% of what I "make" per year lol.

  13. #139
    HugsBunny's Avatar
    HugsBunny is offline Once upon a time there was a bunny.........
    Join Date
    Oct 2008
    Posts
    6,603
    Thanks
    4,531
    Thanked
    1,966
    Reviews
    0
    Achievements:Topaz Star - 500 postsAmber Star - 2,000 postsAmethyst Star - 5,000 posts
    Quote Originally Posted by Misschief View Post
    Yeah definitely looking for a new accountant now. I only went with this guy because he's my fathers business accountant and he was highly recommended. He charges $125,- do a basic tax return, so that's like 10% of what I "make" per year lol.
    Yeah my accountant charges $120 per BAS and $300 for a tax return!!!!!

  14. #140
    Join Date
    Apr 2012
    Posts
    17
    Thanks
    0
    Thanked
    0
    Reviews
    0
    Does anyone know when we receive this payment, is it just around tax time? =)


 

Similar Threads

  1. Q for those that track all your spending...
    By Gothel in forum Family Finances
    Replies: 7
    Last Post: 15-08-2012, 15:16
  2. Replies: 33
    Last Post: 04-04-2012, 16:02
  3. how are you spending your sunday?
    By trishalishous in forum General Chat
    Replies: 31
    Last Post: 05-02-2012, 19:21

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
free weekly newsletters | sign up now!
who are these people who write great posts? meet our hubbub authors!
Learn how you can contribute to the hubbub!

reviews
learn how you can become a reviewer!

competitions

forum - chatting now
christmas gift guidesee all Red Stocking
Nice Pak Products
Australian Made and Owned. The Baby U Goat Milk Skincare range is enriched with soothing goats milk sourced from country, Victoria. Goat's milk has a pH level close to that of our own skin and contains natural sources of amino acids and vitamins.
sales & new stuffsee all
CarmelsBeautySecrets
Growing your own natural nails is easy. Years ago, I devised a simple and very effective technique which really helps boosts the nails' growth in as little as three days! And most importantly keeps them that way.
featured supporter
Hills Swimming Kenthurst
Located in the beautiful suburb of Kenthurst and boasts a heated 25m pool. We conduct world-leading Baby and Parent Classes, Preschool Classes, School Age and Squad Training. Our classes are small, our service personal and our quality of the highest.
gotcha
X

Pregnant for the first-time?

Not sure where to start? We can help!

Our Insider Programs for pregnancy first-timers will lead you step-by-step through the 14 Pregnancy Must Dos!