PDA

View Full Version : small business needs a tax break


blown vess
08-09-2010, 02:48 PM
got my tax bill from the ATO $120k wtf you do the right thing by building a small business and employing people just to be kicked inthe guts. over it thinking about getting out and working for wages :mad:

DC347
08-09-2010, 04:49 PM
There are plenty of people out there that need to keep their lifestyle, and you tax dollars pay for it

Was on shift the other arvo when we were called to a house in the state housing area. Arrived to find a womam drunker than ten men in here back yard with the biggest bomb fire you have ever seen, apparently and I quote "celebrating the last day of summer" After lots of discussion that got more and more heated I told her either she or we were putting it out. Thats when things got real ugly. The "c" bomb was used every second word as well as everything else she could lay her tongue too. Than all of her neighbours recieved a mouthful in which some took too heart because they were as pissed as she was and everyone was going to punch each other in the head. Told the boys to finish the job packup and get out of here. Comment was made " Thats our tax dollars at work"

416SS
09-09-2010, 08:35 AM
Know your pain Brad, I guess the only way to look at it is if you get a big tax bill, then you made some good money. And as i'm sure you do, find each and every writeoff you can find.. Cause the A T O will sc*#w you in the a** whenever they get the opportunity.
I quite often think about becoming an employee again... oh the memories... no stress (or not as much depending on your work) Go to work and then go home and switch off..

EVLHSV
09-09-2010, 11:25 PM
OUCH....... Sorry to here Brad as Dave said just write as much as you can off! As you said do the right thing and you get screwed. I think it's time you find 1 of those good Accountants.....

speak soon.

PROPSI
09-09-2010, 11:34 PM
Mate i know a few small owners and they are now forced to cut the corners to survive.

money well spent...................

blown vess
10-09-2010, 09:46 AM
struck a deal with the ato $50k on the 15th sept then pay the rest over 2 years starting to feel a little less stressed

416SS
10-09-2010, 10:20 AM
Good to hear Brad, you dont need the stress...
If you want i will drop it in for you.. just give me a signed cheque for 50k and i will fill out the other details..hehe :)

Na, but jokes aside mate they dont miss you hey.

blown vess
10-09-2010, 01:09 PM
your a funny man Dave just means I'll have slow up my other projects for a while

416SS
10-09-2010, 02:17 PM
:).....................