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Thewlis posted:Hey Auspol, quick question. If the Pharma company is a US subsidiary (or even does business in the USA possibly) then they may be normalising their global policies in order to comply with the US laws: http://www.in-pharmatechnologist.com/Ingredients/New-US-House-bill-would-require-drug-testing-for-pharma-employees Then again Australia may have done something similar for similar reasons. Hypation fucked around with this message at 05:59 on May 29, 2014 |
# ? May 29, 2014 05:53 |
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# ? Jun 9, 2024 01:08 |
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Talking to people at work over the last few days and one topic's been coming up a lot - superannuation. It used to be that most everyone I knew would contribute extra to their super each week. I stopped ages ago because it seemed painfully obvious to me that it was pointless and, unless I took up a career in politics, I'd never get to actually see my money. Now that view is getting a lot more common - at least where I work. I know of at least ten people who have stopped making extra payments and they've remarked that payroll told them it was happening everywhere.
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# ? May 29, 2014 05:54 |
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People want the extra money in their pocket and/or it's only something like $500 extra that gets you a government contribution. Those people need to work harder as hard work propels you into higher income brackets and then dumping your money into super becomes a tax dodge.
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# ? May 29, 2014 06:02 |
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Gorilla Salad posted:Talking to people at work over the last few days and one topic's been coming up a lot - superannuation. It used to be that most everyone I knew would contribute extra to their super each week. I stopped ages ago because it seemed painfully obvious to me that it was pointless and, unless I took up a career in politics, I'd never get to actually see my money. At 15% Tax - of course I contribute to super. You think I want to end up on the Pension? Increasing the superannuation contribution rate was a good idea of the ALP - it should have been raised further though. I think the underlying theme is a function of short-termism plus increased costs of living plus a feeling that you have a right to welfare and no obligation not to avoid the need to rely on it. Nibbles141 posted:People want the extra money in their pocket and/or it's only something like $500 extra that gets you a government contribution. Instead of making Super 15% tax for all, why not make it a percentage of your current tax rate? ie your super tax rate is 30% to 50% of your existing tax rate. I think that is a fairer way to do it and make future middle income retirees less dependant on the pension. [This is not a trap I don't have anything up my sleeve - you can actually agree with this one] Hypation fucked around with this message at 06:08 on May 29, 2014 |
# ? May 29, 2014 06:03 |
How good is the $35b* in upper class tax welfare we dole out to people like hypation every year? *projected to grow to $50b in two years time e: didn't see edit.
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# ? May 29, 2014 06:10 |
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If the rationale is to reduce pressure on the pension, then there should be a limit. Without knowing the numbers something like 15% tax rate on any voluntary contributions while your overall super contribution for the year is less than 25K, and then no tax concessions for super contributions after that. All it does at higher tax brackets is present a tax haven and a major loss of revenue for the government.
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# ? May 29, 2014 06:12 |
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Not really the lower your income the lower the contributions you're able to make anyway and the lower the contributions the lower their impact on the end result of your super. You could make incentives the other way, ie penalties for not contribution certain amounts in certain income brackets but that would never get off the ground.
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# ? May 29, 2014 06:12 |
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Just as an addendum to the recovery of HECS debt from dead people discussion this morning. This is relevant to those of you looking at heading overseas to avoid paying it back: http://www.abc.net.au/news/2014-05-29/abbott-rules-out-chasing-post-mortem-hecs-debts/5485736 quote:He [Bruce Billson] said the Government was more focused on collecting HECS debts from graduates who work overseas and do not pay taxes in Australia.
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# ? May 29, 2014 06:13 |
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Bent Wookiee posted:Just as an addendum to the recovery of HECS debt from dead people discussion this morning. This is relevant to those of you looking at heading overseas to avoid paying it back: Stop the foreign refugees from coming in; stop the HESC refugees from going out.
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# ? May 29, 2014 06:16 |
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I'm fairly sure that other countries are not allowed to collect tax on the behalf of another government.
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# ? May 29, 2014 06:16 |
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Gorilla Salad posted:Talking to people at work over the last few days and one topic's been coming up a lot - superannuation. It used to be that most everyone I knew would contribute extra to their super each week. I stopped ages ago because it seemed painfully obvious to me that it was pointless and, unless I took up a career in politics, I'd never get to actually see my money. What makes you think you won't get to see your money? Not contributing to super is a really bad idea, you don't want to end up living on Centrelink and cat food.
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# ? May 29, 2014 06:17 |
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Just take people's passports when they sign up for HECS imo
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# ? May 29, 2014 06:17 |
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Murodese posted:I'm fairly sure that other countries are not allowed to collect tax on the behalf of another government. I know America makes an effort to tax its expats.
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# ? May 29, 2014 06:18 |
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Bent Wookiee posted:Just as an addendum to the recovery of HECS debt from dead people discussion this morning. This is relevant to those of you looking at heading overseas to avoid paying it back: Do they even have any stats that show a significant number of people have been heading overseas and not paying their HECS back?
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# ? May 29, 2014 06:18 |
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Mr Chips posted:Do they even have any stats that show a significant number of people have been heading overseas and not paying their HECS back?
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# ? May 29, 2014 06:21 |
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https://www.youtube.com/watch?v=lQoT9xXRXtY
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# ? May 29, 2014 06:26 |
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Basically when I retire I'm gonna start cooking meth and if it blows up and kills me who gives a poo poo the world is hosed anyway. Good to see that Liberal guy getting stripped of his award for having an opinion. Imagine if they did that with Nobel prizes. You can't retrospectively take back an award, does he have to hand back the physical part of the award? It's just so awkward and makes no sense.
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# ? May 29, 2014 06:34 |
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quote:A Victorian mother is demanding answers after her teenage daughter's armpits were shaved by her teacher as part of the school's curriculum.
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# ? May 29, 2014 06:44 |
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Looking forward to "The Shave" coming soon to ABC tv.i got banned posted:Good to see that Liberal guy getting stripped of his award for having an opinion. Imagine if they did that with Nobel prizes. You can't retrospectively take back an award, does he have to hand back the physical part of the award? It's just so awkward and makes no sense. It works just like on TV. The Chief's all "hand in your Nobel, you're off the force." "...and the other one" *pulls second, smaller, Nobel prize from ankle holster and throws it on desk*
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# ? May 29, 2014 06:46 |
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Murodese posted:I'm fairly sure that other countries are not allowed to collect tax on the behalf of another government. You get taxed in the country where you 'earned' the income and I was still taxed in Australia when working overseas on Australian sourced income, in most cases you just get a foreign tax credit back for taxes you've paid to avoid double taxation. They can definitely tax people who are overseas but the problem would be trying to find these people and also how much they earn.
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# ? May 29, 2014 06:48 |
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And for whoever wanted the column with the IMF stuff: http://www.theage.com.au/comment/trickledown-theory-all-washed-up-now-20140527-zrpcc.htmlquote:The International Monetary Fund is one of a number of influential groups now raising concerns that austerity budgets in a post-GFC world not only contribute to inequality but also act as a major brake on sustainable economic growth. The IMF's vocal stance is particularly significant because it comes from the group most synonymous over the past three decades for advocating big social service cuts to spur growth.
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# ? May 29, 2014 06:48 |
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There's no intrinsic reason why the ATO can't enter into an agreement with HM Treasury to collect money from Australian nationals in the UK or whatever. It's the same contractual idea as ye olde tax farmers. You're still subject to both sets of laws, the same way that if you're a paedo you can go to both Cambodian jail and Australian gaol.
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# ? May 29, 2014 07:00 |
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Kegslayer posted:You get taxed in the country where you 'earned' the income and I was still taxed in Australia when working overseas on Australian sourced income, in most cases you just get a foreign tax credit back for taxes you've paid to avoid double taxation. If you're overseas for the entire tax year, you're not required to file a tax return or pay tax in Australia, though. Just the country you're residing in. In addition, countries that we share reciprocal healthcare with (ie. Belgium) don't charge you the medicare levy, but they do charge Australia for any medical treatment given to you.
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# ? May 29, 2014 07:06 |
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Life Skills is code for "special needs but we don't fund anything to assist special needs so here's an easier curriculum." I'm going to hazard a guess and say its a PE teacher trying to meet some life skills outcomes about hygiene or something. PE teachers are all just temporarily embarrassed sportsball superstars earning a crust making fat kids cry in between bouts of complaining about having to teach actual book stuff with words about things and stuff when there's a footy somewhere not being kicked and a fat kid somewhere feeling slightly better than miserable. This is why PE teachers think it's ok to publicly shave children.
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# ? May 29, 2014 07:08 |
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quote:George Brandis accused of 'gagging' race discrimination commissioner Tim Soutphommasane over changes to race-hate laws (Man)Children. Also worth a special quote: quote:Mr Innes' position, which was cut in the budget, receives nearly 40 per cent of all complaints to the commission, more than double the sex discrimination commissioner, the next most common source of complaints. adamantium|wang fucked around with this message at 07:13 on May 29, 2014 |
# ? May 29, 2014 07:09 |
Smegmatron posted:Life Skills is code for "special needs but we don't fund anything to assist special needs so here's an easier curriculum." Sounds like you're mad about imaginary sitcom stereotype jock sports teachers
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# ? May 29, 2014 07:21 |
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Fantastic
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# ? May 29, 2014 07:22 |
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Haters Objector posted:Sounds like you
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# ? May 29, 2014 07:23 |
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Murodese posted:If you're overseas for the entire tax year, you're not required to file a tax return or pay tax in Australia, though. Just the country you're residing in. In addition, countries that we share reciprocal healthcare with (ie. Belgium) don't charge you the medicare levy, but they do charge Australia for any medical treatment given to you. From memory, unless you leave permanently, you pretty much always need to file a return (since you need to declare your foreign employment income) and you can still be considered an Australian resident for tax purposes if you meet the various criteria. You get taxed on income that was derived from Australia and worldwide but you get the relevant foreign tax credits back on tax you've paid. edit: adamantium|wang posted:Senator Brandis refused to accept that the removal of the full-time commissioner is a downgrading of the role. I don't even understand how that works in his brain.
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# ? May 29, 2014 07:24 |
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Given that the government is seemingly ignoring the amount of complaints as to disability and employment whilst trying to strip the disability pension to force people back into work, cognitive dissonance seems par for the course
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# ? May 29, 2014 07:28 |
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Nibbles141 posted:Given that the government is seemingly ignoring the amount of complaints as to disability and employment whilst trying to strip the disability pension to force people back into work, cognitive dissonance seems par for the course Thats not cognative dissonance. That is proper planning. They know disabled people will be screwed, so they remove the ability for them to effectivly complain first. Hang the lot of them.
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# ? May 29, 2014 07:30 |
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Auspol May - We know where we are now... which is tragic.
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# ? May 29, 2014 07:38 |
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Australian Politics - May Edition: Joe is love, Joe is life
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# ? May 29, 2014 08:01 |
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Does anyone know where to find the quintile breakdowns for a)income earned and b)fraction of total tax paid? (ie the top 20% of income earners make X% of all earned income and pay Y% of all income tax paid). I've been trawling the ABS but haven't found anything explicit.
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# ? May 29, 2014 08:09 |
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Cat Meowgill or Grog probably have a post about it somewhere. ---------- https://www.youtube.com/watch?v=XLoZalF29JY Hahahahahahahaha E: Sound goes a bit poo poo a few minutes in. Doctor Spaceman fucked around with this message at 08:24 on May 29, 2014 |
# ? May 29, 2014 08:12 |
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Mr Chips posted:Does anyone know where to find the quintile breakdowns for a)income earned and b)fraction of total tax paid? (ie the top 20% of income earners make X% of all earned income and pay Y% of all income tax paid). I've been trawling the ABS but haven't found anything explicit. This one? http://www.abs.gov.au/ausstats/abs@...9-10&num=&view=
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# ? May 29, 2014 08:24 |
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A new Christopher Pyne initiative? http://www.theage.com.au/victoria/mother-wants-answers-after-teenage-daughters-armpits-were-shaved-by-teacher-20140529-396jg.html quote:Mother wants answers after teenage daughter's armpits were shaved by teacher edit: oh poo poo I should read the thread before posting
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# ? May 29, 2014 08:30 |
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Doctor Spaceman posted:I know America makes an effort to tax its expats. Yep, I've got to file a US tax return every year, even though I owe nothing due to reciprocity for local taxes paid and other things like a tax free threshold and overseas cost of living stuff. Still a pain in the rear end, and it just gets worse with things like the FBAR, which requires me to report the balances of every single overseas bank account I have once the balance in one of them goes over $10k at any time during the year. Fines for not filing an FBAR start at $10k and go up to well over $100k depending on the circumstances. People have been fined for literally more money than they actually have in the overseas accounts, even when they've done nothing illegal other than forget to file. It did surprise me when I moved here and found out people didn't have to repay HECS if they moved overseas. Guess I just figured a loan was a loan, and you had to pay it off no matter where you live. Man, the amount of extra money I'd have right now if I hadn't been sending back thousands and thousand of dollars to the US for student loan payments every year is painful to even calculate. The joke back when I lived in the US was that the easiest way to find Bin Laden would be to tell a loan company like Sallie Mae that he was late on student loan payments, and they'd have him found in no time. I wouldn't be surprised in the slightest to see the gov start to require AU expats to file returns every year, even if they owe nothing in Australian taxes, just like the US does. Once they start doing that, they'll start hitting up expats for HECS payments and other stuff.
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# ? May 29, 2014 08:37 |
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It might make sense for a country like the US but is guess the cost of administration against what they would get back doesn't make it worthwhile. Probably why HECS isn't chased in the first place. Just as likely that it wasn't considered when HECS was introduced as they didn't forsee governments dumb enough to cut funds making the more desirable skilled jobs elsewhere.
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# ? May 29, 2014 08:40 |
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# ? Jun 9, 2024 01:08 |
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Haters Objector posted:Sounds like you're mad about imaginary sitcom stereotype jock sports teachers I know a lot more PE teachers than you do
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# ? May 29, 2014 08:43 |