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Claiming travel as a tax deduction

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This is why the current system is so ridiculous.. half my friends that went to a private school with me last year managed to get onto Youth Allowance even though most of their parents are able to drive them to school in BMWs and Mercs... Yet I don't qualify because I have to many liquid assets

The way the system is currently set up is pathetic and allows the people who don't deserve it to get our hard earned tax dollars. Also.. many of the people on lower incomes and gov't benefits waste our money on alcohol and cigarettes anyway. A lot of the time its their fault for not having savings by the time they retire. I could probably live of a 20k/yr income and still manage to save 5k a year. Over 40yrs working that would yield 200k if properly invested, I over that time.. probably 1M. People on low incomes can save if they wanted to, its just that they choose not to...
 
jono1887 said:
People on low incomes can save if they wanted to, its just that they choose not to...
Click to expand...

I thinks it more that they dont know how to, as it is never taught. How can we have a society where management of one of the most important factors in our life (money), is not taught even the slightest bit in schools? Not one national class/subject on budgeting, money management, debt etc

Off topic sorry
 

Yes there are a few who can rort the system at that age, these guys usually make good accountants as they are able to find loop holes for clients - I have many friends who have done the whole youth allowance thing. I even was asked why I bothered working 2 days a week as an accountant whilst finishing my last year of uni, when i can get youth allowance.

Second point, I have seen family members and friends require the dole for various reasons in their lives, this was usually forced upon them through death of a husband, rudundancy. I hope you never require it.
 


Ok your follow up post just confirmed your idiot status.
There is absloutly NO WAY you could live off 20k a year and save 5k on that with out some form of PARENTAL OR GOVERNMENTAL SUPPORT.

15k pa gives you a grand total of $288 per week. That is before rent, before transport costs, before food, before electricity/water/gas/council rates, before clothing, before insurance, before a ****e load of other essentials (internet/telephone considered nearly essential in this day and age?)

What about raising a kid one day? Costs there as well. let alone the costs involved with trying to find someone who wants to share their life with you

But i guess if you want to go live like a hobbit in a stolen caraven on crown land out in the bush you could manage it. But living as a part of society, i challenge you to prove that its possible for an extended period of time.

Cost of living in Australia is HIGH, champ.

Dumb post 2.
 
How did my thread on travel rorts get hijacked about general disgust on our unfair tax system?????

Actually I think Jono1887's post is very valid. Another way to live of 20k a year is just go live in a cheap country, walk instead of use cars/public transport, grow your own food, etc. Yes it will become difficult if you have kids.
Although if you are on your own, 20k is plenty.

I lived in India at a beach resort and had everything I needed for just $200 a week. So thats only 10k a year. Ofcourse during that time, I didnt have to purchase an education, or incur any medical costs.

PS. Insurance, clothes, gas, internet, phone are not essentials to everyone.

Smart post Jono1887
 
India is not Australia.

Living standards in Australia > Living standards in Australia.


Jono's post was clearly implying living in Australia as well.

Remains a dumb post.


P.S. In Australia, and living as part of society, yes they are.
 
Waz,

Yes you can live in India for that, but you wouldnt be getting benefits form the Aussie Govt
 
And exactly what benefits is the Australian governement providing me.

If I never get sick, I never have to see a doctor or goto a hosipital. (I last used my medicare card in Feb 08)
If I live in an area with no crime, I never need the police
If I live in a peaceful country, I will never need a defence force
If I own no car, I never pay greenslip/registration/insurance
If I make my own clothes and I dont grow, I never need to buy them
If I have electricity, I dont need gas
If I have no friends, I dont need a phone
If I dont own a computer, I dont need internet

There is a guy who lives on the cliff near Bondi (he has a beautiful camp site set up), his quality of life is fantastic. Im sure he lives on less than 20k a year.

Whats to say I need to live in Mcmansion, drive a car and be a consumer and have kids to be part of Australian society.
 
Please point me to this magical place where there is no sickness, no crime, no threat of war, where cars grow on trees, where electricity is free and the appliances that use it are as well, where you will remain sane with out friends, and where you can remain an integrated part of society with out a computer.

Give up on this stupid argument
 

Waz, I get what you're saying, but simply living in a community implies acceptance of the need to support its weakest and most needy members.
So your Bondi bloke above - if he were to really be a demonstration of the principle you're describing - would probably need to live out in the bush, miles from any services.

Might start a separate thread on welfare as it's obviously a topic which provokes some fairly strong feelings.
 

$288 a week is plenty.. I live in a share house with other students for $160/week (incl rent, electricity, internet, water, insurance).
Food costs are $50-60/week and transport (weekly 2 zone bus ticket) $11.60.

Grand total of $231.60 a week... with $50 remaining for movies, entertainment ect ect...

*oh and phone bill is only $10/month... $2.5/week (I'm on 3 and so are all my friends and fam, so 500min free calls a month)
and get clothes from the op-shop, you can get brand name clothes for under $15 :

Living on 15k a year on decent living standards is very easy. I have uni friends that live on less then me.. the can eat on only $30/week by pooling together and cooking larger meals which they share. Also, there are far cheaper rooms in brisbane for ~$100-120 with elec/net/water included.

I'm neither living in a caravan park or like a hobbit, I have all the essentials required for decent standard of living all for under 15k a year.
 
Largesse said:
India is not Australia.

Living standards in Australia > Living standards in Australia.


Jono's post was clearly implying living in Australia as well.

Remains a dumb post.


P.S. In Australia, and living as part of society, yes they are.
Click to expand...

My post was not a dumb post.. I admit that if you were to have a family it would be different. But as you can see from my previous post, living on your own.. you can easily get by with 15k a year with internet, electricity, water, rent, food and transport (if you are willing to with with bus/train/ferry)..
 
You can only do this because you're sharing with other people.
Doubt you will want to do that when you grow up.
 
Julia said:
You can only do this because you're sharing with other people.
Doubt you will want to do that when you grow up.
Click to expand...

Well my point was that it is possible to live with decent living standards with 15k per year. However, if you were to be with a partner and both of you had 15k/yr.. it would be quite easy to get by renting a 1BR apartment...
 
sorry jono, still remains a dumb post.

you suggested you could live of 15kpa for 40 years so you could save 5k year to then retire on.

your above mentioned student living arrangement scenario is simply not feasible nor will it be even close to desirable for an extended period of time.
 

I was referring to the bare minimum for living.. Anyone who is in a 20k a year job at the moment and is not able to climb up the job ladder in 40 years of work has some serious problems...
 
any chance of moving this discussion to the appropriate thread so i can get some info on what listed head offices/operations are in london for next years notting hill carnival please
 
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