Words of Wisdom

Youth is wasted on the young.
Showing posts with label tax. Show all posts
Showing posts with label tax. Show all posts

Monday, 3 March 2008

Tax Gripe

OK, now tell me how this is fair.

Businesses in Aus have to estimate their quarterly income and pay a type of provisional tax on the estimated income. Now, if you UNDER estimate by more than 10%...you are FINED!!!!!

So if you have been struggling and you suddenly have a bumper couple of months that you didn't expect....prepare to be FINED for working so hard or being so fortunate!!!!!

And here's another good one. If your bookmaker makes a mistake...ooooh, let's say a $7000.00 mistake.......you still have to pay the extra $7000.00, even when you don't HAVE it, because it's in the system now and anyway it's beholden upon you not to employ bookmakers who make mistakes!!!!!
>:-(
ggggggrrrrrrr

We are not having a good month.

How do other countries' small business tax laws stack up against Australia Fair's??????