From: John_H on 13 Jun 2010 22:25 D Walford wrote: >> >Lots of easier ways to minimise your tax, best I've found so far is a >negative geared rental property, missus and I haven't paid a cent in >income tax since we bought it almost 3yrs ago. Meaning that the only return you're getting is capital gain... which is fully taxable in the year you cash it in! I can understand high salary earners using negative gearing to reduce their taxable income (as many do) but why would the self employed? I would've thought most would use their income to build up their businesses (which is also tax negative). -- John H
From: D Walford on 13 Jun 2010 23:37 On 14/06/2010 12:25 PM, John_H wrote: > D Walford wrote: >>> >> Lots of easier ways to minimise your tax, best I've found so far is a >> negative geared rental property, missus and I haven't paid a cent in >> income tax since we bought it almost 3yrs ago. > > Meaning that the only return you're getting is capital gain... which > is fully taxable in the year you cash it in! > > I can understand high salary earners using negative gearing to reduce > their taxable income (as many do) but why would the self employed? > > I would've thought most would use their income to build up their > businesses (which is also tax negative). > Why not do both? Seems to work for me. Daryl
From: Noddy on 14 Jun 2010 06:29 " Scotty" <scoter1(a)warmmail.com> wrote in message news:4c1543eb$0$2162$afc38c87(a)news.optusnet.com.au... > And if you where driving here? Still want the people in the back to have > the choise of buckling up > or not? I've driven for *years* with people in the back with no seatbelts. I'm aware of the risks. It doesn't bother me. -- Regards, Noddy.
From: Noddy on 14 Jun 2010 06:34 "jonz" <fj40(a)deisel.com> wrote in message news:4c1583fd(a)dnews.tpgi.com.au... > he will find some weasel words to justify his POV You can be as sharp as custard at times pal. For you, and any *other* brain dead fuckwit who doesn't comprehend basic English. I'm *aware* of the dangers associated with *not* wearing seat belts, and I'm *not* saying people *shouldn't* wear them. What I *am* saying is that it shouldn't be compulsory. Just like suffrage shouldn't be compulsory. I'm not arguing that seatbelts aren't an effective safety tool. I'm complaining about big brother telling us what "we need to do". -- Regards, Noddy.
From: OzOne on 14 Jun 2010 06:45
On Mon, 14 Jun 2010 20:34:13 +1000, "Noddy" <me(a)home.com> wrote: > >"jonz" <fj40(a)deisel.com> wrote in message news:4c1583fd(a)dnews.tpgi.com.au... > >> he will find some weasel words to justify his POV > >You can be as sharp as custard at times pal. > >For you, and any *other* brain dead fuckwit who doesn't comprehend basic >English. I'm *aware* of the dangers associated with *not* wearing seat >belts, and I'm *not* saying people *shouldn't* wear them. What I *am* saying >is that it shouldn't be compulsory. Just like suffrage shouldn't be >compulsory. > >I'm not arguing that seatbelts aren't an effective safety tool. I'm >complaining about big brother telling us what "we need to do". Big brother is attempting to ensure that you don't help pay for the continuing support required by brain injured accident victims. OzOne of the three twins I welcome you to Crackerbox Palace. |