Tax Calculator

Even if you’re a full-fledged manager working in the sales and marketing industry, yours still isn’t the most stable job out there. Depending on the economic mood of the country, you could experience periods of gains and losses. When the economy’s in good shape, things are great. But when things are in the bucket, you might have to tough it out a bit. There’s one check though that’s sure to arrive at your desk every year, and that’s your  tax back from the government.  

Luckily for you, the Australian Taxation Office (ATO) covers a lot of relatively “minor” intricacies that you can take advantage of. Although, there are probably more than enough of these tax back features for you to know by heart but I’m hoping I’d be able to share most of the easily overlooked ones with you and the cost of communication – through mobile or land line phones and the internet – is one of these features.

Luckily for you, the Australian Taxation Office (ATO) covers a lot of relatively “minor” intricacies that you can take advantage of. Although, there are probably more than enough of these tax back features for you to know by heart but I’m hoping I’d be able to share most of the easily overlooked ones with you and the cost of communication – through mobile or land line phones and the internet – is one of these features.

Rummaging through the budget papers, to find out what’s in it for me, I’ve noticed to my alarm my annual child rebate is to be cut starting this July and that by 2014 about 76,000 families are likely to be affected. Worse still its estimated working families could face daily charges of about $125.00 for childcare services in the CBD.

I never get excited about federal budgets. And I’m not scared of tobacco or beer and wine tax increases, as I don't drink too much and don’t smoke. However, what could make smoke come out of my ears is the promised tax back allowance starting in July 2012.

Many of my work mates don’t believe in the China driven commodity boom growth thing, although we like the work for now. You only have to read about their stock market and housing market credit bubble which seems to be heading for trouble with over inflated prices.