0708 tax return monies?

[Reaper]

Slap an extra payment on my HECS debt, buy a K&N Filter, put a little into my high interest savings account and put the rest towards my car loan.

hmm hecs is a good idea to get rid of, i loose what 100 bux a week in extra tax from that grrr so do i ring up satac or whatever they called now to get my details azzurri? i should investigate that. and does the 25% off still apply if you pay lump sums ?

WTF pay off your HECS debt??? It is *the* cheapest loan you will ever have. Just bang the money into even an averagely performing cash management fund will return more after tax $$$ then your HECS interest. Hunt around and you should find a term deposit that will pay even more.

Reaper

 

[CSP]

Depost for another investment property most likely...

 

[BullittSV6]

WTF pay off your HECS debt??? It is *the* cheapest loan you will ever have. Just bang the money into even an averagely performing cash management fund will return more after tax $$$ then your HECS interest. Hunt around and you should find a term deposit that will pay even more.

Reaper

It will be a small portion of the total refund I get and most of the money would be going to pay off my car and my high interest savings so if I have those bases covered whats the harm in tackling my HECS at the same time.

 

[BANKS]

To add to the question, how do you get the maximum out of your tax return? what do you claim for?

 

[minux]

To add to the question, how do you get the maximum out of your tax return? what do you claim for?

Working from home primarily I claim percentages on everything as well as depreciate certain things. Last year took 6 hours with my sister in law to get my tax done heh.

 

[stocky]

To add to the question, how do you get the maximum out of your tax return? what do you claim for?

depends where you work. its too hard to say.

ill probably stick mine into my savings account and let it earn interest. 7% interest FTW

 

[vicarious]

going into another investment house:thumbsup:

 

[Typho0n]

new 3.9 diff with Kass LSD, and have a long weekend out in town

 

[Shounak]

Going straight into my managed funds.

 

[Shounak]

To add to the question, how do you get the maximum out of your tax return? what do you claim for?

Anything you paid for that helped you earn your income. You're a painter, so did you have to buy anything for your job?

Uniforms? Washing your uniforms (even if you do it at home)?

If you spent it to earn, it's a deduction. Put very simply.