This is your captain speaking. Please fasten your seatbelts. You are in for a turbulent Flight.

This post sponsored by @CEOofmyhouse56

    • Duenan@aussie.zone
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      1 year ago

      I saw my estimate too and it made me sad. I really needed the LMITO this year.

      I should be glad that the estimate didn’t come back as me owing money to them.

      Anyway I’m still waiting hit all the pre fill information to be lodged.

      • Rusty Raven @aussie.zoneM
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        1 year ago

        Now that I’m a rich investor (with a whole $500 invested in an ETF) I won’t get all the information until mid August. ETF’s pass on some capital gains & taxes and it takes them a while to put all the information together, something I didn’t realise was a thing, so last year I ended up having to ammend my tax return after that arrived. I ended up having to pay the tax office 17c back 🤣

    • Hanhula@kbin.social
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      1 year ago

      Yeah… I think it’s a really big hit to a huge chunk of the population to NOT have it. Imagine if they’d just tax the fucking rich for that amount instead.

    • just_kitten@aussie.zone
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      1 year ago

      Oh Jesus Christ I decided to give it a go and I get back $250??? I’ve gotten back 4 figure amounts before in past years. This is fucked. I have nothing to look forward to

      Seriously need to rethink my life choices

      • Force_majeure122@aussie.zone
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        1 year ago

        Yeh… Mine went from about 2k to about 500 :( maybe I’ll like… Buy a steak from Coles for the first time in 12 months or something 🤷‍♂️

        • just_kitten@aussie.zone
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          1 year ago

          What exactly am I supposed to be getting out of these tax changes as a sub 80k earning pleb, what the hell. I’m genuinely kind of upset now. This is going to significantly change my approach to my annual review next week