Quote:
Originally posted by sacX
if you're in this business and earning over 60k you should have a company.. because the corporate tax is much better, last I heard it was around 30% (I just know it's lower than New Zealand which is 33%)
and one thing often forgotten is sales tax.. most things you buy you're paying more tax.. GRRRRR
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So... how do you get the money out from the company without paying the balance between the 47% and the 30%?
Australia tax rates are great - it makes it so profitable to avoid tax, it gives you an additional source of satisfaction
