Where's your tax return going?

[Scaf]

Where's everyone planning on spending their tax return?

[Turbo2.6L]

Exotica! Lap dances ftw

[AGIT8D]

Car, mortgage or survival, depends how the job market goes ;)

[sdkh]

Speeding Fine..Sigh



FML

Shutup TJ....

[AGIT8D]

How much are you hoping for and what have you got to write off?? I'm hoping for around $5k. Anyone know much about claiming depreciation on a property that's lost value over the last financial year? Someone mentioned you could do it if your house was neg geared...

[kurbn]

spending mine on new coilovers and putting towards either nistune or some wider front tyres

[Scaf]

I just did my return then. Getting like 1200 back... pretty piss weak. i have nothing to claim tho.
Will be going towards something on my car obviously, possibly cooler piping.

[Butcher]

Mortgage and AP Racing calipers

[lazy6]

to the car or savings or maybe a hoilday!

[MMM]

i just hope i get something back!

[DR1FT3N]

mortgage and new front bar :)

[DJ84WA]

I'll get a tax bill as per usual.

[Biante12]

what tax f*#@ing return.

[Steppo_GT]

gotta pay tax this year as I was working as full time casual on ABN. Not looking forward this years tax thats for sure!

[PAGZ]

gt35 & 6boost

[INSINR8R]

depends how much I get back.

I paid more tax this year unlike last year, where if I had of paid tax at all, would've got 5k back, so hopefully will get some decent moolah this year. So paying more tax means getting paid back the extra I paid! Confused? Yeah me too.

[schnoods]

cylinder heads and a paintjob...

[MISS 13B]

Mine always goes towards the car in some form or another...

[Turbo2.6L]

How much are you hoping for and what have you got to write off?? I'm hoping for around $5k. Anyone know much about claiming depreciation on a property that's lost value over the last financial year? Someone mentioned you could do it if your house was neg geared...


Negative Gearing FTMFW!
Unsure on the specifics as my old man handles my taxes but i get ~$18k each year from the house :D

[PAGZ]

i got a house in january.. can i negative gear?

[monk_13]

Brakes for me.

Hopefully...

[Lonewolf]

1/2 on debt
1/2 on coilovers/intake manifold /respray - currently undecided

[TJ]

Paint and Melbourne.

[mr_mike]

i get fuck all back in tax, Think the most was $600 a couple years ago and that was only cos i bullshitted heaps on Tafe crap. Even last year i spent about $3k on spray guns alone and still got fuck all back.

Reckon i'll be lucky if i got enough for a McValue meal this year

[Cold Fusion]

anyone kno any good tax people? keen to try someone new as i wasnt happy with my last return, i got nothing too hard to put through (no houses etc)

can anyone reccomend someone? (preff NOR)

Cheers

oh, mine will be going into gym membership, car rego, sydney, new tyres for my car, fixing my exhaust.

Fun fun

[DISTRBD]

Sluts n turkey again :boink:

[mitchy]

yeah... probably piss it up the wall

[Daisy]

why cant someone say a set of gram light time attacks?

[mitchy]

why cant someone say a set of gram light time attacks?

you buy them... and 50mm worth of spacers :lol:

[DJ84WA]

can anyone reccomend someone? (preff NOR)


Barker-Smith
Winton Road, Joondalup.
9301-4677

[INSINR8R]

anyone kno any good tax people? keen to try someone new as i wasnt happy with my last return, i got nothing too hard to put through (no houses etc)

can anyone reccomend someone? (preff NOR)

Cheers

oh, mine will be going into gym membership, car rego, sydney, new tyres for my car, fixing my exhaust.

Fun fun

Glen @ Accounting Focus. Very thorough in getting as much as he can in your tax return. Got me this thing called "Young Entrepreneur" in which people under 30 I think with an ABN can claim for. I had no idea it existed but it was worth $1000 so why the fuck not?

Accounting Focus
Financial Planning - Morley, WA

Address
Lvl 1 13 Collier Rd
(08) 9275 2288
Morley
WA, 6062
Australia

[badass]

13b rebuild rotormotion quoted around 1400 anyone know of anywhere else?

[JBAE]

SANDERS RACING.....!!!!

[Joe]

Invest.

[feznutz]

goin on holiday over east

[kurbn]

use e-Tax ^ its not hard and will save you 80 bucks

[mc68]

carbon fibre peltor

hope i get enough to pay it all off :\

http://www.demon-tweeks.co.uk/resources/Peltor/PEL_PERFORMANCESG.jpg

[DT95WA]

hopefully more then i got last year.... $4.65 is the price to beat LOL

[munchmunch]

longs shifter for my rx3 no more trying to find gears for me straight up straight down FTW

[cactus]

6 piston Wilwoods for front and 4 pistons for rear :) I should get bulk back, have only been working for 6 months (since graduated from uni) but have been taxed as if working 12 months. So should get atleast 2k.

[coFF33]

Im spending mine at autoworx....
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but seriously, putting it in savings account for a holiday at the end of the year. i will prolly buy a pair of rear tyres tho for drift.

[RB26DETT 240Z]

How much are you hoping for and what have you got to write off?? I'm hoping for around $5k. Anyone know much about claiming depreciation on a property that's lost value over the last financial year? Someone mentioned you could do it if your house was neg geared...


you need to get a quantaty surveyor to do a depreciation schedule on your house.

it will itemise things that have wear and tear like hot water system, aircon units, stove, carpets etc. the schedule will tell you what to claim each and every year as a percentage of its original value.

if a home is built after 1987 you can claim a percentage off the buildings value as depreciation for the next 40 yrs of its life. i think its about 2.4%???? off the building value.

if its built between certain dates of 1987 and 1989 you can claim 4.0%???? of the building value.

http://www.deppro.com/

[[RX2]]

my return has to go towards paying off the G-Force GF5R clutchless 5speed i bought for my RX2 !

[big o]

same here i have bought a tremec tko 600 fro the rx3

[AGIT8D]

you need to get a quantaty surveyor to do a depreciation schedule on your house.

it will itemise things that have wear and tear like hot water system, aircon units, stove, carpets etc. the schedule will tell you what to claim each and every year as a percentage of its original value.

if a home is built after 1987 you can claim a percentage off the buildings value as depreciation for the next 40 yrs of its life. i think its about 2.4%???? off the building value.

if its built between certain dates of 1987 and 1989 you can claim 4.0%???? of the building value.

http://www.deppro.com/

Cheers!

So would I have had to get this surveyor to do a look-see over the property last financial year? I rented out my place from Feb 1 til the end of last financial year and the whole of this financial year. Though my mate did my tax last financial year and he didn't know about the depreciation thing (not that it would have meant a great deal in 5 months).

Dean - What sort of shit are you writng off for your house? Kitted the whole thing out with new kitchens n shit did ya lol. How much interest do you pay a month on your property if you don't mind my asking :)

And to the guy who purchased a house in January - Is it your first property? If yes then no, as you should still be living in it. Are you still living in it? If yes then no as you're not leasing it out. If it's not your first house and you have tenants in it then yes you can.

[miss_petepie]

if i get any will probably go on the house :(

[STEALTH]

H&R Block

[ben351]

C A S I N O

[LooneyToons]

$150 speed fine, and the damage the mrs did to the lib last night.. havent had a chance to look at it yet but by sounds of things she split and buckled the oil sump drove home 5km with the oil light on meaning theirs a likely chance she cooked the rings and the clicking noise she reported im hoping isnt the cv joint but i had a feeling... never again EVER dreading getting home 2 this.

[AGIT8D]

Fuck what'd she do try to ram optimus prime!?

[LooneyToons]

dont know exactly went over an island no cosmetic damage but what she describes sounds very unhealthy only had the car since march

[revs13]

Did mine yesterday; it tells me ill get 4k back, woo!

which will go to paying off/chopping up my credit card and cash to see DA @ oran park in september :D

[xr06t]

clicking noise is probably big end after 5km no oil!!

[stumps.]

$150 speed fine, and the damage the mrs did to the lib last night.. havent had a chance to look at it yet but by sounds of things she split and buckled the oil sump drove home 5km with the oil light on meaning theirs a likely chance she cooked the rings and the clicking noise she reported im hoping isnt the cv joint but i had a feeling... never again EVER dreading getting home 2 this.

now the mad scientist has to take the heads off and replace those rings your fried.

[Milhouse]

hahahahah

[cplagz]

What tax return? I have a tax bill.

[hostage_85]

Putting it towards Land Rates...

[AGIT8D]

Land rates? Fuck yeah claimin them on tax..

[poonisher187]

Microtech plus major service and tune, then fix whatever other problems arise. :(

[Drift_R32]

im a subcontractor have about 30k worth of reciepts and i need a new accountant as my last one charged me fukn $700 and i did all the counting just gave him the ammounts..whos good and reliable ? pm if possible

[PAGZ]

Fuck what'd she do try to ram optimus prime!?

Made me giggle.

[Halle Terry]

Hopefully dump pipe + cooler piping.

kek.

[Autopilot]

im a subcontractor have about 30k worth of reciepts and i need a new accountant as my last one charged me fukn $700 and i did all the counting just gave him the ammounts..whos good and reliable ? pm if possible

Wealth Creations (http://www.wealthcreation.com.au/) are top notch for subbies like us. If I got a tax return I'd be spending it on a big bag of cocaine, a hooker (which will inevitable die during some point of my debauchery) and a sleezy hotel room. BOOH-YA!!!! Anyone wanna help me bury a corpse?

[180SXTCY]

depending on how much i get back..finish off the s-series and do a skid

[kiasu]

finish my fc off..and going on holiday.

[Atomic_FD]

Carbon firbre bonnet, custom fibreglass boot insert with sub, amps n all that jazz, service, and maybe and intercooler exhaust upgrade.

[Daisy]

i might be able to buy a cheeseburger

[Adr3naL1N]

Vegas baby vegas :) only 6 hrs to departure yeeeow!!

[d1_drifter]

i might be able to buy a cheeseburger

You and me both... :(

[evoeata]

pay off my bike and get another couple of tattoos with the rest. maybe use the rest for spending money at jambo in august if it lasts that long.

[RRob]

Wealth Creations (http://www.wealthcreation.com.au/) are top notch for subbies like us.


+1 For Wealth Creations.

[Jmoore]

ill be happy when the pingpingpingpings get their act together and send me my group certificate(s)

then ill be spending the $$$ on a holiday and bits for the bike. Maybe some new tie-rods for the car if its lucky.

[Roobiks]

rebuild the kt100s. maybe a red clutch for it to make it easier to have a thrash round new developements/carparks etc

[ultim8m]

new toy vb sl/e with a built 308

[[RX2]]

got my return done on sat , only $600.00 coming my way (was hoping for a bit more) , better than paying a bill !

[Tocchi]

i got my 07/08 tax return back this week. i got $1.46 lol
i spend it on a mars bar... with change left over.


probably the same for 08/09

[duste]

Spending mine on a 3" straight-thru zaust and putting the rest into savings.

[1JZVL]

I still havent got my $900 RUDD MONEY !!!!!! :mad:

I would ideally like >$1000 for my tax return, not holding my fucking breath though

I would like the money to go on 1 or 2 shirts and maybe a new jumper or jacket and..... some of it can go on my engine (if I get enough back)! :confused:

[I <3 Judd 0kw]

gt35/40 thats going on my rb25/30 engine:3some:

[31-EVO]

finish my fc off..and going on holiday.

kek, the FC will never be finished.

Turbo rebuild, and brakes

[cactus]

Looking at brake upgrades today, and definitely a 6-boost.

I'm getting a HUGE tax return :)

[adrenalin]

new camera - 5D MK2

[Butcher]

Selling the old one?

[kurbn]

Well I banked on getting a decent return but turned out fucking shit! Last few years I been getting 1200 bucks as a return

had 1200 bucks of deductions alone this year, had private health for 4 months and the stingy fucks at the tax department are only going to give me back 480 bucks!!!

fking medicare! Least I got my use out of it, about 3K of hospital bills i didnt have to pay for this year :) Still..... pretty pissed

now i gota go broke for couple weeks to pay off rest of this suspension gear :(

Going to go to centerlink tomorrow and throw rocks at bludgers...

[YOUR MATE]

Just did mine, was planning on chucking a cam in the SS but with all this new emissions shit I might wait a while.

Strippers and blackjack.

[INSINR8R]

fund my unemployment for a bit... Anyone wanna buy a Van?

I'm claiming on almost 20k this year, plus some of my Income Tax I'm getting back (paid more than I had to...)

[Fryman]

lol tax return. kabam! payed awaaaaaaaaaaay too much tax last year. moneys coming to england yo where it will be put into premium bonds

[INSINR8R]

lol tax return. kabam! payed awaaaaaaaaaaay too much tax last year. moneys coming to england yo where it will be put into premium bonds

Diversifying your bonds? You gotta diversify your bonds...

http://i3.photobucket.com/albums/y91/thousandsons/wu_tang_financial.jpg

[YOUR MATE]

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[PSI 304]

All new shocks, springs and front wheel bearings.

The rest will go on the mortgage

[SSICK]

Just did mine, was planning on chucking a cam in the SS but with all this new emissions shit I might wait a while.

Strippers and blackjack.

the weakest excuse ive ever heard.:slap:

[Daisy]

thought i`d owe money, just done it as a ruffy and could get a couple of grand back, cooler kit here i come.

[lazy6]

did my tax only getting 658 back , better then nothing and thas going to the driveshafts to get the boat on the road again

[DRKWRX]

I just seem to pay thousands in tax wheres my tax returns ffs!:hammer:

[ovaxitd]

just sorting mine out now. rate, bill, loans, Computer for jzx/inj/cam/brakes :) all tax money dissapeared in a day :)

[Bakerboy]

will be spending mine turboing my vl calais

[DJ84WA]

When i lodge my return, i'll be getting a bill as per usual.

[Alt_F4]

Rotors, pads, replacing dead pc and maybe kill some of the 'ol credit card debt if I'm lucky.
Much better than having to pay extra tax like last year :D

[Butcher]

$900 tax bill on compo ftmfl :(

[Gonzola]

Got all my group certs but need to wait for some statement of foreign earnings shit.. so far i owe ~$900. Hopefully that changes with the SOFE.

I used to think working offshore meant coin, now i know it means you get fucked over every chance they get.

[Torquen]

will be spending mine turboing my vl calais

Why would you not just buy a VL Calais Turbo to start with?? So much cheaper and easier, not to mention the head ache your guna get with paper work for the mods.

Anyways, myn is going to a service of me XR6T and then probs just saving the rest as im a poor uni student! :(