joeyjoejoejuniorshabadoo Posted April 23, 2015 Share Posted April 23, 2015 CBFd asking him for a name to obtain degrees of separation / realise it's a small world, especially when we have no other worlds to compare it to lol I wouldn't confirm it online anyway Link to comment https://www.sau.com.au/forums/topic/379859-vic-wasteland-thread/page/3967/#findComment-7521188 Share on other sites More sharing options...
joeyjoejoejuniorshabadoo Posted April 23, 2015 Share Posted April 23, 2015 not sure if i said before but congrats! when do you start? Thanks man.... It's not a huge pay increase 5% (dat "bracket creep") but it's a massive opportunity as from this role I can go straight to a business bank manager role if I want Link to comment https://www.sau.com.au/forums/topic/379859-vic-wasteland-thread/page/3967/#findComment-7521190 Share on other sites More sharing options...
joeyjoejoejuniorshabadoo Posted April 23, 2015 Share Posted April 23, 2015 speaking of bracket creep... I am seriously struggling to understand what circumstances this can occur in. the only time you really get hit and have to pay serious extra tax is when you have a large pay increase in one hit, which could hardly be considered "creeping" Link to comment https://www.sau.com.au/forums/topic/379859-vic-wasteland-thread/page/3967/#findComment-7521193 Share on other sites More sharing options...
HEKT1K Posted April 23, 2015 Share Posted April 23, 2015 You've answered your own question lol It's bracket creep, not bracket sprint It's more used to illustrate the cumulative effect on the entire workforce as opposed to one person Link to comment https://www.sau.com.au/forums/topic/379859-vic-wasteland-thread/page/3967/#findComment-7521200 Share on other sites More sharing options...
UNR33L Posted April 23, 2015 Share Posted April 23, 2015 (edited) Thanks man.... It's not a huge pay increase 5% (dat "bracket creep") but it's a massive opportunity as from this role I can go straight to a business bank manager role if I want I'm going through a similar thing at the moment.. accepted a new job but only getting paid like 2% more... in a year though should pay off once I get the experience and review. Even if I just use them for a year job hop somewhere else. Current place gave f**k all opportunities. I'm actually mad that I stayed here for 2 and a half years. Edited April 23, 2015 by UNR33L Link to comment https://www.sau.com.au/forums/topic/379859-vic-wasteland-thread/page/3967/#findComment-7521203 Share on other sites More sharing options...
joeyjoejoejuniorshabadoo Posted April 23, 2015 Share Posted April 23, 2015 You've answered your own question lol It's bracket creep, not bracket sprint It's more used to illustrate the cumulative effect on the entire workforce as opposed to one person yeh, i get that, but what I mean is how is it supposed to be a problem? Isn't that essentially why the brackets are re-done every 5 years odd? if you go from $79,999 to $80,001 you aren't realistically paying any more tax (ok maybe a few cents annually) Fkn left wing media Link to comment https://www.sau.com.au/forums/topic/379859-vic-wasteland-thread/page/3967/#findComment-7521209 Share on other sites More sharing options...
joeyjoejoejuniorshabadoo Posted April 23, 2015 Share Posted April 23, 2015 I'm going through a similar thing at the moment.. accepted a new job but only getting paid like 2% more... in a year though should pay off once I get the experience and review. Even if I just use them for a year job hop somewhere else. Link to comment https://www.sau.com.au/forums/topic/379859-vic-wasteland-thread/page/3967/#findComment-7521213 Share on other sites More sharing options...
Birds Posted April 23, 2015 Share Posted April 23, 2015 yeh, i get that, but what I mean is how is it supposed to be a problem? Isn't that essentially why the brackets are re-done every 5 years odd? if you go from $79,999 to $80,001 you aren't realistically paying any more tax (ok maybe a few cents annually) Fkn left wing media I put these people in the same basket as those who blanket state that you get taxed more if you work a second job Link to comment https://www.sau.com.au/forums/topic/379859-vic-wasteland-thread/page/3967/#findComment-7521217 Share on other sites More sharing options...
joeyjoejoejuniorshabadoo Posted April 23, 2015 Share Posted April 23, 2015 I put these people in the same basket as those who blanket state that you get taxed more if you work a second job pfft sif not cash in hand a second job anyway Link to comment https://www.sau.com.au/forums/topic/379859-vic-wasteland-thread/page/3967/#findComment-7521221 Share on other sites More sharing options...
Leroy Peterson Posted April 23, 2015 Share Posted April 23, 2015 the only time you really get hit and have to pay serious extra tax is when you have a large pay increase in one hit, which could hardly be considered "creeping" this is why OT can be really annoying. sometimes you barely even notice its there due to tax. but if you had a pretty quiet year for OT you get a lot of that tax back because you're not earning 40% extra per fortnight, every fortnight. ...but thats why some enjoy salary and salary packages more... and stupid "uplift" systems. and "bonuses". Link to comment https://www.sau.com.au/forums/topic/379859-vic-wasteland-thread/page/3967/#findComment-7521223 Share on other sites More sharing options...
Birds Posted April 23, 2015 Share Posted April 23, 2015 pfft sif not cash in hand a second job anyway Most of the time I heard this was when people were 18/19 working their first and/or second casual job and don't understand how a tax free threshold works - most whinging when they owed tax after declaring it for both their jobs. 1 Link to comment https://www.sau.com.au/forums/topic/379859-vic-wasteland-thread/page/3967/#findComment-7521224 Share on other sites More sharing options...
joeyjoejoejuniorshabadoo Posted April 23, 2015 Share Posted April 23, 2015 this is why OT can be really annoying. sometimes you barely even notice its there due to tax. but if you had a pretty quiet year for OT you get a lot of that tax back because you're not earning 40% extra per fortnight, every fortnight. ...but thats why some enjoy salary and salary packages more... and stupid "uplift" systems. and "bonuses". well yeah, I can see how it can be "creep" on a fortnightly basis with OT, but annualised it all works out as you said... Link to comment https://www.sau.com.au/forums/topic/379859-vic-wasteland-thread/page/3967/#findComment-7521226 Share on other sites More sharing options...
HEKT1K Posted April 23, 2015 Share Posted April 23, 2015 yeh, i get that, but what I mean is how is it supposed to be a problem? Isn't that essentially why the brackets are re-done every 5 years odd? if you go from $79,999 to $80,001 you aren't realistically paying any more tax (ok maybe a few cents annually) Fkn left wing media The problem is when the rates aren't adjusted every few years, or inflation still offsets any adjustments that are made But yes the left wing media is a joke, especially when my (incrementally increasing) tax dollars are paying for large chunks of it Link to comment https://www.sau.com.au/forums/topic/379859-vic-wasteland-thread/page/3967/#findComment-7521227 Share on other sites More sharing options...
Birds Posted April 23, 2015 Share Posted April 23, 2015 Nothing worse than an FOB in the CBD not paying FBT to the ATO. Link to comment https://www.sau.com.au/forums/topic/379859-vic-wasteland-thread/page/3967/#findComment-7521228 Share on other sites More sharing options...
joeyjoejoejuniorshabadoo Posted April 23, 2015 Share Posted April 23, 2015 Most of the time I heard this was when people were 18/19 working their first and/or second casual job and don't understand how a tax free threshold works - most whinging when they owed tax after declaring it for both their jobs. LOL Link to comment https://www.sau.com.au/forums/topic/379859-vic-wasteland-thread/page/3967/#findComment-7521231 Share on other sites More sharing options...
HEKT1K Posted April 23, 2015 Share Posted April 23, 2015 Most of the time I heard this was when people were 18/19 working their first and/or second casual job and don't understand how a tax free threshold works - most whinging when they owed tax after declaring it for both their jobs. Thus another element of tax stupidity emerges.. People thinking a large refund is a win I'll take the time value of the cash during the year over a refund cheque any day of the week Link to comment https://www.sau.com.au/forums/topic/379859-vic-wasteland-thread/page/3967/#findComment-7521232 Share on other sites More sharing options...
Birds Posted April 23, 2015 Share Posted April 23, 2015 Yeah well these people aren't the kind to have their monies sitting in a high interest account or portfolio of investments, but I agree it's a good strategy if you're not a paycheck to paycheck person. Link to comment https://www.sau.com.au/forums/topic/379859-vic-wasteland-thread/page/3967/#findComment-7521234 Share on other sites More sharing options...
UNR33L Posted April 23, 2015 Share Posted April 23, 2015 wastelanders all so money hungry 1 Link to comment https://www.sau.com.au/forums/topic/379859-vic-wasteland-thread/page/3967/#findComment-7521241 Share on other sites More sharing options...
joeyjoejoejuniorshabadoo Posted April 23, 2015 Share Posted April 23, 2015 I just had Pho.... it was good... life is good Link to comment https://www.sau.com.au/forums/topic/379859-vic-wasteland-thread/page/3967/#findComment-7521260 Share on other sites More sharing options...
joeyjoejoejuniorshabadoo Posted April 23, 2015 Share Posted April 23, 2015 wastelanders all so money hungry well..... I grew up on the crime side, the New York Times sideStaying alive was no jiveAt second hands, moms bounced on old menSo then we moved to Shaolin landA young youth, yo rockin' the gold tooth, 'Lo gooseOnly way, I begin to gee off was drug lootAnd let's start it like this son, rollin' with this oneAnd that one, pullin' out gats for funBut it was just a dream for the teen, who was a fiendStarted smokin' woolies at sixteenAnd running up in gates, and doing hits for high stakesMaking my way on fire escapesNo question I would speed, for cracks and weedThe combination made my eyes bleedNo question I would flow off, and try to get the dough allSticking up white boys in ball courtsMy life got no better, same damn 'Lo sweaterTimes is ruff and tuff like leatherFigured out I went the wrong routeSo I got with a sick ass click and went all outCatchin' keys from across seasRollin in MPV's, every week we made forty G'sYo nigga respect mine, or anger the tech nineCh-chick-POW! Wu from the gate now Link to comment https://www.sau.com.au/forums/topic/379859-vic-wasteland-thread/page/3967/#findComment-7521271 Share on other sites More sharing options...
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