Jump to content
12 replies to this topic
Posted 29 January 2013 - 01:18 PM
My DH just received a pay rise - but we have just noticed on his pay slip the company are taking about 200.00 more tax out each week than they should be! - Does this mean he will just get it all back at tax time?? - He is going to raise it with them tomorrow. have been looking at the Pay calculator online aswell as manually - and we just can't understand why they are taking out soo much ???
Posted 29 January 2013 - 01:25 PM
Did you factor in the 1.5% "Medicare Levy"? For some reason this doesn't come through on the ATO's Online tax calculator - presumably because it isn't officially an "income tax" as such? Even though it really is - above a certain income level we all pay it and there is no way out of it, so I don't understand why their calculators ignore it.
Note this is NOT the same as the Medicare surcharge, which can be avoided by having private health insurance. The Medicare levy is across the board irrespective of your PHI/Medicare status (when I first lived here I had to pay the Medicare levy even though I wasn't eligible for Medicare benefits at all!). It doesn't even go to a special fund. As far as I am concerned it's an income tax in disguise!
Posted 29 January 2013 - 01:25 PM
You could ask them why they are taking so much tax out. Your tax payments/liability will be reconciled when you do your tax return. Did he fill in his PAYG declaration properly - usually questions for tax free threshold and HECS/HELP are the main issues.
Posted 29 January 2013 - 01:28 PM
If they are taking out too much tax, then he should get it back come tax time.
The only thing I can think of, is that for some reason they are not giving him the tax free threshold, which would mean that he is being taxed at a much higher rate.
I don't claim the tax free threshold, so I get taxed at a higher rate, I am also (voluntarily) paying taxes on my centrelink payments, so when tax time comes around, I'll be getting a substantial amount of money back.
I, personally, like doing things this way, as I do have issues with saving, and I don't miss that money each week/fortnight.
Posted 29 January 2013 - 01:31 PM
Either way, yes, if it's an error he will get it back at tax time.
Posted 29 January 2013 - 01:47 PM
Agree with PP, he may not be getting the tax free threshold. Or they may have miscalculated. Mistakes happen.
Posted 29 January 2013 - 01:55 PM
My DH actually doesn't claim his tax free threshold so pays about $200 a fortnight more in tax than he has to - then he gets a large return at tax time which it more handy to us than if we got it fortnightly.
Basically the ATO will work out what he should have paid, see what he did pay and refund the difference if he over paid.
Posted 29 January 2013 - 01:57 PM
thanks for your replies - Yep Medicare is already calculated - Their payslips are a bit wierd - they just got a new Finance person so i think they will change - Yep am waiting for tax time - it's going to be a bonanza
Posted 29 January 2013 - 08:47 PM
No LOL! - which it was HECS - he has thought about doing uni for about 10 years!! never happened - He will speak to his employer asap...
Posted 30 January 2013 - 06:13 PM
Yes it would, but then dh would spend it as he has no self control with money. It's better to get the lump sum instead.
Posted 31 January 2013 - 05:57 AM
LOL peppery!! - you never know - he is just on 40 now he thinks he is too old!!
1 user(s) are reading this topic
0 members, 1 guests, 0 anonymous users
Today, on White Ribbon Day - and every other day - we're teaching our son to say no to violence against women.
If there is one thing the owners of Tillings Cafe can be certain of, it is that the eatery won't win the award for Britain's best baby-friendly coffee shop any time soon.
A woman who admitted to dumping her newborn baby down a Sydney drain has reportedly been allowed to give him a name.
Are you feeling used up by life's stress, family problems and a demanding job you can't turn off? Many people are way beyond work-life exhaustion. They are functioning as robots.
The world's biggest chocolate-maker says we're running out of chocolate.
A baby who was born at 23 weeks has survived her first week of life outside the womb.
It might sound like temporary insanity, but almost obsessive nesting as you near your due date isn’t uncommon – even if you’re not usually a particularly clean person.
The baby found abandoned in a Sydney drain may have been alone for up to six days without being fed, leaving many asking how he could have survived.
A child's excitement at Christmas time is a beautiful thing, but one dad ponders whether his toddler daughter is getting into the festive mood a bit too soon.
A new experience is radically altering men's views of childbirth.
Italian police have placed 12 doctors under house arrest on suspicion of promoting baby milk formula over breastfeeding.
Cara Simmons arrived at work to clean a large and beautiful house in time for a party planned for that evening. It was soon hers.
Every now and then your child does or says something that is truly memorable.
A few weeks ago, some dear friends of mine had their first baby. As the proud dad texted me a picture I had to fight the natural instinct to say “Enjoy every moment!”
Footage of Australian babies and children sleeping in their bedrooms are among the images on a Russian site showing live feeds from thousands of homes and businesses around the world.
Was there really a man who was actually there by his wife’s side as she laboured and gave birth to his child, all while he was making what he perceived to be meaningful eye contact with a midwife?
Tantrum Trolls are a small but growing species of predatory bottom-feeders who delight in picking on parents at their most vulnerable.
The death of children, siblings, and parents has long term impacts on the rest of our lives.
Love has nothing to do with mental illness. But love may drive a mother to do something about it.
We have a beautiful seven-month-old son, and his allergy rules our life.
A transgender man who breastfed his first baby - despite having his breasts removed as part of his transformation from female to male - has now had a second child.
A Canadian couple were slammed with a million dollar medical bill after their daughter was prematurely during their babymoon.
One in every five dollars spent at supermarkets goes on cigarettes or junk food, according to industry data.
There is no doubt mums have a right to continue breastfeeding after they have returned to work, but one teacher in the US has taken it to the extreme.
We have 4 family passes to give away to see Disney Live! presents Three Classic Fairy Tales, touring Australia this December/January.
Got bored kids? Quickly find the best activities for kids wherever you are in Australia with the Essential Kids app.
Top 5 Articles
To celebrate the release of PADDINGTON, we are giving five lucky winners the chance to win a family pass to the exclusive Australian Premiere in Sydney on December 7!
We were green and uninitiated, perhaps a little naïve when it came to the favourite toy responsibility.
She looks him up and down and then touches his chin, but baby Lindsey still isn't sure this clean-shaven man is her dad.
Medical experts say intense fitness routines can be done safely during pregnancy - if the mums-to-be follow some guidelines.
Are our hopes, dreams and expectations for our children what they really need?
Before even giving birth, Katie Myers' maternal instincts warned her something was wrong with her baby.
Some dads-to-be don't miss a beat when their partner is pregnant; others struggle with a range of issues and can become withdrawn, right when their support is needed most.
Katharine and Kris Camilli devised a clever trick to immortalise their family and friends' reactions to their exciting pregnancy news.
"After 30 years on television, I had become what I despised: a painted doll who spent an hour a day and close to $200 a week putting on a mask."
I am secure, confident and strong, but the responsibility of protecting my children can almost bring me undone.
There are so many ways in which parenthood changes us as women, but one of the most noticeable, for me, has been the changing state of my emotions.
Baby Maia was conceived against the odds, only to find she was sharing a womb with an ominous "foreign body".
They say dog is man's best friend, but this playful pooch seems to have chosen a jumping baby as her number one buddy.
New paernts can get frustrated when their newborn gets fussy and can't settle down. When you're feeling overwhelmed, try some of these simple tips to help soothe your baby.
The data-lovers at nameberry.com have been at it again – this time, they’ve discovered the names that are continually rising up the ranks, ready to take out some top spots in the next few years.
Ideally, you want to give food that isn’t expensive to make, isn't too difficult to create, and freezes well; stews, bakes, soups and pasta sauces are perfect.
Some pregnancy products come to market and are just awesome. Others just leave you scratching your head.
Twin brothers have become dads on the same day ? with their partners giving birth in the same hospital, and even the same birthing pool.
How many weeks til Christmas?
Get the "Santa" shopping done without the kids in tow.