Jump to content

Pay Rise


  • Please log in to reply
12 replies to this topic

#1 mards

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 ???

#2 Mose

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!

#3 qak

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.

#4 Liadan

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.

#5 CallMeFeral

Posted 29 January 2013 - 01:31 PM

Either way, yes, if it's an error he will get it back at tax time.

#6 erindiv

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.

#7 Shellby

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.



#8 mards

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  biggrin.gif

#9 Lees75

Posted 29 January 2013 - 05:12 PM

Could it be HECS related?

#10 mards

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...

Thanks ladies

#11 Shellby

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.

#12 Peppery

Posted 30 January 2013 - 06:17 PM

QUOTE (mards @ 29/01/2013, 09:47 PM) <{POST_SNAPBACK}>
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...

Thanks ladies


Maybe it's a sign... biggrin.gif



#13 mards

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

 

Funny Father's Day cards

A little fun never goes astray when celebrating special occasions and Father's Day is no different. We've rounded up some funny Father's day cards for your husbands, fathers and other important men in your lives.

Electronic tags may keep newborns safe

The possibility of using electronic bracelets for mothers and their newborn babies is being investigated by Adelaide's Women's and Children's Hospital. 

Baby steps: when your little one starts walking

As a parent there are so many milestones to look forward to. That first smile, first word - and, of course, that first step.

Julia Watson's new book 'Breakfast, School Run, Chemo'

Tomorrow my friend Julia launches her first book. And while we're all overjoyed, the success is tinged with sadness. You see, Julia has stage 4 bowel cancer.

How not to name twins

Call me boring, but I don't think that when it comes to choosing my twins' names is the right time to use a good pun.

Fun Sunny Life pool inflatables just for babies

The babies of 2015 will thus be thrilled to paddle their happy baby legs in these brand new flamingo and swan baby inflatables.

Baby and bulldog born on the same day are best friends

When Chicago mum Ivette Ivens saw a French bulldog puppy who had the same birthdate as her son Dilan, she "just knew it?s meant to be" and took him home. Five months later, puppy Farley and Dilan are the best of friends - as Ivens says, "I?m pretty sure Dilan thinks they?re both the same species, as they walk at the same level and are both going through the stage of chewing on everything.?

Breastfeeding basics for beginners

Here are 10 tips to help make breastfeeding successful and stress free for both you and your baby as quickly as possible.

Girl smothers baby brother with peanut butter

This mum had a big clean up job on her hands.

How to hide those under eye shadows

Pandas are the only ones who benefit from under-eye shadows. If you're not fluffy and cute, you'll just look tired.

Young mum dies after being denied pap smear

A mother has died after she was denied a pap smear because she was deemed "too young" to need it.

Birthday cakes banned at childcare centre

A childcare centre in Sydney has banned birthday cakes after parent complaints about excessive sugar and children with allergies being left out.

Triplet surprise for newlyweds

As the radiographer moved the wand over her abdomen, Shelley King got the surprise of her life.

3 yummy Thermomix baby and toddler recipes

Louise Fulton Keats shares her recipes for babies and toddlers, including corn and sweet pikelets, pumpkin and pea risotto, and cheesy bunny biscuits.

Man arrested over toddler Nikki's death

A 31-year-old man has been arrested over the death of two-year-old Nikki Francis-Coslovich in Mildura.

Adoption ban on pregnant women to be lifted

Pregnant women will no longer be barred from adoption waiting lists in NSW, after the Baird Government decided the practice was discriminatory.

Are you getting enough magnesium?

Magnesium is the fourth most abundant mineral in the body, but we don't talk enough about it and the vital role it plays in great health and energy, as well as disease prevention.

5 workplace lessons for new parents

Take heart in these principles that will transfer seamlessly from the workplace into your new life as a parent.

Mums to follow on Instagram

A creative outlet for many, there are some savvy women complementing their blogs and businesses with riveting Instagrams feeds. We've chosen a few which have bucketloads of appeal; there are some big time players and some smaller local ones, and they each bring their special brand of magic to the Instagram experience.

Review: The Volvo 2015 XC90 SUV has all the safety features your family needs

The new Volvo XC90 SUV's focus on keeping you safe does not come at the expense of comfort in the XC90.

Kim Kardashian reveals she may have hysterectomy

Kim Kardashian has revealed complications during pregnancy means she might have to have a hysterectomy after the birth of her second child.

Why late night snacks wreak havoc on weight loss

 Loath as you may be to admit it, chances are that at some point you have found yourself in the kitchen late at night, devouring food.

Toddler twins pretend to be asleep to fool mum

They say twins have a unique connection. If this cute clip is anything to go by, these toddler sisters like to use their special bond to try to fool their mother.

Dad bags: 10 picks for out and about

Getting out of the house is a big priority in the early years of parenthood and you need to take a well-stocked kit with you. We've chosen 10 of the best nappy bags sure to appeal to dads in style and function.

Win a Mountain Buggy Swift

To celebrate Essential Baby reaching half a million Facebook fans, we have a Mountain Buggy Swift to giveaway to a lucky fan.

Get your FREE Baby & Toddler Show ticket!

Get your free ticket to the Sydney Essential Baby & Toddler Show for September 25-27 - register online now.

 
Advertisement
 
Advertisement
 
 
 

What's hot on EB

Dads who do their share have more sex: study

For women trying to encourage their partners to take more interest in fatherhood, it could be the ultimate incentive.

Think you might have IBS, coeliac disease or Crohn's?

Conditions affecting the gastrointestinal tract are common in modern humans, and many are on the rise - including irritable bowel syndrome (IBS), inflammatory bowel disease (IBD) and coeliac disease.

Couple poses for newborn shoot with adorable puppy

Tired of being asked about their baby-making plans, Australian couple Matt and Abby decided to give a creative answer.

The exercises you know you should be doing (but probably aren't)

I bet your to-do list today is long. But somewhere on that massive list, are you making time for your pelvic floor?

This baby really loves the family cat

Some babies get excited when mum or dad come to get them from their cot after a nap.

Designer kids clothing good enough to eat by Oeuf

Even if you aren't heading to the Northern hemisphere in the next six months, you can't help but love the amazing food-themed knits for babies and kids by cult kids brand Oeuf.

Early exposure to peanuts recommended for allergy prevention

A paediatricians' group is recommending that infants at high risk of peanut allergies be given foods containing peanuts before they turn one.

Home brand foods contain less salt than pricier rivals

Supermarket home brand foods, long derided as cheap and inferior, contain far lower levels of salt than pricier, branded rivals, new research shows.

Nannies for hire, wherever you're flying

Ever dreaded the prospect of a long flight, dreaming about how wonderful it would be for a nanny to entertain the kids?

Couple poses for newborn shoot with adorable puppy

Tired of being asked about their baby-making plans, Australian couple Matt and Abby decided to give a creative answer: with an unusual photo shoot with their 'baby', a groodle (poodle/golden retriever cross) named Humphrey. The talented Elisha from Elisha Minnette Photography caught all the precious shots.

Is it okay to name your baby with a sense of humour?

My husband was sure that Danger was a good option for a boy. And as the pregnancy progressed, it actually started to sound really good.

Woman gives birth after having her own mother's uterus transplanted

In a world first, a healthy baby has been born from the same womb that nurtured his own mother.

So hot right now: double-barrelled baby names on the rise

It's one way to make your baby stand out from the pack – giving them not one, but two first names.

Second time around: is it really better the devil you know?

When I fell pregnant with my second child I was, naturally, very excited. Then it all started to come back to me - and I freaked.

Shopping with kids: breaking the pester-power cycle

You're out shopping with your little one and they're incessantly whining that they want a treat. It's easy to say no ... the first time, at least.

How did we have babies before apps came along?

Three months ago, my wife, Chrysta, and I were driving along Melrose Avenue in Los Angeles when she let out a harrowing cry.

When your toddler disagrees

There comes a time when your child starts having different views to you. I didn't realise that time would come so soon.

Win a Pacapod this Father's Day

To celebrate dads and families, we are giving away a Picos Pack from Pacapod Australia filled with a few extra goodies ENTER NOW

 

FREE TICKET

Discover the magic of the LEGOŽ DUPLOŽ Play Area in Sydney

Get your free ticket to The Essential Baby & Toddler Show and save $20 - register online now!

 
Advertisement
 
 
Essential Baby and Essential Kids is the place to find parenting information and parenting support relating to conception, pregnancy, birth, babies, toddlers, kids, maternity, family budgeting, family travel, nutrition and wellbeing, family entertainment, kids entertainment, tips for the family home, child-friendly recipes and parenting. Try our pregnancy due date calculator to determine your due date, or our ovulation calculator to predict ovulation and your fertile period. Our pregnancy week by week guide shows your baby's stages of development. Access our very active mum's discussion groups in the Essential Baby forums or the Essential Kids forums to talk to mums about conception, pregnancy, birth, babies, toddlers, kids and parenting lifestyle. Essential Baby also offers a baby names database of more than 22,000 baby names, popular baby names, boys' names, girls' names and baby names advice in our baby names forum. Essential Kids features a range of free printable worksheets for kids from preschool years through to primary school years. For the latest baby clothes, maternity clothes, maternity accessories, toddler products, kids toys and kids clothing, breastfeeding and other parenting resources, check out Essential Baby and Essential Kids.