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IMPORTANT // Please look after your loved ones, yourself and be kind to others. If you are feeling that the world is too hard to handle there is always help - I implore you not to hesitate in contacting one of these wonderful organisations Lifeline and Beyond Blue ... and I'm sure reaching out to our PRE community we will find a way to help. T.
Talking Politics
- Thread starter Legends of 2017
- Start date
Sintiger said:
If it’s fair it should be phased in at worst. As mentioned accountants and financial planners advice was to go with SMSF’s. They need to be audited each year which costs a lot of money $2,000 to $10,000 I have read. The SMSF for lower income earners will be need to be in many cases undone (depends if it’s property or shares). The work, the stress and in many cases the people effected are our most vulnerable who deserve better. Self funded retirees should be held in great esteem for largely not being on the public purse.
A company is a separate legal person. If a company makes a loss then the owners of the said company are not liable for that loss.
Since a company is a separate legal person the company pays tax, at a reduced rate as it is company.
If the company makes a profit then the profit of the said company is paid out to the owners of the company as a dividend.
The owners of the company is then pay tax on their separate income received as a dividend. I say separate as the company is a separate legal person.
You can't have it both ways. Company makes loss, shareholders not liable. Company makes profit shareholders, apparently, get credit for tax paid by company.
Sorry, you want limited liability, then, just as you accept separated liability, you have to accept separation of income.
Franking credits are not taxing the same income twice they are taxing 2 separate income streams twice. Franking credits should not exist at all. And, in many countries they don't.
DS
Since a company is a separate legal person the company pays tax, at a reduced rate as it is company.
If the company makes a profit then the profit of the said company is paid out to the owners of the company as a dividend.
The owners of the company is then pay tax on their separate income received as a dividend. I say separate as the company is a separate legal person.
You can't have it both ways. Company makes loss, shareholders not liable. Company makes profit shareholders, apparently, get credit for tax paid by company.
Sorry, you want limited liability, then, just as you accept separated liability, you have to accept separation of income.
Franking credits are not taxing the same income twice they are taxing 2 separate income streams twice. Franking credits should not exist at all. And, in many countries they don't.
DS
tigertim said:
I saw the egg video.
He needs better security. Security that won’t let people get that close.
I think his self defence and the follow up from others on the attacker was appropriate.
This is how the lefties behave if they don’t agree with your opinion.
DirtyDogTiger said:
we saw in Christchurch how some righties behave.
i would prefer an egging personally.
tigertim said:
Almost up to 800,000 as I type this.
https://www.change.org/p/the-prime-minister-remove-fraser-anning-from-parliament?recruiter=342709555&utm_source=share_petition&utm_medium=facebook&utm_campaign=psf_combo_share_initial.pacific_post_sap_share_gmail_abi.gmail_abi&utm_term=psf_combo_share_initial.pacific_post_sap_share_gmail_abi.gmail_abi&recruited_by_id=83169a40-29ee-11e5-b3e1-3b3ee4c49545&utm_content=fht-14429494-en-au%253Av5
DirtyDogTiger said:
https://www.google.com.au/amp/amp.abc.net.au/article/10909552
Yep seems appropriate for breaking an egg on someone’s head... :
not so sure assaulting someone with an egg is the basis for creating a national hero !
Or is it ok because "the victim" is someone most people appear to hate & that somehow makes it ok.
What if the victim was Morrison or Hawke or Obama or your mum
Or is it ok because "the victim" is someone most people appear to hate & that somehow makes it ok.
What if the victim was Morrison or Hawke or Obama or your mum
taztiger4 said:
Who on here is making a hero out of him Taz? I just don’t think punching a kid in the face twice and having four guys wrestle him to the ground and holding him in a choker hold is a commensurate response to an egging. Good possibility the authorities will see it in a similar way.
WesternTiger said:
not saying anyone on here is, just saw something on twitter that says his following has increased form 2000 to over 40000 !
Sintiger said:
Yes, Howard and Costello certainly looked after their fat cat mates, and themselves of course. Not too many people in the position to make a post-tax contribution of up to $1 million to their superannuation.
https://www.smh.com.au/business/costello-unveils-new-super-rules-20060906-gdobtt.html