Category Archives: Funny Stuff

Uniting Church replacing the Australian Taxation Office

I have never thought that the Uniting Church would be competing with the Australian Taxation Office but now they are… The Uniting Church has reportedly revealed it targeted international mining giant Glencore International with a private investigator to highlight the … Continue reading

Posted in Funny Stuff | 1 Comment

Queensland. Beautiful one day, tax insanity the next…

The Queensland government raises about $44 billion a year in taxes, fees… About 20% of this amount comes from the GST that is collected by the Federal Government and passed on to the states and territories. This makes the GST … Continue reading

Posted in Funny Stuff, GST, Tax Policy | Leave a comment

Can Fairfax economists please get a lesson in tax…

Coming on the back of five wrong articles in the SMH And the Age on a mythical $8 billion of unpaid company tax (notice that the only paper in the Fairfax fold not claiming there is missing company tax is … Continue reading

Posted in Funny Stuff, Tax Policy | Leave a comment

Am I cool if I say Bitcoin?

I live in a town of less than 400,000 people and I just saw a Bitcoin ATM. I don’t know who to use it but how cool am I for living near a Bitcoin ATM… The Commissioner also is cool … Continue reading

Posted in Funny Stuff, GST, Income Tax, Rulings | Leave a comment

Policy all at sea…

Have you heard about the Seafarers Tax Offset… Probably not… This is a 30% refundable tax offset paid to companies that employ seafarers on the salary they pay their seafaring employees. It is effectively a promise to pay 30% of … Continue reading

Posted in Funny Stuff | Leave a comment

Economists advising us on tax again…

Peter Martin, the economics editor at the Age writes… “The finance minister is two-thirds right. He says if the government can’t balance its books by cutting spending, “the only alternative to balance the books is to increase taxes. There’s only … Continue reading

Posted in Funny Stuff, Tax Policy | 1 Comment

All animals are equal, just some are more equal than others..

The Commissioner of Taxation has just written to some of its staff. The letter states that the staff may get a shock when they get their payment summaries. You see, like almost every employer in Australia, the Commissioner pays allowances … Continue reading

Posted in Funny Stuff, Income Tax | Leave a comment