Rogue5861
Very Well-Known Member
Another link care of the ATO.
http://www.ato.gov.au/General/Tax-evasion-and-crime/About-tax-evasion-and-crime/
Rick
http://www.ato.gov.au/General/Tax-evasion-and-crime/About-tax-evasion-and-crime/
Rick
I'm sure lots of people who are breeding their reptlles do that, and they will claim as business costs the food, hardware, and some of their household electricity, phone, internet , and get depreciation on the major items (enclosure banks, computer, UV meter, reptile shed or room build). And if they make a loss on the reptile business it reduces their total taxable income too.if people were smart you would register it as a business, run it at a loss and offset keeping your reptiles against your taxable income from your day job...
The ATO gives the money to Government who in turn spend it on things like roads, hospitals, schools and social security. Putting money back into reptiles may not directly offset your taxable income. If you are lucky enough to pay tax it should be because you are making a profit. If you are making a profit and not paying tax someone else is paying more than they should to prop up the costs of running Australia.
i pay tax from my day job and i don't really see our government spending my hard earnt money on anything other than their trips and hotel accomedation. but i wont get into that.
i made $350 off a few reps i sold last year and just the enclosure to house them cost more than that. so i doubt i have to declare $350. if i was making alot of money i would declare it but not on anything that's a few hundred dollars.
i made $350 off a few reps i sold last year and just the enclosure to house them cost more than that. so i doubt i have to declare $350. if i was making alot of money i would declare it but not on anything that's a few hundred dollars.
More than likely if you were born before 1960 , your parents are recieving a pension and other benefits and concessions from the government , if not your parents , then your grandparents will be if they are still around. Just where do think that money comes from ?
Plus there are a load of other things we all need and use that are government (tax) funded.
You had to stay over night with your kid?
Tax would have payed for the scanner the hospital etc etc etc
Taxes pay for a lot of medical stuff but the health care system is very under funded and there are a lot of procedures that are needed that are not covered by medicare. I needed an ultrasound on my liver the other day and had to pay $180 because it was not covered.You had to stay over night with your kid?
Tax would have payed for the scanner the hospital etc etc etc
yes the goverment payed for some stuff but i noticed plarks on most stuff saying it had been donated buy companies and other charities. i also donated money myself.
You have the right to claim receipted donations at tax time as long as you did not receive anything for it. Not sure what your point about that is though?I thought donations get declared at tax time
Be thankful you DO NOT live in USA , is very costly to get sick there .Taxes pay for a lot of medical stuff but the health care system is very under funded and there are a lot of procedures that are needed that are not covered by medicare. I needed an ultrasound on my liver the other day and had to pay $180 because it was not covered.
Be thankful you DO NOT live in USA , is very costly to get sick there .
I'd rather have our mixed system and a very good medical / hospital safety net and have our hospital system and PBS than the mess they have.
Personally I believe there is more supply than demand. Your typical carpet python are literally being given away these days. If they're not oddballs like albinos or hybrid patterned critters then they are out there in their droves.
Not everyone wants to keep a reptile, not everyone is able to keep them either (especially with threads like "make my mum let me keep a snake"). Sure, it's a growing hobby, but like the Aussie car industry, we don't have the population to keep up such a huge supply (IMHO).
I have just witnessed a number of people on a Facebook group in Queensland discussing jag to jag pairings with the knowledge of the fatal gene killing potentially 25% of the clutch on the off chance the will nail one that will live. I think that this certainly fits into this discussion and those actions are not of someone who is partaking in a hobby. They are talking about pairing a number together and didn't seem to care about the poor snakes and to me that stops it being a hobby.
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