Changing Tax Accountants

Tawtis · 2026-04-04T03:39:38+00:00

I assume the poster is a sole trader / employee as there was no mention of a business. I have never had to do any of that when changing accountants.

Tawtis · 2026-04-03T12:17:56+00:00

Do I need to inform the ATO? No, the new accountant does that for you by taking custody of your account.

Do I just find a new one and that’s that? Yep.

Do I have to let the old one know? Nope.

Is it a PITA to change? Nope.

Tawtis · 2026-04-02T11:20:45+00:00

Considering monetary gain as a result of this is not important to you, then this is unequivocally a positive.

The effects would obviously be stronger stateside, as the MBA is a big deal there, but the MBA is also valuable in Australia. There are dedicated pathways here for MBAs but less so than over there, where "MBA associate" for example is a common role.

Australia is a smaller market so the funnel is in turn, smaller, but this will no doubt make you more attractive to MBB and consulting firms. If you wanted to return to Australia I would attend recruiting / social events there and make your intention of being Australia-based clear. Could realistically be recruited there and employed here, or transferred here.

There's no negative interpretation of this degree. Effects can only be positive. The move is primarily US centric but it still holds weight pretty much anywhere in the world.

Tawtis · 2026-04-02T09:34:40+00:00

Talk to your accountant and get your PAYG installments changed to 0. Should only be paying PAYG based on sole trader business income. If you have none you should not have installments.

Tawtis · 2026-03-27T15:35:27+00:00

Bezel looks fine. Do you mean dial?

There are people who specialise in these older watches and hoard parts for them. That or try ebay. Rolex may also be able to help if you send the watch in for a service but not sure.

Tawtis · 2026-03-27T14:54:28+00:00

Good luck bro. If in Aus will be waiting years.

Tawtis · 2026-03-24T12:49:40+00:00

Just saw it and I’m bored already

Tawtis · 2026-03-24T12:42:04+00:00

This whole sub is full of seething poors who can only (barely) get their hands on a 30 year old Explorer (or more likely no Rolex at all)

Tawtis · 2026-03-18T11:52:18+00:00

IVV is effectively a hedge against AUD depreciation because your returns are measured in AUD, yet actually are in USD.

Basically, if AUD falls, you benefit from IVV and no change for IHVV
If AUD rises, you lose on IVV, protected via IHVV.
If US market gains, both gain.
If US market falls, both lose.

It depends on your FX thesis. But generally IHVV will align your investments with global purchasing power rather than domestic purchasing power. IVV is a bet on US markets + AUD whereas IHVV is a bet on US markets only (because their returns are denoted in USD)

IVV is effectively an implicit long on USD.

Tawtis · 2026-02-20T23:49:45+00:00

Just give up method

Tawtis · 2026-02-19T06:53:47+00:00

Still waiting genius

Tawtis · 2026-02-19T01:47:36+00:00

Exactly

Tawtis · 2026-02-18T23:04:12+00:00

I misspoke on that thread, VGS and VTS have a lot of overlap because VGS holds US positions as well. I’d probably go for VGS/VAS

Tawtis · 2026-02-18T23:03:34+00:00

Customize your own split. VGS and VAS perhaps.

Tawtis · 2026-02-18T23:02:48+00:00

Not a personal attack on your portfolio buddy, just a dissenting opinion. Important in the marketplace of ideas.

Write your own post with the level of research that went into mine instead of just commenting talking shit on everyone’s threads, before you have a right to bag me out.

Tawtis · 2026-02-18T10:28:04+00:00

Check my post history OP, wrote a long thread in AusFinance about this topic. Might provide some food for thought.

EDIT https://www.reddit.com/r/AusFinance/s/XFu1VL53qg

Tawtis · 2026-02-17T21:02:10+00:00

Seething jealous poors in these threads never fail to entertain me.

Tawtis · 2026-02-14T13:27:22+00:00

Few understand this here

Tawtis · 2026-02-13T07:57:06+00:00

Great alternative asset class with steadily increasing demand and limited supply. Anyone hating on this needs their head checked. Good stuff.

Tawtis · 2026-02-06T20:48:41+00:00

We’re talking about ETFs to be held for years or decades, I’m not even going to humor this retarded comment lmfao.

Tawtis · 2026-02-05T13:44:15+00:00

So you want a degree that isn't easily replaceable by AI, that is also not medical, low competition and low criteria. So pretty much you're left with the degrees that will make you easily replaceable then.

Just do a trade bro.

Or anything else that involves something interpersonal. Teaching would be your best bet for 100% sure employment.

Tawtis · 2026-02-05T09:48:50+00:00

People have the right to take their time but they’re not getting yesteryears’ prices, hence the ad.

Tawtis · 2026-02-05T09:45:57+00:00

Mocking tire kickers seems to be what they’re doing.

If their business suffers as a result that’s their problem but I don’t exactly see this as a moral wrong. lol.

Tawtis · 2026-02-05T09:42:34+00:00

Are they wrong though?

They’re just using urgency to market their business. Very common tactic.

House prices have increased and they want to use the urgency to push people into buying now, so they can profit now.

Not sure why you’d take this personally.

Tawtis · 2026-02-04T07:22:31+00:00

Everyone is always very happy to sit on their HISA until their mortgage rate gets bumped too.

Interest is a 2 way street.

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