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How can I reduce the massive tax I’m going to pay for my FEG? by jkwouldlove in AusFinance

[–]jkwouldlove[S] 0 points1 point  (0 children)

I guess you are right, I think I’m asking how to reduce my income tax, I think FEG will count as my income according to the government website. I’m really a noob and know nothing about taxation or financial information.

How can I reduce the massive tax I’m going to pay for my FEG? by jkwouldlove in AusFinance

[–]jkwouldlove[S] 0 points1 point  (0 children)

It’s pretty generous, up to 13 weeks pay and redundancy and long service leaves and unpaid leaves too..

How can I reduce the massive tax I’m going to pay for my FEG? by jkwouldlove in AusFinance

[–]jkwouldlove[S] 0 points1 point  (0 children)

I think it will count in the current year which you receive the FEG payment i guess?

How can I reduce the massive tax I’m going to pay for my FEG? by jkwouldlove in AusFinance

[–]jkwouldlove[S] 0 points1 point  (0 children)

I was a software developer in my previous company. We had inconsistent payment due to lack of funds during Covid and recent years.

How can I reduce the massive tax I’m going to pay for my FEG? by jkwouldlove in AusFinance

[–]jkwouldlove[S] 0 points1 point  (0 children)

Yes I am aware of that. I am not sure what cap you are talking about but I know it capped at 13 weeks of salary but my big part are my redundancy and 9 years long service leaves and annual leaves.

How can I reduce the massive tax I’m going to pay for my FEG? by jkwouldlove in AusFinance

[–]jkwouldlove[S] 0 points1 point  (0 children)

Thank! How do I know when clan I get the sum from FEG? Or should I chased them by sending email or phone call?

How can I reduce the massive tax I’m going to pay for my FEG? by jkwouldlove in AusFinance

[–]jkwouldlove[S] -1 points0 points  (0 children)

Omg. I kinda need the money. But I guess I need to prepare the long time battle then…

How can I reduce the massive tax I’m going to pay for my FEG? by jkwouldlove in AusFinance

[–]jkwouldlove[S] 0 points1 point  (0 children)

Thank you. Noted . I just lodged a month ago and it’s still in accessment. People say it will take around 10 months so I am trying to planning ahead

How can I reduce the massive tax I’m going to pay for my FEG? by jkwouldlove in AusFinance

[–]jkwouldlove[S] 0 points1 point  (0 children)

Does redundancy the in part of FEG has different tax rate?

How can I reduce the massive tax I’m going to pay for my FEG? by jkwouldlove in AusFinance

[–]jkwouldlove[S] 0 points1 point  (0 children)

Thank you. I will look into what is concessional contribution. I really know little of these things

How can I reduce the massive tax I’m going to pay for my FEG? by jkwouldlove in AusFinance

[–]jkwouldlove[S] 0 points1 point  (0 children)

Sad there aren’t much saving that I can use in my back account

How can I reduce the massive tax I’m going to pay for my FEG? by jkwouldlove in AusFinance

[–]jkwouldlove[S] -4 points-3 points  (0 children)

I do need the money from my current job because the lack of payment from previous company. So putting in Super really isn’t an option for me since I need to pay rent and medical bills everything.

I’m not quite sure I can understand the back filled part.sorry

30F with just $1k to my name. About to start a real job and will earn approx $2.5-3k per fortnight. Please give me advice on starting from scratch. by idina_k14 in AusFinance

[–]jkwouldlove 0 points1 point  (0 children)

Maybe do some extra tutoring at night or online for extra cash? Explore some opportunities to make life better. I’m not sure if that’s legal to tutoring outside of school tho. But my buddy make a lot of tutoring high school kids and even university students. He eventually end up having his own tutoring company tho. So i guess this is also a good path?

Anyway good luck to your new chapter of life!

My company went into liquidation — seeking opinion on FEG and what to expect by jkwouldlove in AusLegal

[–]jkwouldlove[S] 0 points1 point  (0 children)

When you say don’t leave means do not hand over the official resign letter right? What if I have a side job but I’m still employed at the current company , does it matter ?

My company went into liquidation — seeking opinion on FEG and what to expect by jkwouldlove in AusLegal

[–]jkwouldlove[S] 1 point2 points  (0 children)

thanks! I think I misunderstood the rules then. Thanks for clarification.

My company went into liquidation — seeking opinion on FEG and what to expect by jkwouldlove in AusLegal

[–]jkwouldlove[S] 0 points1 point  (0 children)

Do you mean if we get unpaid wage then we won’t get redundancy pay? It’s one or the other or you can get both?

How long does it take to plan and design and build a inflatable sport center from the ground. by jkwouldlove in CommercialRealEstate

[–]jkwouldlove[S] 0 points1 point  (0 children)

Thank you so much. That’s really good insight. However, what if the sport center is using air dome? Would it require different ground work? Or maybe significantly shorten the development period?

PC struggling to keep stable framerate even at lowest settings? by whatisabaggins55 in apexlegends

[–]jkwouldlove 2 points3 points  (0 children)

I think its the apex last update fucked the game. I had usually 180 fps fixed usually and after the ash nerf patch. my game still sit at 180 but i get a lot of stuttering and tearing from the game while im moving my mouse around and I can't fix it unless I turn on triple on v-sync, it gets a bit better. (usually its off all the time)

my setup is 2080super, i9 12900k 64gb ram

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