Income Year

[davidgoes4wce]

For those of who work in here. What is your income during the past year?

I must admit I work part time. And I get around $400 a week. Nothing special but just enough to survive. (400 x 52= 20 800)

 

[johnnyhoward]

With uni and all my income isn't great, probably similar to yours Dave (around $400 a week). Although during the breaks (3 months at the end of the year, plus a few weeks mid-year) I work full-time, so I get around $900 a week. Plus my sports gambling is a form of income, although I'd say I'm only up a few grand a year.

But it's better than in first year when I made around $150 a week due to me attending all lectures...I realise you don't need to do that. Starting my 2nd last year of the course soon

BTW this is a touchy subject for some, as people who earn more will come on here and trumpet their earnings as a form of elitism.

 

[davidgoes4wce]

I also study as well but I will paying partial Up front this semester.

And yes I too did make some sort of income from sports betting with Betfair. But as that is now banned in WA, I have to look to other ways to support myself.

 

[Jeremias]

Might be better suited to the money board

 

[eddiesmith]

About 25,000 last year but that will drop after this year unless I get a job

 

[Glenno23]

90K last year for me

 

[*Danni*]

It all depends on how you do it.

My ex-sister-in-law and her hubby have 9 children aged between 20 years and 4 months old. Her taxable income was about $40k. His was zero. Yet they have their own business and also own 9 investment properties and are building another 2 this year.

Your 'taxable income' is only as good as your accountant! (preferrably one that specialises in Family Trusts)

 

[eddiesmith]

My Dad is an accountant and he gets his taxable income to 0 every year

Because he runs his own business we all have brand new cars that are 'company cars'

 

[kimirocks]

Still at uni full time (although I deferred this year) and until I quit my jobs was doing about $550-600 part time, which whilst living at home and uni full time, am pretty happy with. When I return will work full time and uni part time.

 

[sante]

Enoough for my age.

 

[dont bowl there]

A shiny thruppence each week to spend on a bag of lollies.

 

[johnnyhoward]

My Dad is an accountant and he gets his taxable income to 0 every year

Because he runs his own business we all have brand new cars that are 'company cars'

That's the way to do it, spend your profits My parents do the same with their business