04/09/15 08:09 AM04/09/15 08:09 AM #9822 Stripes DO NOT change your HECS with the ATO because at the end of each year you will get a great Tax return. Wife left hers and gets back around 10-12k each year.
04/09/15 08:46 AM04/09/15 08:46 AM #9823 Meh, I'd rather the money sitting in my account earning ME interest...rather than my companies (or ATO's) account earning THEM interest.
04/09/15 09:52 AM04/09/15 09:52 AM #9824 Author You must have a helluva savings account if it can pull in 10 to 12k interest in a year.
04/09/15 10:07 AM04/09/15 10:07 AM #9826 Author Read pixys post,then read yours and then read mine.If leaving it with the at can enable you to claim 10 to 12k (obviously depends on the level of debt) your bank account would need to work pretty hard to keep up....
04/09/15 10:38 AM04/09/15 10:38 AM #9827 Claiming that money is because u paid it in the first place out of your tax ?Your only getting back what u paid over the yearSo put that money into savings account instead of paying it to the ato I'm confused what your saying Ralph Do the ato give u back the money u paid in HECS by accident plus 7% interest or some sh*t ?
04/09/15 10:41 AM04/09/15 10:41 AM #9828 ^WSS. Pixy's wife is only getting it back coz it's already been withheld from her as tax. Doesn't get any interest on it, just the chunk of money back she didn't need to pay.
04/09/15 11:05 AM04/09/15 11:05 AM #9830 I got kicked out 7 weeks into yr 11. Gubberment worker (slacker) 4lyf..
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