FatCat's MoneyConfessions - helping you save (& make) money, one click at a time
Joker burns money
"It's not about money, it's about sending a message." The Joker
Just shows you that true power comes from not being a slave to money.
Rating: 
Views: 177
Latest Videos
Add a Comment
1 Comment
-
Comment by Mike Robinson on 19 September 2008 at 8:20am - I was lucky enough to meet HL, The Joker, when he was a young actor starting out in the mid 90s. A nicer guy you couldn't wish to meet.
VOTE NOW
Latest Activity
You were honest and disclosed your information. Did it say anywhere on the application that Bankruptcy excluded you from applying? I don't know if it would preclude you from acceptance but you never can tell.
I sympathise with you and am curious t...
I have done a debt 9 agreement ,
I am about to accept a job offer with comminsure which is CBA,they about to do a probity check have disclosed to them that i have done the debt 9 agreement.I am worried whether they will declined the offer to me i ...
BTW any cost incurred in trading are written off against the income although I think brokerage is wrapped up in the capital costs
As far as I can see there is only one entity YOU so the losses and gains are ALL aplieed to you. Unless I am wrong you are filling in personal tax returns for the business income and losses so as far as the ATO is concerned it is all You
I am not...
Thanks Bandwidth,
The business is a micro-business and unregistered, so income defaults to me personally. The share trading likewise so I am personally carrying a small business income and ongoing capital losses personally to add the share tradin...
Hello Greg
Sorry to hear of your bad run and I hopre you can find a way to settle your affairs in a way that allows you to carry your losses in a way the allows you to write them off.
It is a complex matter nad depends on how any income was pres...
Hello Greg
There are some good examples on the ATO. I don't know if there are any that meet your needs but worth a look.
The structure of your business will change the way losses can be carried
Thanks Bandwidth,
I have been through some tough times so have done all my tax myself - I've had the time and a good understanding is all I've needed. It has been simple so far but just need advice as to which boxes to fill. Could not justify a t...
I am not an accountant and I suggest you talk to a good one, here is my view
All the income and loss from share trading is in the name of the entity doing the trading
If the business income is a wage you are paying yourself then the losses can b...
I am carring significant capital losses and since Dec 08 have been actively share trading to recoup, since my business has also been reduced to part-time due to the downturn so I had the time. As a active share trader I have made some trades that ...
Thanks a bunch for that, I will pass it on to my elderly client. He has been very worried about it.
I love this forum :)
OK, so I may have been wrong - not for the first time ;)
After reading the link jacquesk supplied and talking to a financial planner I'm ready to admit that I was wrong. It appears that if there's no estate then the lender can't chase rellies.
S...
I was asked this question by an elderly client on an aged pension where I work. He is in a rental house, has no assets and the bank sent him free credit increases. You know " sign here for a credit limit increase" etc. So he did and now has a larg...
FatCat news
Cash is king but card use growing: RBA
Australian remains a cash-based society but the use of plastic and debit cards is growing as consumers seek more convenient payment methods, the RBA says.Bank customers vent anger online
Social networking sites are booming with people publicly expressing their displeasure at the big four.Instutions join pledge to assist struggling homebuyers
The banking industry says all home lenders should sign up to the federal government's initiative to support borrowers who have lost their job and are struggling with mortgage repayments.Tax & retirement strategies
There are a number of tried and tested tips and strategies that may work for youSMSF strategies for low income earners
How can we lessen the tax burden on our SMSF to enable us to build wealth and retire eventually?Property with positive cash flow
When interest rates are low and rental yields are high, some property owners can set up a structure commonly known as positive gearing18 Share Tips - 16 June
Red Fork Energy - we first recommended this company a few months ago when the share price was well below 30 centsReceiving a refund from the tax man
Tax is levied on your taxable income on a progressive basis referred to as marginal tax rates, which can vary from between 0 per cent and 45 per centHome grants risk more defaults: Steve Keen
The extension of time for the enhanced first home grants puts more borrowers at risk of default, as the spectre of double-digit unemployment looms, an academic says.Watch your forecasters closely
Precise economist forecasts need to be treated with a grain of salt© 2009 Created by FatCat
You need to be a member of FatCat's Money Confessions to add comments!
Join this network