Still Taxing
Today’s grand triumph seemed like such an elementary question that I was hesitant to even call the tax office. Merely asking such a question would immediately reveal I’m way out of my league and thus the Tax Police would come breaking down my door. I dialled 13 28 66 the ATO business tax help line (again) and navigated the autoprompts; got a person…
Me:
Um, hi, Company Tax, Question 6 – the Profit and Loss report – Where do I put the Salary/Wages expenses?”
Now Salary and Wages are a significant chunk of any company’s profit and loss statement, or so I thought, so it should be fairly prominent. But between the available options and the handbook the only instructions I could find were where not to put it. “Cost Of Sales” was my best guess but, really, it does look like they expect, well, the cost of sales in there?!
ATO Employee 1:
Oh. Um. Gee. Er. I don’t know. Um, Let me put you through to an expert in that field…
ATO Employee 2:
Oh, gee, let me see now. Well that would be an expense, right? Um, … Can I put you on hold?
Hello? Can I put you through to my supervisor?
ATO Employee 3:
Hello? Add it to Item “S” – ‘All Other Expenses’
27 minutes later, well yes obviously this big ticket item is lumped unceremoniously amongst all the other miscellaneous expenses at the bottom I sarcastically mused to myself.
The list of such questions grows faster than the list of forms they demand of me…
- Annual PAYG Summary Advice
- Quarterly PAYG Installment Notice
- Annual GST Activity Statement
- Company Tax Return
- Individuals Tax Return
- with supplementary section
- and business and professional items schedule
- and I’m still not sure whether I/they want the Personal Services Income Schedule?
All this for the privilege of sending them around 40 cents of every dollar I see! Well, yes, I know I drew both Austudy and the Dole in my younger days but is this really a fair way to punish a guy?! Tell you what, if I can’t get the pension I’ll be sore 
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