Reavergy » user profile
| Status | In Penalty Box. |
|---|---|
| Member Since | 17/12/2018 |
| Last Seen | 06/02/2019 |
| Location | QLD |
Recent Activities
Yes but I would still have to lodge a tax return and if I earn over $416 in interest (I would) then I would have to pay tax on that. I have…
How'd you know???!!!
Yes but I was trying to avoid that 66% tax rate. Thank you for your reply :)
I need it to get a term deposit so that im not earning the interest until I am 18 though
Yes, it was from working and christmas gifts, birthday gifts from relatives etc
Reavergy posted a forum topic Tax on Interest (17/18 Year Old)
Dear All, I am currently 17, turning 18 in September 2019 and have saved a considerable amount. I would like to earn interest on this but…
Reavergy joined OzBargain.
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