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FF:SA whats your average take home pay percentage wise

Discussion in 'Oceania Discussion Boards' started by beezel26, Aug 8, 2007.

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  1. beezel26 Force Ghost

    Member Since:
    May 11, 2003
    star 7
    trying to do some numbers and I see as a single guy after insurance and taxes and no 401k plan I have one third of my pay goes to all of that before I get my check.

    what about 0z, any worse or better?
  2. Adalia-Durron Former RSA/EUC Empress.

    Member Since:
    Jun 3, 2003
    star 10
    Approx. 20% (roughly depending on your trade) goes to taxes. YOu can claim alot back, but thats not my area of expertise, that'd be Justifiers! :p But Superannuation and medical coverage are options you can have taken automatically as well. frowns Been a while, so I cant help much more than that.

  3. Darth_Meanders Force Ghost

    Member Since:
    May 23, 2004
    star 5
    This might give you some idea Beez

    Personal Income Tax Rates

    As an employee you'd be also contributing 9% of pre-tax income to superannuation (which is equivalent to your 401K I think). You'd need to check with the employer if that was included or on top of any specified pay rates.
  4. beezel26 Force Ghost

    Member Since:
    May 11, 2003
    star 7
    why am I still living in America? Oh wait its for the cheap gas, thats a good thing , cause I cant afford to go anywhere with what I bring home.
  5. Adalia-Durron Former RSA/EUC Empress.

    Member Since:
    Jun 3, 2003
    star 10
    You'll have to change your terminology there! Gas is well, just that gas (a vapour like substance) we call the other stuff petrol (Unleaded of course) or diesel.
  6. Quinten_JarVos Jedi Master

    Member Since:
    Aug 18, 2004
    star 4
    I'm on Good Money for my experience and job, could be earning more. But as a 2nd year Senior Engineer it's okay.

    I wont say it here... but needless to say i'm now on good money
  7. jabbathenutt Jedi Master

    Member Since:
    May 28, 2005
    star 4
    i get to leave my work at work, get $25 hr for 50 hr week currently (avg) :D
    ....and its easy as work :)

    [face_dancing] "show me the money!!!!" [face_money_eyes]
  8. evil-incarnate Jedi Youngling

    Member Since:
    Jun 30, 2004
    star 7
    I'm not geting nearly enough cash for what I do.
  9. I_am_Kooky Sth Aust. Chapter Representative

    Chapter Rep
    Member Since:
    Jun 28, 2004
    star 4
    Eh, I am getting less then all of you!! :p
  10. mrs_jtn Jedi Knight

    Member Since:
    Jan 1, 2006
    star 1
    Unfortunately in my industry we are under paid, they got permission from the government to pay us below award wage. But it's flexible around the kids, so thats why I tolerate it until the youngest reaches school age.

    I pay full tax, even thou it's my only job, so nearly 30%, but it's a good saving scheme, because I get alot back:D .(well I'm hoping it will be like last few years, as I haven't done my tax yet)
  11. mrs_jtn Jedi Knight

    Member Since:
    Jan 1, 2006
    star 1
    Unfortunately in my industry we are under paid, they got permission from the government to pay us below award wage. But it's flexible around the kids, so thats why I tolerate it until the youngest reaches school age.

    I pay full tax, even thou it's my only job, so nearly 30%, but it's a good saving scheme, because I get alot back:D .(well I'm hoping it will be like last few years, as I haven't done my tax yet)
  12. Obi-Wan_Toddi Former SAFF CR

    Member Since:
    Feb 7, 2005
    star 6
    Be wary of the combination of tax and HECS debts! :(
  13. Sabre_11 Jedi Grand Master

    Member Since:
    Jun 1, 2005
    star 5
    Go for defence jobs, no HECS, little to no tax. Life will be grand :p
  14. Obi-Wan_Toddi Former SAFF CR

    Member Since:
    Feb 7, 2005
    star 6
    But the hours suck! Majorly!
  15. beezel26 Force Ghost

    Member Since:
    May 11, 2003
    star 7
    what is HECS tax?


    and how are some industries taxed more then others?
  16. Obi-Wan_Toddi Former SAFF CR

    Member Since:
    Feb 7, 2005
    star 6
    HECS debt = Higher Education Contribution Scheme. You get to study at University then payback your tuition fees through your income once you graduate. Though things may have changed now. Hope not.
  17. Adalia-Durron Former RSA/EUC Empress.

    Member Since:
    Jun 3, 2003
    star 10
    I think you are taxed on your wage bracket, but once again, dont quote me.
  18. MarcusP2 Games and Community Reaper

    Manager
    Member Since:
    Jul 10, 2004
    star 6
    That's correct, and you don't have to pay any back until you get to like 30+ K a year IIRC. You can also pay it off voluntarily and get discount.
  19. Obi-Wan_Toddi Former SAFF CR

    Member Since:
    Feb 7, 2005
    star 6
    Yeah, they don't start taking out HECS until you reach the 38K mark, as I found out ... [face_frustrated]
  20. MarcusP2 Games and Community Reaper

    Manager
    Member Since:
    Jul 10, 2004
    star 6
    Move overseas and forget your debt forever :p
  21. Obi-Wan_Toddi Former SAFF CR

    Member Since:
    Feb 7, 2005
    star 6
    Thanks for that timely piece of advice, Mr. Skase! :p
  22. Adalia-Durron Former RSA/EUC Empress.

    Member Since:
    Jun 3, 2003
    star 10
    Now I understand why I saw you getting your passport in order Toddi! :p
  23. Bountyhunter_niko Jedi Knight

    Member Since:
    Jul 3, 2007
    star 1
    And you need a payment plan ????? :eek:
  24. REACTOR_DRONE Jedi Knight

    Member Since:
    Mar 11, 2005
    star 3
    With that last tax adjustment I'm now keeping 84% of what I make...then again I don't make that much [face_money_eyes]
  25. oldbenk31 Force Ghost

    Member Since:
    Feb 27, 2003
    star 3
    So, How much does some need to make to be ok in Melbourne? Lets say comfotable.

    Oh ya, sorry. Moving there in a week and thought this thread verrrrry interesting. Great site by the way.

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