Me Mate the Pm, Financial Policy
Household income to be defined as company/personal phones, company/personal laptops, company/personal furniture, and company/personal vehicles including petrol; if you have any people working for you their income will be taxed as part of your income
Bonuses, Director Fees, wages and bonuses, bank interest and contractual payment shall be treated as second and third jobs and taxed accordingly
Maximum house-hold income without partner under $35,000.00 taxed at 0% including second and third jobs
Maximum house-hold income with partner under $70,000.00 taxed at 0% including second and third jobs
Maximum house-hold income without partner under $90,000.00 taxed at 25% including second and third jobs
Maximum house-hold income with partner under $180,000.00 taxed at 25% including second and third jobs
Minimum house-hold income without partner over $180,000.00 taxed at 35% second and third jobs taxed at 40%
Minimum house-hold income with partner over $180,000.00 taxed at 35% second and third jobs taxed at 40%
Retirement tax will use the above criteria except 25% will be reduced to 15%, 35% will be reduced to 25% and 40% will be reduced to 30%
Company taxes shall be identical for every registered business as per The Australian Business Tax Reform
If false documentation has been supplied leading to financial gain to either party, the person writing and signing that documentation shall be financially responsible for the debt, and responsible for the person for whom it was written for one full year one unless unusual circumstances can be justified
All nationalities will be seen as financially equal unless unusual circumstances can be justified
Unemployment payments shall incorporate these changes
• Financial benefits shall be increased by 20%
• Unemployed people under the age of 21 shall not receive rent assistance unless unusual circumstances can be justified
• Single parents shall only be allowed to claim for one child after meeting the Australian Single Parent Guide unless unusual circumstances can be justified
• Unemployed people unfit for work shall supply a medical certificate that falls within the Australian guide lines certifying them to be unfit for work
• If unemployed people under the age of 45 have been on benefits for 12 months, had 3 job offers and are fit for work, they shall be recruited by the Royal Australian Forces to Beautify the Country (RAFBC). If they have migrated here from another country and fit this criterion they shall be requested to leave the country and lose all benefits immediately. Note: If you are over 45 and fit for work you shall be found a position in the RAFBC to suit your qualifications unless unusual circumstances can be justified
Copyright © Gordon Andrews | Year Posted 2013
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