What is the PAYG Tax System? (Pay As You Go Tax)

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  • Опубліковано 15 гру 2024

КОМЕНТАРІ • 11

  • @EthanRooshock
    @EthanRooshock  2 місяці тому +1

    Have you been introduced to the PAYG system before?

  • @BrianBaulch
    @BrianBaulch 2 місяці тому +1

    Thank you Ethan for the wonderful explanation.

  • @peterinoz4502
    @peterinoz4502 2 місяці тому +2

    The PAYGI concept is good as it is designed to even out your cash flow, especially now when the total debt owed to ATO by taxpayers is on the increase

    • @EthanRooshock
      @EthanRooshock  2 місяці тому

      The general concept makes sense, I think people just aren't expecting it and therefore can struggle a bit cash flow to start with.

  • @joelcaruso5343
    @joelcaruso5343 2 місяці тому +1

    Hey Ethan, could you make a video about the best structure to operate as a full time investor/trader in Australia?

    • @EthanRooshock
      @EthanRooshock  2 місяці тому +1

      I've done quite a few videos on structuring, hopefully they will help. Depends on how much profits you're expecting and who you could potentially share profits with.

  • @pdjhh
    @pdjhh 2 місяці тому +1

    They charged me x amount for 3 quarters then 9 times that in the last quarter one time wtf!

    • @EthanRooshock
      @EthanRooshock  2 місяці тому

      Would likely be that you then lodged a new return that was significantly higher amount of taxed owed compared to previous.

  • @KArtoaT
    @KArtoaT 2 місяці тому +1

    🙏🙏🙏🙏🙏⭐️⭐️⭐️⭐️⭐️