philperth2010 wrote on Feb 16^th, 2012 at 11:50pm:


Means testing is exactly my point Phil.
My gross incomes are perfectly correct. The ATO figure is post adjustment for Double Tax Offset Relief.

Therefore you can means test all you like, the only way you would prevent me getting that in 2008 would be to stop everyone on $44k getting it, and being a rabid Socialist I am sure you wouldn't want that?

I have also been ATO audited on it mate. It's perfectly correct.

Andrei.Hicks wrote on Feb 17^th, 2012 at 8:18am:


To be entitled to a foreign income tax offset:

•you must have actually paid, or be deemed to have paid, an amount of foreign income tax

•the income or gain on which you paid foreign income tax must be included in your assessable income for Australian income tax purposes.

So you still paid tax on your total income you just did not pay it all in Australia!!!

*first home buyers grant is now done so you cannot get it again!!!

*if you have another child in Australia you will be entitled to the baby bonus!!!

*if you work a full year in Australia and your income takes you over the threshold you will now have the health care rebate means tested!!!

Kat wrote on Feb 17^th, 2012 at 11:59am:


If it is true then Andre is not telling the whole truth......he must have actually paid, or be deemed to have paid, an amount of foreign income tax to be entitled to a foreign income tax offset.....Plus he would not be eligible for the first home buyers grant again.....He would only get the baby bonus if he has another child in Australia and has been a resident for more than 12 months and he would be means tested on his income to determine his eligibility for tax offsets and the health care rebate......Never believe anything is true when it sounds like crap!!!

Dirty Paki Khunt wrote on Feb 15^th, 2012 at 10:44pm:


Not Matty.

philperth2010 wrote on Feb 17^th, 2012 at 12:13pm:



Without going too in depth Phil.
I had a set up company in the UK Channel Islands, the multinational contracts to my company to perform the project work in Australia for a period of 2 years.

The contracted job is paid as contracting fees at $200k per annum.
I work as an employee for the company I set up for a salary of $50,000 per year and declare this in Australia as my income.
The tax paid by my company in the Channel Islands is offset to get down to $44k - which is my income in total.

The tax paid in the Channel Islands is the Corporation tax - which is 0% on the first $400,000.

It's actually a practice that works quite well for medium term projects - but I had to be a non domiciled British citizen to be able to do it.

Anyways, that's all beside the point, what I am trying to say is that means testing doesn't resolve everything.
I would pass for all of those benefits again - with the means test.

Karnal - I rent in San Diego, I don't own. I don't intend to live in the United States all my life. I have kept my house in Australia.

Not all Australian's are driven by self interest like you Andre!!!

So the wealthy can set up a company in the UK Channel Islands and pay little or no tax on their income....Yet they cry poor about having their taxpayer subsidy means tested.....How do the Liberal faithful justify this???

philperth2010 wrote on Feb 18^th, 2012 at 11:48am:


If you are going to set this structure up then your income would not be high enough for the means test to have an impact

Therefore your statement is simply rhetoric