Now that I'm a rich investor (with a whole $500 invested in an ETF) I won't get all the information until mid August. ETF's pass on some capital gains & taxes and it takes them a while to put all the information together, something I didn't realise was a thing, so last year I ended up having to ammend my tax return after that arrived. I ended up having to pay the tax office 17c back š¤£
Yeah... I think it's a really big hit to a huge chunk of the population to NOT have it. Imagine if they'd just tax the fucking rich for that amount instead.
Oh Jesus Christ I decided to give it a go and I get back $250??????????? I've gotten back 4 figure amounts before in past years. This is fucked. I have nothing to look forward to
What exactly am I supposed to be getting out of these tax changes as a sub 80k earning pleb, what the hell. I'm genuinely kind of upset now. This is going to significantly change my approach to my annual review next week