(no subject)
HOORAY tax return done! Now just to hit the Lodge button and--
... I mean...
The thing did lodge, though. Or at least, I log back in and it says 'Status: Lodged' and 'Outcome: Processing' but after the Census fail, I just. Yeah. GOVERNMENT \m/
Also, it still weirds me out and makes me feel like I'm doing something wrong when it comes to home loan interest. Like, the opportunity for my generation to just buy a house to live in is getting smaller and smaller. Shit is HARD. We don't even have the first homeowner's grant anymore, and on top of that you can't even claim the interest you have to pay on the home loan as a tax deduction.
Unless! You're renting the property out.
I feel like it should be the opposite. If they're trying at all to get people into their own frigging houses, maybe give a little help to people who're at the beginning of their careers, instead of to the people with four properties and plenty of income from them. You have to declare interest you earn from savings in the bank; why can't we claim interest paid on a home loan as a deduction?
Adulting sucks. I just want to keep the money I earn and spend it on stuff I want ._.
... I mean...
The thing did lodge, though. Or at least, I log back in and it says 'Status: Lodged' and 'Outcome: Processing' but after the Census fail, I just. Yeah. GOVERNMENT \m/
Also, it still weirds me out and makes me feel like I'm doing something wrong when it comes to home loan interest. Like, the opportunity for my generation to just buy a house to live in is getting smaller and smaller. Shit is HARD. We don't even have the first homeowner's grant anymore, and on top of that you can't even claim the interest you have to pay on the home loan as a tax deduction.
Unless! You're renting the property out.
I feel like it should be the opposite. If they're trying at all to get people into their own frigging houses, maybe give a little help to people who're at the beginning of their careers, instead of to the people with four properties and plenty of income from them. You have to declare interest you earn from savings in the bank; why can't we claim interest paid on a home loan as a deduction?
Adulting sucks. I just want to keep the money I earn and spend it on stuff I want ._.