For those in Perth always looking for a better, faster, cheaper way

Sunday, June 30, 2013

Yes, iiNET Did Increase Your Quota

We've been pretty happy with our iiNET Home-1 plan which gave us 20GB of data each month but just now, I noticed that the data usage widget on Windows 8 showed that our quota was now 100GB! I thought it was a mistake but it turns out that iiNET has quietly increased their quotas, in my case by 500%. Internode, which is now part of iiNET, made the first move by increasing their quotas by at least 75%.

For iiNET, those that are on the Home-1 plan without bundling their phone line, your quota has increased to 50GB but because we also have our phone line with iiNET, our plan has gone up to 100GB. When you bundle your phone plan in with the internet, you save $10 / month on the internet. The other bundled plans now look like this
  • $49.95 Home-2 plan now has 200GB ($79.90 including phone line)
  • $69.95 Home-3 has 400GB ($99.90 including phone line)
  • $99.95 Home-4 plan has 1000GB ( $129.90 including phone line)
If you were wondering what we would recommend, I'd say go for the Home-1 plan unless people in your household are into heavy downloading. Bundling is recommended because there is not much difference between having your phone line provided by Telstra or iiNET.

Tuesday, June 25, 2013

Tax Time - 2012-13 ATO Tax Rates

Tax rates 2012-13
The following rates for 2012-13 apply from 1 July 2012.
Taxable income
Tax on this income
0 - $18,200
$18,201 - $37,000
19c for each $1 over $18,200
$37,001 - $80,000
$3,572 plus 32.5c for each $1 over $37,000
$80,001 - $180,000
$17,547 plus 37c for each $1 over $80,000
$180,001 and over
$54,547 plus 45c for each $1 over $180,000

With only a few days left of this financial year, many are wondering what their tax rate is. I've taken the above table from the ATO website which may help some of you out there. There was an article which talked about legal ways you can reduce your tax payable. For example, you can support a favourite charity - If you can get a receipt from a tax-deductible charity for your donation, now would be a good time to donate. Alternatively, you can buy work related, tax deductible goods depending on your profession. For accountants, perhaps a calculator or a laptop?