Want to remove yourself from the Tax System?

[f40]

From all accounts the bank took him the whole way to the supreme court and it was deemed legal what he was doing. However he can only pay monthly and not pay out his mortgage with one large promissory note.

Can you send the court transcript?

Nope, I cant unfortunately. I don't know what case it is and don't even know if its true.

 

[f40]

From all accounts the bank took him the whole way to the supreme court and it was deemed legal what he was doing. However he can only pay monthly and not pay out his mortgage with one large promissory note.

Can you send the court transcript?

If not a court transcript, a source of this factual information would be cool.

It was just word of mouth, hence it been a rumour.

i.e. Joe Blogs over there uses promissory notes to pay his mortgage, blah blah.

 

[f40]

This isnt the case, but it mentions the basic principals.

Source:

 

[-j-p-shmorgan]

This isnt the case, but it mentions the basic principals.

http://www.getoutofdebtfree.org/for...0726&t=1&sid=4cf95029396c6d540dab2a16db49f31c
Source:

Interesting. Although, it was a unique circumstance. He used it for an ill sibling...

 

[yennus]

I am aware of a few different people who don't pay income tax.

Some do it through private foundations, others just flatly refuse to pay....

How does that work?

 

[SilverDJ]

Pretty sure that's illegal

Why?
What's illegal about living off your own land off the grid?

 

[SpacePete]

Any update on this? It seems like every year the government and ATO become more and more intrusive into the lives of individuals and small business. They want their pound of flesh and there are few avenues of escape.

 

[SpacePete]

Pretty sure that's illegal

Why?
What's illegal about living off your own land off the grid?

I'm guessing the illegality is more about attempting to exit society entirely by "going bush" which was the earlier comment. There are so many laws and regulations that apply to everything.

 

[SilverDJ]

Pretty sure that's illegal

Why?
What's illegal about living off your own land off the grid?

I'm guessing the illegality is more about attempting to exit society entirely by "going bush" which was the earlier comment. There are so many laws and regulations that apply to everything.

Couldn't you just pay up anything owing, and then just tell the tax department you will no longer be filing a tax return next year?
Heck, can you even get your tax file number removed I wonder?
As long as you earn no income that is taxable (above the tax free 18,200 threshold actually) the government surely have no right to chase you for anything?
I see nothing "illegal" in choosing to not earn any more income and no longer filling in a tax return.
They even have a checklist for it:
https://expertsystems.ato.gov.au/sc...nchor=DoINeedToLodge/2015#DoINeedToLodge/2015

If you own land and live off it, and don't earn over $18k or have business etc then you shouldn't have to file a tax return any more. Off the grid you go.
Only one who might chase you is the local council for your rates or whatever.

 

[Ipv6Ready]

Why?
What's illegal about living off your own land off the grid?

I'm guessing the illegality is more about attempting to exit society entirely by "going bush" which was the earlier comment. There are so many laws and regulations that apply to everything.

Couldn't you just pay up anything owing, and then just tell the tax department you will no longer be filing a tax return next year?
Heck, can you even get your tax file number removed I wonder?
As long as you earn no income that is taxable (above the tax free 18,200 threshold actually) the government surely have no right to chase you for anything?
I see nothing "illegal" in choosing to not earn any more income and no longer filling in a tax return.
They even have a checklist for it:
https://expertsystems.ato.gov.au/sc...nchor=DoINeedToLodge/2015#DoINeedToLodge/2015

If you own land and live off it, and don't earn over $18k or have business etc then you shouldn't have to file a tax return any more. Off the grid you go.
Only one who might chase you is the local council for your rates or whatever.

How about rates etc, or if you are off grid don't you get rates?

 

[alor]

if one can register for one, it can be de-registered

 

[SilverDJ]

How about rates etc, or if you are off grid don't you get rates?

Local land tax does not apply to your principle place of residence, or under the tax free threshold.
Rates on the other hand are likely still payable, take the Blue Mountains for example:
http://www.bmcc.nsw.gov.au/yourcouncil/rates/whatarerates
Even if you tell them to disconnect services (sewage, water, power), I think you are still liable.

But overall, it's entirely legal to earn up to $18k per year and never fill in tax return return again, and if pay your local council rates then you can remove yourself from the federal tax system without any issue.
This couple is refusing to pay council rates:
http://www.coffscoastadvocate.com.au/news/man-dorrigo-not-paying-rates-high-court/535267/

 

[yennus]

How about rates etc, or if you are off grid don't you get rates?

Yep, even off-grid you get rates

 

[toorak13]

just offshore your business like all the big businesses and you are tax free?

 

[toorak13]

i do wonder what happened to the original poster...(now in 2018)

 

[SilverDJ]

just offshore your business like all the big businesses and you are tax free?

It's not that easy.
Even the tax havens are "low tax" not "no tax". And once your money is overseas you need a way to spend it their or somehow get it back without paying tax here (that's really hard legally).

 

[Big A.D.]

It's not that easy.
Even the tax havens are "low tax" not "no tax". And once your money is overseas you need a way to spend it their or somehow get it back without paying tax here (that's really hard legally).

It's not that difficult: the overseas company loans the money to you in Australia and you just never pay it back (or you pay the interest only and, claim a tax deduction from the ATO on the interest, and then loan it back again).

 

[toorak13]

i think the ato already cracked down that already otherwise why would GOOGLE, EBAY etc comply with ATo.. (what was read on the news)

 

[Killerbala]

Interesting thread, what's happening everyone ? we are in 2025

 

[SKULL]

Not sure about the removing urself from the Tax System. I have an example of how the will find a way to keep u in the " System "

I'm on a carer pension, looking after my mum, so I don't have to file a Tax Return ( the ATO/Gov knows my income )

I sold some Gold & brought some Silver from a PM's dealer ( it's mandatory for them to report the transaction ) GSR was 105:1, so if it goes back under 50:1, I sell 1/2 the Silver back & get all my Gold ( but back to point )

I happened to ask my accountant about the sale/purchase & she said I have to file a Tax Return & report any CGT ( capital gains tax ) They will know about the transaction because of the PM dealer reporting.

Even if the transaction is under the CGT threshold for my income ( there's an exempt amount based on income level ) u are still legally required to report the transaction by filing a Tax Return.

The Gov is always sniffing & poking to find anything that the can get their Greedy Parasitic Claws into