Growing up I was taught by my parents that even with a little, we have a lot to give. From the days of having $5 pocket money, to now, I have been putting aside something to give to others. 

Artists have shown their generosity in spades recently, whether the donation is something of value such as t...

PAYG-W

PAYG-W stands for Pay As You Go Withholding. These are tax amounts that the employer withholds from their employees' salary and wages, to then be paid to the ATO on their behalf. Businesses also withhold money from contractors who might have voluntary agreements in place and businesses who d...

PAYG-I

PAYG-I stands for Pay As You Go Instalments. They are like instalment or pre payments the ATO kind of make you pay towards your end of year income tax debt. 

We like these because they help us (force us) to put money aside for tax. Instead of it sitting in our bank, teasing us and tempting ...