Dilemma

[ManDownUnder]

Hey Snipe - go for gold.

I know precious little about your circumstances - but at a high level here's what's apparent to me.

You need to save for the wedding. What you DON'T need to do is save squillions for it. We got married on $3,500, including a make to hire dress (they make it to fit, then keep it afterwards and hire it out), and keeping it small. The list of relatives we pissed off by not inviting them was long and not so exclusive.

We see them once every 10 years now... why upset that?

Focus on the future. What do you want to do (and T - what does she want?) Whoever has the higher/more stable income stays at work, while the other does a qualification. Factor in the timing of kids, getting your qualification ahead of that, and possibly T getting hers part time while at home with a little one.

The decision to get qualified is one you will never regret... so long as you do something you enjoy. If you don't know what that is yet - that becomes your mission for now. The universities have good career guidance people... seek help with that. It's a big issue, and important to get it right before you invest 4 years of training in it.

But - that under your belt, your pay expectations, and job satisfaction will increase exponentially...

Trust me on this one. You should take one step back to take 2 forward, and now is the time to do it.

Go for gold dude. Go for gold. Those hallowed halls of learning (aka University) are not the domain of the prestigious, rich, intelligencia. They are the stomping grounds of people like you and me. We have brains, a reasonable amount of direction, and we're willing to actually do the work.

PM sent.
MDU

[Colapop]

We had the poll and the discussion about what you should do and the results were overwhelming - in saying that are they going to mean as much as a referendum? So tell us - what are ya gonna do?

Are ya gonna move to Blenhiem, live in the lap of rent freeness, do I job (or study for it) that you will love and generally have a bloody nice life... or what?

[Colapop]

Joni merged with me ... hehehe (or at least my thread...)

[Joni]

Grrrrrr, Cola!

[Colapop]

You love me like I'd love Sniper to move to Blenhiem (on topic so you shouldn't delete it.. spunkybum!)

[Mom]

You love me like I'd love Sniper to move to Blenhiem (on topic so you shouldn't delete it.. spunkybum!)

Hey big guy!!

I think the decision has been made, for our esteemed Sniper and his significant other to make their way closer to you....

Mom

[Colapop]

I suspected as much with his post in the firearms thread...

Now to work on you and Maha....

[Mom]

I suspected as much with his post in the firearms thread...

Now to work on you and Maha....

Hmmmmm, I am a Norfland fixture really, Maha has moved norfer (now that is a terrible word) each time he has moved. I would prefer you work on arranging a lotto win for us, then we can just go where we want, anytime we want.........want to syndicate???....LOL

[Colapop]

If he keeps moving Norf enough he'll end up Sourf!

[Sniper]

In the country Im setting up barbed wire, motion alarms, mine the front garden, build a couple of punji pits by the back door, going to have an alsation and sleep with a loaded shotgun by the bed....

Yup, minds made up. Shifting in the middle of September after we get back from Aus and clear up a few things here. My plan (because I have so much leave owing) is to tell the bosses Im taking all my leave at the end of August and I might not come back. Better than getting a lump payment and Mr Mullen taking it for his coffers.

Can anyone advise me on the legality of saying to the boses I would prefer them to continually pay me until I run out of leave or do they have to give me a lump sum payment (Which would equate to over $7500). Do I have the choice?

[Sniper]

You love me like I'd love Sniper to move to Blenhiem (on topic so you shouldn't delete it.. spunkybum!)

Actually, just reread and saw this post....

I forgot that I'll be closer to you

[Joni]

Run Grasshopper Run......

[Mom]

Can anyone advise me on the legality of saying to the boses I would prefer them to continually pay me until I run out of leave or do they have to give me a lump sum payment (Which would equate to over $7500). Do I have the choice?

You are probably better to resign and get paid out all your accrued leave really. Accrued/annual leave that is paid out in a lump sum, is treated a little differently to weekly wages as far as tax goes. You will not be taxed on the whole amount as having been paid as one weeks pay. The pay is divided up into how much you would have been paid weekly and the tax is calculated on those amounts. So effectively it is no different to being paid over many weeks, if your payroll person treats the one off lump payment as it should be treated. Make sense?????? Probably as clear as mud I am picking...LOL

sorry mate I tried.

[Sniper]

You are probably better to resign and get paid out all your accrued leave really. Accrued/annual leave that is paid out in a lump sum, is treated a little differently to weekly wages as far as tax goes. You will not be taxed on the whole amount as having been paid as one weeks pay. The pay is divided up into how much you would have been paid weekly and the tax is calculated on those amounts. So effectively it is no different to being paid over many weeks, if your payroll person treats the one off lump payment as it should be treated. Make sense?????? Probably as clear as mud I am picking...LOL

sorry mate I tried.

I got the gust of it, so cheers for that. I was just told that lump sum payments are taxed higher than normal, is this true?

S

[Mom]

Yes it is true if it is paid like a bonus or the like. Accrued annual leave should not be treated as a lump sum payment, it is effectivly so many days/weeks of holiday pay you are entitled to. If you went away for say 3 weeks and elected to get paid each week, then the tax would be deducted from each weeks pay as you took them. If you elected to take those 3 weeks pay in one sum at the start of your holiday, the same applies, it is three weeks pay, so 3 lots of weekly tax should be calculated and deducted. Not the whole total taxed in one amount. Is this helping at all?