Technically, you don't need to pay yourself super when you're self employed, the idea being that you're building a business with equity and that this equity will serve as your retirement fund. But yeah, if you're working full time, pay yourself super.
Professional indemnity insurance is a must, as is setting aside income tax. Unless you're turning over ridiculous money or have a wide variety of clients, I wouldn't bother with an accountant. The ATO has guides for setting yourself up.
Thanks for the contracting advice, folks! I talked to an accountant and he was a little mystified as to why I was talking to him. It was kinda surreal actually. Like seriously, there was this "why are you bothering me" attitude.
Since it's only a 3 month contract, I don't think I'll need to BAS (I won't pull in more than $75k) and the other stuff seems easy enough to deal with (tho I still need to learn more about insurance and I'm going to have to buy a laptop).
Seriously. Hated the 4 years I was tied down with mortgage. Now I have the freedom to do things on my own pace and also have a backup of funds for the future.
It was nice having my own place but the costs of owning a house really add up over time, and having to set aside a good chunk of your pay for repayments, council fees and other costs just binds you down.
Attended the March for Science in Sydney today which was great, and incidentally ended at Sydney's 'Humamz House Party' where I could listen to the new Gorillaz album in full! Then Pence's motorcade went past and ruined a great day haha
spent most of the morning boardgaming before some of the boys had to head to work. Knocked out a few rounds of Power Grid (great game btw) and a few smaller rounds of Machi Koro. We opened the box for Eldritch Horror and quickly realised we wouldn't have enough time.
Taking a rest while I'm waiting for the second coat to dry. I'm going to be up late tonight, I think.
Have any of you seen that FaceApp thread? The algorithm is absolutely bonkers, yo. It has to be a deep learning type of thing. The age filters should be simple to do conceptually- just feed the program a bunch of photos of the same people at different stages of life and get it to recognise the differences that occur as people get older. The gender swap one I'm a little less sure about how they achieved it. Maybe they fed it a bunch of photos of sets of siblings as stand-ins for different gendered versions of people?
Seriously. I look at old VKS and I see my dad. It's freaking me out.
The missus and I have been watching lots of Parks and Recreation again, so we decided to get ourselves some burgers and waffles. Put ourselves into a food coma, so we just chilled and watch some flicks!
Watched it yesterday. Music and jokes kept me entertained (even though half the jokes were predictable), but I didn't care for the plot at all. Thought they stretched it way too long and I was bored by the final half an hour. Also, didn't enjoy the overload of special effects.
Overall, it was worse that the first one. I've seen the first one multiple times cause it had a certain charm to it, this one was forgettable.
"There are no coins and no time limits just complete access with a one-day ($15), weekly ($29), monthly ($79) or quarterly ($129) pass.... Some of the games that have been confirmed for the launch include The Simpsons, Teenage Mutant Ninja Turtles, Tekken, Blazing Star, Virtua Cop 2, Rave Racer, Club GTi, and a variety of Street Fighter, Mortal Kombat and NeoGeo titles."