Being a contractor, I get paid a gross figure for the work
I do and stick 10% into an account for the GST man and
around 31.5% into another account for the ATO man.
The thing is I am accumulating cash quickly which isn't
working very hard and I don't have to hand it over until
at least November 2004.
Any ideas what I can do with this other than stick it into
a high yielding bank account. Obviously I would want
something with low risk (don't we all) as it's not really
my money.
The money involved is about $700 pw. So it's not huge
but it is burning a hole in my pocket.
andy
I do and stick 10% into an account for the GST man and
around 31.5% into another account for the ATO man.
The thing is I am accumulating cash quickly which isn't
working very hard and I don't have to hand it over until
at least November 2004.
Any ideas what I can do with this other than stick it into
a high yielding bank account. Obviously I would want
something with low risk (don't we all) as it's not really
my money.
The money involved is about $700 pw. So it's not huge
but it is burning a hole in my pocket.
andy