Shyfrd Turboless Donating Members 5,992 Member For: 13y 11m 3d Gender: Male Location: Geelong, Victoria Posted 13/03/12 04:52 AM Share Posted 13/03/12 04:52 AM Haha nice. Plus 10% back in my pocket at tax. Be nice haven't heard anything off the dealer??Had brownie slice for smoko with crispy mnm's in it. Delish! Link to comment Share on other sites More sharing options...
Henz Tampon inserted, Auto Acquired, next purchase a new handbag Donating Members 9,946 Member For: 16y 10m 10d Gender: Male Location: Vic Posted 13/03/12 04:54 AM Share Posted 13/03/12 04:54 AM Is it group buy time again for these, I am up for one or two as wellIn. You organize it since your the most mature on here. Link to comment Share on other sites More sharing options...
Never had any say Panda I <3 Floods Silver Donating Members 11,198 Member For: 13y 5m 29d Gender: Male Location: South West QLD Posted 13/03/12 04:57 AM Share Posted 13/03/12 04:57 AM Shy mate be careful on trying to write off an FG2 XR6T Ute as a business expense.. You'll get screwed by the tax office under 1 tonne load rating. Heaps of people get away with rooting the tax office.. But just be warned that you can't claim 100% business on a falcon and you need to keep a pretty accurate logbook.. Link to comment Share on other sites More sharing options...
adie Not pregnant Donating Members 2,238 Member For: 13y 1m 22d Gender: Female Location: Melbourne Posted 13/03/12 05:01 AM Share Posted 13/03/12 05:01 AM My car is insured as part of works fleet. ($550 full comprehensive!!!!)I've heard conflicting reports about what this means come tax time.... Link to comment Share on other sites More sharing options...
Henz Tampon inserted, Auto Acquired, next purchase a new handbag Donating Members 9,946 Member For: 16y 10m 10d Gender: Male Location: Vic Posted 13/03/12 05:05 AM Share Posted 13/03/12 05:05 AM With a ute you can. And claim depreciation too shy. Will cost you nothing I own. 1 Link to comment Share on other sites More sharing options...
adie Not pregnant Donating Members 2,238 Member For: 13y 1m 22d Gender: Female Location: Melbourne Posted 13/03/12 05:15 AM Share Posted 13/03/12 05:15 AM (edited) Henz... from your sig....*This post is about cars, Even if it doesnt mention cars, refer to the start of this senence* sentence Edited 13/03/12 05:15 AM by adie Link to comment Share on other sites More sharing options...
Henz Tampon inserted, Auto Acquired, next purchase a new handbag Donating Members 9,946 Member For: 16y 10m 10d Gender: Male Location: Vic Posted 13/03/12 05:33 AM Share Posted 13/03/12 05:33 AM Take it up with Ben. 1 Link to comment Share on other sites More sharing options...
Never had any say Panda I <3 Floods Silver Donating Members 11,198 Member For: 13y 5m 29d Gender: Male Location: South West QLD Posted 13/03/12 06:09 AM Share Posted 13/03/12 06:09 AM Just being a ute doesn't mean you can claim everything.. You can only claim based on the usage. My old bird works for the tax office and (yes she's evil) they delight in rooting out people who claim these sort of vehicles as 100% business.. Keep the logbook and you can only claim on the % of business kilometres.If you want to claim absolutely everything.. No questions asked.. By a Hilux or a Triton. Link to comment Share on other sites More sharing options...
tab Sucker Moderating Team 32,303 Member For: 20y 9m 5d Gender: Male Location: Brisbane Posted 13/03/12 06:12 AM Share Posted 13/03/12 06:12 AM The one tonne thing comes in to play with FBT exemption, but it's still not primarily designed to carry passengers so is exempt. You can't "claim" anything as a business expense, that phrase is misleading and incorrect.The only things that are claimed on tax returns in this regard are legitimate costs that go towards earning your taxable income, I.e. a personally incurred expense as an employee - which could be vehicle expenses to carry tools of trade for example.But if you are actually running a business you can account for it as an expense, then the tax is calculated on your profit. In very crude terms. Link to comment Share on other sites More sharing options...
Pazzo Donating Members 11,132 Member For: 14y 3m 8d Gender: Male Posted 13/03/12 06:20 AM Share Posted 13/03/12 06:20 AM Plus Shy when going for Ford discount has to be rego'd in private name and not business, if business you won't get discount at all. I have my own business and could not rego it under it, personal use only. Link to comment Share on other sites More sharing options...
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