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Is this even legal in NZ? I remember that Uber taxi driver who drove all night to get from Wellington to Auckland for a couple...
Sony
Farmers must come close to clocking up those sort of hours.
Delete cookies?! Are you insane?!
the5laws:
oh nice! Buying a house just like would of def had me up in the morning with a smile haha
What would you say about your health at the moment? Recovered? Back to normal??
Yep, was pretty good contract ... it was nothing too serious , just one bad skin infection after another and some dizzy spells .... i put it down to stress and tiredness as after the project I was just fine.
One thing about IT contracting overseas, there is tons more cash if you have the right skills at the right time. I encouraged colleagues to come and join me over there , some did, but others stayed in NZ and I thought how crazy. But, one of them invested spare cash in housing and earned far more than me for doing nothing haha.
BlinkyBill:Dynamic:
- Plan to keep your business earnings to well under $60,000 so you don;t have to charge and collect GST. This will give you a pricing advantage against larger businesses. Ask the accountant about this.
There is no pricing advantage in this, GST isn't a 'business earning'. It is a consumer tax collected by businesses. Not collecting GST gives the impression of a lightweight Mickey-mouse type of business.
Perhaps YOU should ask an accountant about this.
Sheesh..... you were approaching that from completely the wrong angle.
Non-GST registered person offers to mow my lawns for a total of $20. He gets to keep the $20 (in simplistic terms).
GST registered company offers to mow my lawns for a total of $20. They get to keep about $17.50 of that and about $2.50 is paid as GST to the government (in simplistic terms). If this company wants $20 that they get to keep, they have to charge $20 +GST = $23.
Therefore a non-GST registered person has a small pricing advantage. It's not a massive advantage, as if they become successful and start earning a reasonable amount, they will have to register for GST which eliminates that advantage.
Does a homeowner mowing my lawns care whether the guy doing the job is GST registered? Probably not. A micro-business does not have to be a mickey-mouse operation, as you put it.
Yes I'm, aware that the lawnmowing guy won't be able to claim back the GST on his expenses, but that won't be a significant factor in this example.
Source: I've been financially involved with various small business for 15+ years, dealing with various GST matters including importing/exporting.
“Don't believe anything you read on the net. Except this. Well, including this, I suppose.” Douglas Adams
Referral links to services I use, really like, and may be rewarded if you sign up:
PocketSmith for budgeting and personal finance management. A great Kiwi company.
Fishing boat?
Long hours for a one off trip
surfisup1000:
the5laws:
oh nice! Buying a house just like would of def had me up in the morning with a smile haha
What would you say about your health at the moment? Recovered? Back to normal??
Yep, was pretty good contract ... it was nothing too serious , just one bad skin infection after another and some dizzy spells .... i put it down to stress and tiredness as after the project I was just fine.
One thing about IT contracting overseas, there is tons more cash if you have the right skills at the right time. I encouraged colleagues to come and join me over there , some did, but others stayed in NZ and I thought how crazy. But, one of them invested spare cash in housing and earned far more than me for doing nothing haha.
Any pointers for how you got started/where to look?
I got a few contacts in Whangarei and a lot of family with businesses.
What can you do? PM me.
Cheers
esawers:
Fishing boat?
Long hours for a one off trip
That is the one and only thing i'd chose death over. If it didn't kill me..
(I get deathly seasick)
Devonport ferry is a struggle!!!
the5laws:
My name is Dean, I am currently looking for a Labor type job where I am able to put in 80 - 100 hours
per week, with a pay rate of $18 - $20 per hour to start off with
Awesome to hear about your fantastic commitment here Dean. I have to take my hat off to people like you who are willing to clock up such hours of work.
I certainly would not be able to do it, but if my circumstances were any different, and I had a little mouths to feed I would like to think I would.
Its really a pity that sometimes legislation gets in the way of things like this.
Kudus to you mate. New Zealand needs more people like you who are willing to earn an honest living and work the ridiculous hours if need be. Its sure better than hitting the benefits bandwagon which seems to be the norm these days.
I admire your work ethic Dean, but I don't think very many employers are going to allow you to work 80+ hours per week in a labouring role. The risk of an accident is higher in labouring roles and if an accident occurs and it's revealed you are working double shifts, the employer could be in serious trouble
Mike
MikeAqua:
I admire your work ethic Dean, but I don't think very many employers are going to allow you to work 80+ hours per week in a labouring role. The risk of an accident is higher in labouring roles and if an accident occurs and it's revealed you are working double shifts, the employer could be in serious trouble
As others said above, ACC may have fatigue based laws.
https://www.sitesafe.org.nz/globalassets/guides-and-resources/best-practice-guides/fatigue-guidance-crsf.pdf
If you are employed as a wage worker you may not be able to do 80+ hours.
A contractor AFAIK is still allowed to do so. (I knew some trades that we worked with as a sparkie that did that) Also lived on site.
Dynamic:BlinkyBill:Dynamic:- Plan to keep your business earnings to well under $60,000 so you don;t have to charge and collect GST. This will give you a pricing advantage against larger businesses. Ask the accountant about this.
There is no pricing advantage in this, GST isn't a 'business earning'. It is a consumer tax collected by businesses. Not collecting GST gives the impression of a lightweight Mickey-mouse type of business.
Perhaps YOU should ask an accountant about this.Sheesh..... you were approaching that from completely the wrong angle.
Non-GST registered person offers to mow my lawns for a total of $20. He gets to keep the $20 (in simplistic terms).
GST registered company offers to mow my lawns for a total of $20. They get to keep about $17.50 of that and about $2.50 is paid as GST to the government (in simplistic terms). If this company wants $20 that they get to keep, they have to charge $20 +GST = $23.
Therefore a non-GST registered person has a small pricing advantage. It's not a massive advantage, as if they become successful and start earning a reasonable amount, they will have to register for GST which eliminates that advantage.
Does a homeowner mowing my lawns care whether the guy doing the job is GST registered? Probably not. A micro-business does not have to be a mickey-mouse operation, as you put it.
Yes I'm, aware that the lawnmowing guy won't be able to claim back the GST on his expenses, but that won't be a significant factor in this example.
Source: I've been financially involved with various small business for 15+ years, dealing with various GST matters including importing/exporting.
TimA:
As others said above, ACC may have fatigue based laws.
https://www.sitesafe.org.nz/globalassets/guides-and-resources/best-practice-guides/fatigue-guidance-crsf.pdf
If you are employed as a wage worker you may not be able to do 80+ hours.
A contractor AFAIK is still allowed to do so. (I knew some trades that we worked with as a sparkie that did that) Also lived on site.
Possibly, but directors are also responsible to ensure contractors have suitable health & safety policies and adhere to them
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