Geekzone: technology news, blogs, forums
Guest
Welcome Guest.
You haven't logged in yet. If you don't have an account you can register now.


Filter this topic showing only the reply marked as answer View this topic in a long page with up to 500 replies per page Create new topic
1 | ... | 23 | 24 | 25 | 26 | 27 | 28 | 29 | 30 | 31 | 32 | 33 | ... | 60
Aredwood
3885 posts

Uber Geek


  #2234138 9-May-2019 21:47

Obraik:

 

We could add an emissions tax to the purchase of new ICE vehicles (not second hand) to counter what is lost from selling EVs.

 

Except that would make people hold onto their existing ICE cars for longer. Especially for use cases such as Utes, where no EV version yet exists. Then you would also need to apply it to used imports as well, due to how many of them arrive in NZ.

 

And it would be unlikely to get the type of people who currently buy new or near new little hatchbacks, to instead buy EVs. If your use case can be met by a an ICE hatchback, It is highly likely that an EV would also be a good fit for your use case.








ockel
2031 posts

Uber Geek


  #2234143 9-May-2019 21:52

GV27:

 

ockel:

 

GV27:

 

gzt: This was a good discussion on RNZ a few days prior:

https://www.radionz.co.nz/national/programmes/ninetonoon/audio/2018694075/what-happened-to-ev-incentives

..making similar points as all the above.

However - no one mentioned the current "Ute" tax break. Someone needs to figure out how to redirect that so people who would have bought a car if not for that break can decide to go electric instead. It's pretty clear many many people are purchasing Ute just because the tax treatment is given without question. Maybe it's unfixable in that sense and someone should make a 'goods rack' to put in the boot of any car for tax purposes lol. Short story fbt treatment for electric fleet should probably apply to all electric business purpose as well to reach petrol equiv.

 

There is no 'tax break' on utes; there's no specific IRD policy which says utes are exempt. In fact under the new FBT rules, you can elect for any vehicle to sit outside the FBT regime for any close company in NZ; from memory this is a maximum of two vehicles per company but it's been a while I last brushed up on FBT. 

 

 

Can you provide a link to the new FBT rules?  The IRD is still listing the FBT exemption for vehicles as:

 

"The exclusive design of the vehicle must be to carry goods, or goods and passengers equally. If the vehicle is designed mainly to carry passengers, it won’t meet this requirement."

 

Which still excludes cars as a vehicles that may be classified as FBT exempt.

 

 

That's one of four conditions that have to be met. It's not just 'all utes are exempt'. 

 

This has been updated recently; the good stuff about the other options for FBT and exemptions are on p10. 

 

https://www.classic.ird.govt.nz/resources/f/a/fab9c941-c8b0-47c7-b7ee-40f4c25035b5/IR409+Mar19.pdf

 

 

So nothing has really changed.   And the advice that I received to provide a work vehicle with appropriate signage that might occasionally carry something in the tray still exempts me from FBT remains correct despite the fact a passenger vehicle with a decent boot would suffice.  





Sixth Labour Government - "Vision without Execution is just Hallucination" 


Obraik
2121 posts

Uber Geek


  #2234145 9-May-2019 21:59
Send private message

Aredwood:

Obraik:


We could add an emissions tax to the purchase of new ICE vehicles (not second hand) to counter what is lost from selling EVs.


Except that would make people hold onto their existing ICE cars for longer. Especially for use cases such as Utes, where no EV version yet exists. Then you would also need to apply it to used imports as well, due to how many of them arrive in NZ.


And it would be unlikely to get the type of people who currently buy new or near new little hatchbacks, to instead buy EVs. If your use case can be met by a an ICE hatchback, It is highly likely that an EV would also be a good fit for your use case.


You're assuming people are against owning an EV. Most people buying a car don't really care what powers their car, as long as it gets them from a to b, which for most is from home to work and back. If some people hold on to their cars rather than buying new ICE vehicles then that's at least keeping new ICE vehicles from entering the fleet. Yeah, in my scenario imports would need to be included in the tax too.




Looking to buy a Tesla? Use my referral link and we both get credits




frankv
5678 posts

Uber Geek

Lifetime subscriber

  #2234234 10-May-2019 08:44
Send private message

wellygary:

 

Aredwood: Fully agree with regards to hydro. But the greens dont want to do that, because they are on the record as campaigning against large hydro generation projects. (lookup project Aqua during the Helen Clark Labour / greens government)

 

Campaigning against Hydro and Dams in general is at the core of the green party, Their predecessor the Values Party were formed on the back of the "Save Manapouri" movement.

 

In recent times they have opposed Mokihinui, Waimea, Ruataniwha  and  the list goes on. 

 

 

This is misleading... the Greens party, and the Values party before them, campaigned FOR the environment. Whilst hydro-electric dams do provide renewable and clean (in the sense of non-polluting) energy, they do also have negative and often irreversible environmental consequences.

 

Ruataniwha, incidentally, is not a hydro-electric scheme, it is an irrigation scheme.

 

 


Dingbatt
6744 posts

Uber Geek

Lifetime subscriber

  #2234261 10-May-2019 09:11
Send private message

Obraik:
We could add an emissions tax to the purchase of new ICE vehicles (not second hand) to counter what is lost from selling EVs.


Why not put said tax on the fuel instead? If you are trying to curb emissions then this drives demand for more efficient vehicles, and as newer vehicles tend to be more efficient and safer, these will feed into the used chain.
The loss of revenue argument is a nonsense. Anything the government does in this sphere affects revenue. It will be a conscious decision to commit taxpayer funds to it.




“We’ve arranged a society based on science and technology, in which nobody understands anything about science technology. Carl Sagan 1996


tdgeek
29671 posts

Uber Geek

Trusted
Lifetime subscriber

  #2234283 10-May-2019 09:20
Send private message

Dingbatt:
Obraik:
We could add an emissions tax to the purchase of new ICE vehicles (not second hand) to counter what is lost from selling EVs.


Why not put said tax on the fuel instead? If you are trying to curb emissions then this drives demand for more efficient vehicles, and as newer vehicles tend to be more efficient and safer, these will feed into the used chain.
The loss of revenue argument is a nonsense. Anything the government does in this sphere affects revenue. It will be a conscious decision to commit taxpayer funds to it.

 

Only if you give cash away. Businesses, who will also feed used cars back to the market a lot quicker, can have instant 100% depreciation given and instant GST refunds, to give them a cashflow benefit. That doesn't cost the Govt funds, it just feeds it back to the business quicker. Add to that fuel savings, that is incentive enough IMHO. A minimal effect on Govt funding, a quicker feedback of used EV's to the consumer used market.


wellygary
8274 posts

Uber Geek


  #2234295 10-May-2019 09:24
Send private message

Dingbatt:
Obraik:
We could add an emissions tax to the purchase of new ICE vehicles (not second hand) to counter what is lost from selling EVs.


Why not put said tax on the fuel instead? If you are trying to curb emissions then this drives demand for more efficient vehicles, and as newer vehicles tend to be more efficient and safer, these will feed into the used chain.
The loss of revenue argument is a nonsense. Anything the government does in this sphere affects revenue. It will be a conscious decision to commit taxpayer funds to it.

 

The ETS already applies to liquid fuels , the ETS price for Carbon is currently $25/tonne,   (around 6c/litre)

 

FWIW: The regulatory impact assessment in the Zero Carbon bill ( released Wednesday) estimates that to get to Zero CO2, the ETS price needs to get to over $1000/tonne, - so that's an extra $2.40 per litre


 
 
 

Move to New Zealand's best fibre broadband service (affiliate link). Note that to use Quic Broadband you must be comfortable with configuring your own router.
NzBeagle
961 posts

Ultimate Geek

Trusted

  #2234297 10-May-2019 09:25
Send private message

tdgeek:

 

Dingbatt:
Obraik:
We could add an emissions tax to the purchase of new ICE vehicles (not second hand) to counter what is lost from selling EVs.


Why not put said tax on the fuel instead? If you are trying to curb emissions then this drives demand for more efficient vehicles, and as newer vehicles tend to be more efficient and safer, these will feed into the used chain.
The loss of revenue argument is a nonsense. Anything the government does in this sphere affects revenue. It will be a conscious decision to commit taxpayer funds to it.

 

Only if you give cash away. Businesses, who will also feed used cars back to the market a lot quicker, can have instant 100% depreciation given and instant GST refunds, to give them a cashflow benefit. That doesn't cost the Govt funds, it just feeds it back to the business quicker. Add to that fuel savings, that is incentive enough IMHO. A minimal effect on Govt funding, a quicker feedback of used EV's to the consumer used market.

 

 

The number of businesses I see branding up EVs at the moment, I think they're mobilising for their own targets, which will drive demand. Example that the Kona has a wait-list at the moment is proof of that. EECA is an effective incentive for the drive in demand for Electric Vehicles. An increasing number of branded electric vans and cars on the road.


tdgeek
29671 posts

Uber Geek

Trusted
Lifetime subscriber

  #2234303 10-May-2019 09:29
Send private message

NzBeagle:

 

 

 

The number of businesses I see branding up EVs at the moment, I think they're mobilising for their own targets, which will drive demand. Example that the Kona has a wait-list at the moment is proof of that. EECA is an effective incentive for the drive in demand for Electric Vehicles. An increasing number of branded electric vans and cars on the road.

 

 

Good to know, and not surprising. Cost savings will drive that investment. If they are already mobilising, then probably no need to incentivise that. In 3 years time, those vehicles will hit the used car market at a much more consumer affordable price, and 3 years later, the new business replacements will go back to the consumer market


NzBeagle
961 posts

Ultimate Geek

Trusted

  #2234312 10-May-2019 09:39
Send private message

tdgeek:

 

Good to know, and not surprising. Cost savings will drive that investment. If they are already mobilising, then probably no need to incentivise that. In 3 years time, those vehicles will hit the used car market at a much more consumer affordable price, and 3 years later, the new business replacements will go back to the consumer market

 

 

     

  1. Cost Savings
  2. Environmental Benefits
  3. Carbon Targets
  4. Green Washing

Obraik
2121 posts

Uber Geek


  #2234338 10-May-2019 10:03
Send private message

Dingbatt:
Obraik:
We could add an emissions tax to the purchase of new ICE vehicles (not second hand) to counter what is lost from selling EVs.


Why not put said tax on the fuel instead? If you are trying to curb emissions then this drives demand for more efficient vehicles, and as newer vehicles tend to be more efficient and safer, these will feed into the used chain.
The loss of revenue argument is a nonsense. Anything the government does in this sphere affects revenue. It will be a conscious decision to commit taxpayer funds to it.

 

I think increasing the taxes on fuels should be a late game strategy, when there are plenty of affordable second hand EVs.  If you tax the fuel you start making life more difficult for low income earners that are already struggling - they're in no position right now to buy a new EV instead so you're only punishing them.  Putting the tax on new or new to NZ vehicles funds the program from a source that could choose to change their ways and avoid the tax.





Looking to buy a Tesla? Use my referral link and we both get credits


tdgeek
29671 posts

Uber Geek

Trusted
Lifetime subscriber

  #2234351 10-May-2019 10:19
Send private message

Obraik:

 

I think increasing the taxes on fuels should be a late game strategy, when there are plenty of affordable second hand EVs.  If you tax the fuel you start making life more difficult for low income earners that are already struggling - they're in no position right now to buy a new EV instead so you're only punishing them.  Putting the tax on new or new to NZ vehicles funds the program from a source that could choose to change their ways and avoid the tax.

 

 

Thats a good idea, tax those that can choose ICE or EV. There will be some that want an EV but the use case cannot manage it, but you cant please everyone

 

As you imply, the premium on new EV reduces with the tax on new ICE, and makes imported ICE less viable to bring in. New ICE or 3yo EV? That might be quite close.

 

Yeah, good plan


Aredwood
3885 posts

Uber Geek


  #2234358 10-May-2019 10:26

frankv:

wellygary:


Aredwood: Fully agree with regards to hydro. But the greens dont want to do that, because they are on the record as campaigning against large hydro generation projects. (lookup project Aqua during the Helen Clark Labour / greens government)


Campaigning against Hydro and Dams in general is at the core of the green party, Their predecessor the Values Party were formed on the back of the "Save Manapouri" movement.


In recent times they have opposed Mokihinui, Waimea, Ruataniwha  and  the list goes on. 



This is misleading... the Greens party, and the Values party before them, campaigned FOR the environment. Whilst hydro-electric dams do provide renewable and clean (in the sense of non-polluting) energy, they do also have negative and often irreversible environmental consequences.


Ruataniwha, incidentally, is not a hydro-electric scheme, it is an irrigation scheme.


 



Burning coal and other fossil fuels also has negative and often irreversible
consequences as well. Virtually all of the negative effects of building a hydro dam are only one off effects related to its construction. While the avoided carbon emissions from no longer needing to burn fossil fuels are only rarely considered when deciding whether to build a hydro dam. Same thing in relation to the environmental impact of coal mining.

Artificially expensive electricity prices caused by failure to build more hydro, also have negative consequences. Especially for low income people.

And no large western country has successfully run a power grid using mostly solar and wind power. Germany has come the closest. But their grid is still only 25% or so renewable over a whole year. While NZ is 82% or so over a whole year.

There are some tiny island power networks that are solar based. But the economics only work for them because they previously used diesel for power.

If hydro dams are so bad. Why isn't the Green party demanding that the existing dams be demolished?





GV27
5885 posts

Uber Geek


  #2234395 10-May-2019 11:09
Send private message

ockel:

 

So nothing has really changed.   And the advice that I received to provide a work vehicle with appropriate signage that might occasionally carry something in the tray still exempts me from FBT remains correct despite the fact a passenger vehicle with a decent boot would suffice.  

 

 

That's not really what the checklist says but OK. 


frankv
5678 posts

Uber Geek

Lifetime subscriber

  #2234439 10-May-2019 12:44
Send private message

Aredwood:
frankv:

 

This is misleading... the Greens party, and the Values party before them, campaigned FOR the environment. Whilst hydro-electric dams do provide renewable and clean (in the sense of non-polluting) energy, they do also have negative and often irreversible environmental consequences.

 

Ruataniwha, incidentally, is not a hydro-electric scheme, it is an irrigation scheme.

 



Burning coal and other fossil fuels also has negative and often irreversible consequences as well.

 

 

I agree, and I'm sure the Greens agree too.

 

 

Virtually all of the negative effects of building a hydro dam are only one off effects related to its construction.

 

 

Not true. As an example, one of the consequences of the Tongariro hydro scheme has been reduced flow in the Whanganui River. That in turn has raised the water temperature, and changed the whole ecology of the river.

 

 

Artificially expensive electricity prices caused by failure to build more hydro, also have negative consequences. Especially for low income people.

 

 

Artificially cheap electricity prices, which don't take into account the real costs of a dam, are also bad.

 



And no large western country has successfully run a power grid using mostly solar and wind power.

 

 

I'm not aware of any large country, western or otherwise, which has set this as a goal, let alone attempted it. So it's not surprising that none have achieved it.

 

 

If hydro dams are so bad. Why isn't the Green party demanding that the existing dams be demolished?

 

I don't know. Presumably because the damage has already been done.

 

 


1 | ... | 23 | 24 | 25 | 26 | 27 | 28 | 29 | 30 | 31 | 32 | 33 | ... | 60
Filter this topic showing only the reply marked as answer View this topic in a long page with up to 500 replies per page Create new topic





News and reviews »

Amazfit Expands Active 2 Lineup with the New Active 2 Square
Posted 23-Jun-2025 14:49


Logitech G522 Gaming Headset Review
Posted 18-Jun-2025 17:00


Māori Artists Launch Design Collection with Cricut ahead of Matariki Day
Posted 15-Jun-2025 11:19


LG Launches Upgraded webOS Hub With Advanced AI
Posted 15-Jun-2025 11:13


One NZ Satellite IoT goes live for customers
Posted 15-Jun-2025 11:10


Bolt Launches in New Zealand
Posted 11-Jun-2025 00:00


Suunto Run Review
Posted 10-Jun-2025 10:44


Freeview Satellite TV Brings HD Viewing to More New Zealanders
Posted 5-Jun-2025 11:50


HP OmniBook Ultra Flip 14-inch Review
Posted 3-Jun-2025 14:40


Flip Phones Are Back as HMD Reimagines an Iconic Style
Posted 30-May-2025 17:06


Hundreds of School Students Receive Laptops Through Spark Partnership With Quadrent's Green Lease
Posted 30-May-2025 16:57


AI Report Reveals Trust Is Key to Unlocking Its Potential in Aotearoa
Posted 30-May-2025 16:55


Galaxy Tab S10 FE Series Brings Intelligent Experiences to the Forefront with Premium, Versatile Design
Posted 30-May-2025 16:14


New OPPO Watch X2 Launches in New Zealand
Posted 29-May-2025 16:08


Synology Premiers a New Lineup of Advanced Data Management Solutions
Posted 29-May-2025 16:04









Geekzone Live »

Try automatic live updates from Geekzone directly in your browser, without refreshing the page, with Geekzone Live now.



Are you subscribed to our RSS feed? You can download the latest headlines and summaries from our stories directly to your computer or smartphone by using a feed reader.