Legal basis for telco levy contribution?

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237 posts

Master Geek

#1468096 12-Jan-2016 00:12

We may have few tax and levies but we have high tax and high gst to compensate for the few tax and levy we have.

Sigh... Gonna hate looking at my payslip this month ....Look at all the tax being deducted off my income.

quickymart

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#1468122 12-Jan-2016 06:35

Someone once said (Shakespeare maybe?) there are only two certain things in life - death and taxes.

Salami

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Master Geek

#1468432 12-Jan-2016 13:41

quickymart: Someone once said (Shakespeare maybe?) there are only two certain things in life - death and taxes.

I rather choose death than tax

MikeB4

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#1468464 12-Jan-2016 14:45

Salami:
quickymart: Someone once said (Shakespeare maybe?) there are only two certain things in life - death and taxes.

I rather choose death than tax

why? tax maybe refunded, death cannot.

lucky015

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#1468467 12-Jan-2016 14:47

MikeB4:
Salami:
quickymart: Someone once said (Shakespeare maybe?) there are only two certain things in life - death and taxes.

I rather choose death than tax

why? tax maybe refunded, death cannot.

Looking at the odds between reincarnation and full tax refund, I know which side I'd put my money on.

tdgeek

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#1468494 12-Jan-2016 15:15

lucky015:
MikeB4:
Salami:
quickymart: Someone once said (Shakespeare maybe?) there are only two certain things in life - death and taxes.

I rather choose death than tax

why? tax maybe refunded, death cannot.

Looking at the odds between reincarnation and full tax refund, I know which side I'd put my money on.

So your saying that if you are due a refund, you won't get it? nah, not so.

lucky015

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#1468496 12-Jan-2016 15:18

tdgeek:
lucky015:
MikeB4:
Salami:
quickymart: Someone once said (Shakespeare maybe?) there are only two certain things in life - death and taxes.

I rather choose death than tax

why? tax maybe refunded, death cannot.

Looking at the odds between reincarnation and full tax refund, I know which side I'd put my money on.

So your saying that if you are due a refund, you won't get it? nah, not so.

I was referring more to a chance at getting reincarnated to live an entire new life or getting all the tax you have ever paid back.

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brendand

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Geek

#1475164 20-Jan-2016 10:05

The levy is a percentage of turnover. Its not actually a set fee per customer.

Vodafone could have raised prices to make the levy hidden to you as a consumer.
Instead they decided to make it completely transparent. This is called an american below-the-line levy and tax.

Can you explain how charging 85 cents (+gst) per customer is transparent, when the levy is actually 1%.

It seems to me like this supposedly "transparent" levy will generate a nice profit for Vodafone. This seems quite misleading to me. I notice that Vodafone will be moving from CBD to Smales farm to save money - I bet they won't separate this out into a transparent credit line item on my bill.

Income:

2.3 million customers * 85 cents * 12 months * 3 years = $70,380,000

Expense:

33 million over 3 years.

Profit:

$37,380,000 over three years.

Source: Vodafone Website

MikeB4

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#1475169 20-Jan-2016 10:14

brendand:

The levy is a percentage of turnover. Its not actually a set fee per customer.

Vodafone could have raised prices to make the levy hidden to you as a consumer.
Instead they decided to make it completely transparent. This is called an american below-the-line levy and tax.

Can you explain how charging 85 cents (+gst) per customer is transparent, when the levy is actually 1%.

It seems to me like this supposedly "transparent" levy will generate a nice profit for Vodafone. This seems quite misleading to me. I notice that Vodafone will be moving from CBD to Smales farm to save money - I bet they won't separate this out into a transparent credit line item on my bill.

Income:

2.3 million customers * 85 cents * 12 months * 3 years = $70,380,000

Expense:

33 million over 3 years.

Profit:

$37,380,000 over three years.

Source: Vodafone Website

Not all customers are charged the Levy

brendand

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Geek

#1475176 20-Jan-2016 10:21

MikeB4:

Not all customers are charged the Levy

How many customers are charged the levy? Without disclosing that, how is the levy "transparent"?

The levy Vodafone have to pay is based on all customers and is based on percentage of revenue, so Vodafone charge a levy to some customers that is not revenue based. What will happen to excess levy that Vodafone collect?

If they had charged me a 1% levy, that would be transparent. I feel the current levy is misleading.

richms

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#1475179 20-Jan-2016 10:23

If you dont like it, change to a plan where it is not charged then?

Richard rich.ms

MikeB4

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#1475194 20-Jan-2016 10:41

brendand:

MikeB4:

Not all customers are charged the Levy

How many customers are charged the levy? Without disclosing that, how is the levy "transparent"?

The levy Vodafone have to pay is based on all customers and is based on percentage of revenue, so Vodafone charge a levy to some customers that is not revenue based. What will happen to excess levy that Vodafone collect?

If they had charged me a 1% levy, that would be transparent. I feel the current levy is misleading.

Vodafone do need to release their customer figures. Their annual report to shareholders detail their revenue and other metrics.

How is it misleading? the Government has been upfront with it, the Telcos have been upfront with it. It has been publicised on their Websites and ample warning of the charge given.

Lastman

306 posts

Ultimate Geek

#1475211 20-Jan-2016 11:26

Where I live (defined as rural) I have received multiple sales letters from Vodafone stating they have put mobile broadband infrastructure in place as part of the RBI in our area. They aren't likely to get much interest as cabinetized broadband is available to all the areas these towers cover. Mine is a rock solid 16 Mb.

It makes you wonder that the RBI hasn't been partly used by the mobile companies to improve their general infrastructure for business and mobile users at low cost.

floydbloke

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#1475227 20-Jan-2016 11:47

Salami: We may have few tax and levies but we have high tax and high gst to compensate for the few tax and levy we have.

Sigh... Gonna hate looking at my payslip this month ....Look at all the tax being deducted off my income.

As individuals, I think 33% max income tax is OK, and compares pretty well against other 'western' countries, with ACC as the only additional compulsory deduction, and that's a nominal amount.

GST on the other hand, I agree it's on the high side and essentials should be exempt.

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raytaylor

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#1475799 21-Jan-2016 00:40

Lastman:

It makes you wonder that the RBI hasn't been partly used by the mobile companies to improve their general infrastructure for business and mobile users at low cost.

Pretty sure spark have gone on many of the RBI towers.

Vodafone has put their own equipment on all the towers, while 2deg has a blanket roaming agreement with vodafone that I assume would get them access to vodafones equipment on the rbi sites by means of roaming.

Ray Taylor

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