Overseas Purchasing - GST Threshold about to be reduced

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richms

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#1368717 18-Aug-2015 16:14

I have heaps of ryobi gear that I bought off amazon thru a reshipper because of the ripoff at bunnings. Now I am replacing them as they die with Milwaukee, again, ripoff here compared to the US.

Also a friend found out that ridgid there is the same as AEG here, so you can get a charger locally for places that don't let you run a step-down because of overzealous site safety malarkey.

Add 15% - meh. So long as it doesnt slow stuff down then fine. If they can sort out the BS fees on GST imports that make shipments of about $500 so damn expensive then I will probably actually import more stuff since I avoid anything more than about $220 US because of the fees.

Richard rich.ms

mattwnz

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#1368718 18-Aug-2015 16:21

nathan:
Geektastic:
surfisup1000: This is possibly going to affect overseas companies/people providing IT work to NZ clients.

Haven't read it though but the general idea is that if you sell more than 10k into NZ then the foreign company/supplier must register with nz tax authorities.

That could be a deterrent and make it more difficult for nz companies to find specialists.

As with all these desperate money grabs, there will be numerous unintended consequences and lots of fees for lawyers and accountants.

Better to tackle government waste like flag referenda....

the flag referendum is the price of democracy

the govt of NZ wastes far far more money on things, than trying to get NZers to be more patriotic

It all just filters back through the economy, as long as they are using NZ providers. But the entire process is flawed with that flag thing, thus ending up with 40 poor designs, most of which weren't professionally designed, so we are unlikely to see a flag change based on those designs.

Geektastic

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#1368751 18-Aug-2015 17:37

nathan:
Geektastic:
surfisup1000: This is possibly going to affect overseas companies/people providing IT work to NZ clients.

Haven't read it though but the general idea is that if you sell more than 10k into NZ then the foreign company/supplier must register with nz tax authorities.

That could be a deterrent and make it more difficult for nz companies to find specialists.

As with all these desperate money grabs, there will be numerous unintended consequences and lots of fees for lawyers and accountants.

Better to tackle government waste like flag referenda....

the flag referendum is the price of democracy

the govt of NZ wastes far far more money on things, than trying to get NZers to be more patriotic

Hardly. We had democracy before and we will have it after. It's just a waste of $26 million. Of our money.

mattwnz

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#1368758 18-Aug-2015 18:02

Geektastic:

Hardly. We had democracy before and we will have it after. It's just a waste of $26 million. Of our money.

I don't mind paying my fair share of taxes, as long as it isn't wasted. $26 million could have provided funding for so many more useful things. I would have thought an international design competition for the flag would have been far better, cheaper, and attracted some of the best designers in the world. Instead our 40 flags have been largely designed by unqualified designers from home, the people who choose them also weren't designers, and it shows. The whole roadshow thing was a complete PC / feelgood failure, that had very little to do with the flags that were submitted.

mattwnz

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#1368761 18-Aug-2015 18:06

richms: I have heaps of ryobi gear that I bought off amazon thru a reshipper because of the ripoff at bunnings. Now I am replacing them as they die with Milwaukee, again, ripoff here compared to the US.

Also a friend found out that ridgid there is the same as AEG here, so you can get a charger locally for places that don't let you run a step-down because of overzealous site safety malarkey.

Add 15% - meh. So long as it doesnt slow stuff down then fine. If they can sort out the BS fees on GST imports that make shipments of about $500 so damn expensive then I will probably actually import more stuff since I avoid anything more than about $220 US because of the fees.

They are pretty much for light home use. YOu have to pay for a good qulaity brand and grade of tool , if you don't want them to die young. Most brands have two different grades, one is for home use (cheaper and not as good quality), and one for professional use (more heavy duty and expensive). I stick with the Makita, Bosche, Hitashi, Sthil, pro grade stuff.

richms

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#1368777 18-Aug-2015 18:48

The tradies I know tend to go for the cheap stuff because its not economical to insure them and they get ripped off all the time. Seems the AEG gear gets them thru for most fencing jobs and similar but is cheap enough to replace when someone busts into the ute.

Richard rich.ms

nathan

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#1368780 18-Aug-2015 18:56

Geektastic:
nathan:
Geektastic:
surfisup1000: This is possibly going to affect overseas companies/people providing IT work to NZ clients.

Haven't read it though but the general idea is that if you sell more than 10k into NZ then the foreign company/supplier must register with nz tax authorities.

That could be a deterrent and make it more difficult for nz companies to find specialists.

As with all these desperate money grabs, there will be numerous unintended consequences and lots of fees for lawyers and accountants.

Better to tackle government waste like flag referenda....

the flag referendum is the price of democracy

the govt of NZ wastes far far more money on things, than trying to get NZers to be more patriotic

Hardly. We had democracy before and we will have it after. It's just a waste of $26 million. Of our money.

Ministry of Social Development spends $26M before lunchtime every single day of the week, including weekends

$26M is nothing

if it gets Kiwis to care about their country more, be proud to wear the flag on clothing etc and have NZ more recognisable on the world stage, that is money well spent in my books

Sharesies

Trade NZ and US shares and funds with Sharesies (affiliate link).

mattwnz

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#1368791 18-Aug-2015 19:19

richms: The tradies I know tend to go for the cheap stuff because its not economical to insure them and they get ripped off all the time. Seems the AEG gear gets them thru for most fencing jobs and similar but is cheap enough to replace when someone busts into the ute.

Good point, the pro stuff is pricey. The only issue would be that the warranty is probably voided if using it for trade stuff. But then again, the retailers may not know who is using it.

JimmyH

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#1368954 18-Aug-2015 23:02

nathan:

$26M is nothing

if it gets Kiwis to care about their country more, be proud to wear the flag on clothing etc and have NZ more recognisable on the world stage, that is money well spent in my books

1. $26 million isn't nothing, there are quite a few worthwhile things it could achieve.

2. Why should I care whether someone else is proud to wear a certain logo on their shirt, much less be compelled (through taxes) to try and achieve that objective? Personally I couldn't care less what logo, flag, symbol or writing you choose to put on your clothing.

Geektastic

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#1368963 18-Aug-2015 23:42

nathan:
Geektastic:
nathan:
Geektastic:
surfisup1000: This is possibly going to affect overseas companies/people providing IT work to NZ clients.

Haven't read it though but the general idea is that if you sell more than 10k into NZ then the foreign company/supplier must register with nz tax authorities.

That could be a deterrent and make it more difficult for nz companies to find specialists.

As with all these desperate money grabs, there will be numerous unintended consequences and lots of fees for lawyers and accountants.

Better to tackle government waste like flag referenda....

the flag referendum is the price of democracy

the govt of NZ wastes far far more money on things, than trying to get NZers to be more patriotic

Hardly. We had democracy before and we will have it after. It's just a waste of $26 million. Of our money.

Ministry of Social Development spends $26M before lunchtime every single day of the week, including weekends

$26M is nothing

if it gets Kiwis to care about their country more, be proud to wear the flag on clothing etc and have NZ more recognisable on the world stage, that is money well spent in my books

I'm not sure that inefficient spending on dubious causes is justification for spending more....!

Personally I own not a single item of clothing with the flag of any nation on it - and neither will I if we change.

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