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View Full Version : Red Baron closing down



SaferRides
14th November 2018, 01:20
Is this true, or Fake News?

sidecar bob
14th November 2018, 04:08
True......

Navy Boy
14th November 2018, 06:20
Interesting. Plus I see that Spectrum Kawasaki is for sale - I hope this doesn't mean that they're struggling too...

HenryDorsetCase
14th November 2018, 10:04
At last some of their prices might become reasonable!

scott411
14th November 2018, 11:07
true, end of january i heard,

Scubbo
14th November 2018, 11:51
all of them or just a branch somewhere?

rok-the-boat
15th November 2018, 18:36
I noticed them having a sale on TradeMe with big price drops and my first thought was - closing.

AllanB
15th November 2018, 19:22
Always sad when a shop closes down.

Jeff Sichoe
16th November 2018, 07:20
all of them or just a branch somewhere?

What he said

Danger Dave
16th November 2018, 07:41
What he said

Just the Auckland one

Jeff Sichoe
16th November 2018, 08:24
phew, the Welly guys are excellent to deal with, both Parts and Service (haven't bought a new bike from them yet)

Scubbo
16th November 2018, 19:32
maybe thats why the auckland one is closing, parts service / responses are non-existant... cant be much coin in selling new bikes, surely its all about markup made from selling 2nd hand imports and servicing eh welllllllllllllll rich neighborhood to have a store too overheads must be huge...

Hoonicorn
16th November 2018, 20:00
Jimmy told me the Wellington dealership bought stock down from the Auckland store. They might have to buy direct now, which could be an opportunity to bring in different brands.

SaferRides
17th November 2018, 07:32
I'm not surprised to see them go, but will miss the place. God knows where my closest Yamaha dealer is now.

Scubbo
17th November 2018, 07:46
cyclespot on the shore?

Voltaire
17th November 2018, 09:18
The value of commercial property is probably a contributing factor, where I live in Onehunga they are knocking down whole blocks and building apartments.

Council Site value:

Land value

$5,600,000

say 5% return (low end), thats $230K a year or $4423.00 a week potentially in rent. Add costs of running a business and you need a good

turnover with reasonable margins.

SaferRides
21st November 2018, 07:22
Oh. It appears they are the only Yamaha dealer in Auckland.

Fresh Oats
21st November 2018, 08:16
Oh. It appears they are the only Yamaha dealer in Auckland.

The only Yamaha dealer in Hamilton is a boat dealership. I don't think Yamaha are too interested in the nz market.

reasonable
21st November 2018, 08:52
In Wellington the only Yamaha dealer is in Upper Hutt hmm

Zipper2T
21st November 2018, 08:59
Oh. It appears they are the only Yamaha dealer in Auckland.


Cyclespot is a Yamaha dealer.

SaferRides
21st November 2018, 09:18
Cyclespot is a Yamaha dealer.That's what I was trying to say.

babysteps
24th November 2018, 09:04
In Christchurch we have Trevor Pierce, home of the rudest, most arrogant bitch in Customer Service in New Zealand.

jim.cox
24th November 2018, 09:10
In Christchurch we have Trevor Pierce, home of the rudest, most arrogant bitch in Customer Service in New Zealand.

What? Worse than Casbolts?

HenryDorsetCase
24th November 2018, 12:00
The value of commercial property is probably a contributing factor, where I live in Onehunga they are knocking down whole blocks and building apartments.

Council Site value:

Land value

$5,600,000

say 5% return (low end), thats $230K a year or $4423.00 a week potentially in rent. Add costs of running a business and you need a good

turnover with reasonable margins.

5% is too low. Depending on condition and tenant the lowest I've seen is 6% and I told the guy he had rocks in his head.

Here's the thing with commercial property: it has no value really other than what it is returning. So a 5.6M RV really does not mean much. The landlord goes from having an asset whose value is best described (in shorthand) as "rent divided by return" to having a fucking liability because it does not have a tenant. Landlord still has (maybe) a mortgage on it and now has to insure it and now has to pay the rates ... plus any incomer might want work done, or a rent free period or a fitout, or a change of use might mean the council get involved and you argue with them for two years while not earning any income..... Commercial property is a blood sport and not for the faint of heart. It is endlessly fascinating though.

HenryDorsetCase
24th November 2018, 12:01
In Christchurch we have Trevor Pierce, home of the rudest, most arrogant bitch in Customer Service in New Zealand.

LOL you must be a complete dick because Rachel has always been excellent every time I have been in there.... both as a customer and as a tyre kicker. Plus they organise trackdays and rides and whatnot.

I speculate that the problem is you my son.

HenryDorsetCase
24th November 2018, 12:02
The only Yamaha dealer in Hamilton is a boat dealership. I don't think Yamaha are too interested in the nz market.

no large manufacturer of anything is "interested" in 4.5M people spread out on an island perched on the edge of the world about to fall off.

Ulsterkiwi
24th November 2018, 12:39
no large manufacturer of anything is "interested" in 4.5M people spread out on an island perched on the edge of the world about to fall off.

We are about to fall off!!!! [emoji15]


Sent from my iPhone using Tapatalk

babysteps
24th November 2018, 13:38
I speculate that the problem is you my son.

I'll buy this bike, going to the bank to sort out the money. 24 hours later, oh we sold it to someone else... didn't think you were serious.

Another time, my daughter. You shouldn't buy that helmet for your scooter, this $1000 one that doesn't fit you properly would be far better.

On a group ride of theirs. . . Oh you should ride at the back, you can't keep up with my R1M.

Shall I keep going? There about 10 more.

Not me sunshine. . .

jellywrestler
24th November 2018, 15:09
I'll buy this bike, going to the bank to sort out the money. 24 hours later, oh we sold it to someone else... didn't think you were serious.

. did they refund your deposit?

babysteps
24th November 2018, 15:24
Actually, I think i will.......

I'd like to buy these boots, they seem really good value at price X.
Yeah we have a deal going on them,
Sweet as Ill take a size 43.
Oh we dont have that size do you want us to get them in
Yep call me when they're in
6 days later....no phone call
I've come to pick up my boots
Ok that will be price Y (about $50 more)

Ummm they were price X last week.

That Promo has finished they are this now, do you still want them

Are you serious? No, no I don't

Followed by a rant about wasting her time and how hard it is for a small business to make money.

Great customer service there Mr Dorset Case. Obviously I'm really hard to deal with. I'm sure you experience has been different. Mine have been shit and I wont go back.

babysteps
24th November 2018, 15:24
did they refund your deposit?

Did they ask for one?

jellywrestler
25th November 2018, 04:14
Did they ask for one?

ummm, I wasn't there, you were; clown.

babysteps
25th November 2018, 10:09
That's right, I was. If they had asked me for a deposit I would have given them one. I wanted to buy a bike. Stupid question, clown.

AllanB
25th November 2018, 10:53
Probably two things going on in the Yammy example.

A buyer who thinks they secured the ride subject to sorting finance the next day. A 'verbal' deal. I have little doubt you thought the bike was yours - I was not there so don't know the extent of the conversation but if it was me I'd offer a $100 holding deposit or something so they knew you were serious.

A bike shop who probably frequently has many people say they will be in the next day to purchase and never turn up. Thus flicking it off when someone ready to sign did turn up.

Who is wrong?

Given it is retail, I'll say the dealer for not securing something out of you when you said you wanted the bike - a holding deposit as noted above or sale documentation with a condition subject to customer finance with a stated deadline.

Would you have been agreeable to either? If not then the bike shop had no security over your return to complete the deal.

Ditto with the boots - as a rule I've found when ordering bike stuff like gear they at least want a deposit (if not full payment) and provide a receipt for the goods noting the full price and what's been paid. Covers everyone's arse.

Your comments don't strike me as you having a issue with leaving a deposit - sounds like the shop was not insisting on one. More fool them in that regards if you are not a 'known' customer of theirs.

The exception is after you have developed a relationship with a shop and they know you are good for what you order. And that's established by previous good service etc. Sounds like TP lost a chance to develop that with you, which is a shame as we need bike shops in NZ to do well.

babysteps
25th November 2018, 11:05
I think you're onto something there....

People like Adam @ MCDU and Jimmy @ Bavarian Motors Works have to work on building relationships with you because they don't have brand backing. The delaerships dont really seem to give a shit

Hamptons was another good example...as was the 'old' Street and Sport.

jellywrestler
25th November 2018, 12:58
That's right, I was. If they had asked me for a deposit I would have given them one. I wanted to buy a bike. Stupid question, clown.

ok then, did they phone you to confirm that you were still interested the next day than?

HenryDorsetCase
25th November 2018, 13:07
I think you're onto something there....

People like Adam @ MCDU and Jimmy @ Bavarian Motors Works have to work on building relationships with you because they don't have brand backing. The delaerships dont really seem to give a shit

Hamptons was another good example...as was the 'old' Street and Sport.

riiiiiight. So you get offside with everyone? You've heard the parable that if you meet an asshole in a day then, well, you met an asshole. If all you meet every day are assholes, chances are, you're the asshole. Just saying.

The only shop I will never buy a bike from in this town is Casbolts. In fact, I bought a brand new Honda a few years ago and travelled some way out of my way to do it just so I wouldnt have to deal with them.

Grumph
25th November 2018, 14:34
riiiiiight. So you get offside with everyone? You've heard the parable that if you meet an asshole in a day then, well, you met an asshole. If all you meet every day are assholes, chances are, you're the asshole. Just saying.

The only shop I will never buy a bike from in this town is Casbolts. In fact, I bought a brand new Honda a few years ago and travelled some way out of my way to do it just so I wouldnt have to deal with them.

Ok, you call it as you find it. I've been around for a lot longer and will only source Yamaha bits from McClearys. It involves much more time and travel but that's how I call it.

babysteps
25th November 2018, 14:53
riiiiiight. So you get offside with everyone? You've heard the parable that if you meet an asshole in a day then, well, you met an asshole. If all you meet every day are assholes, chances are, you're the asshole. Just saying.

The only shop I will never buy a bike from in this town is Casbolts. In fact, I bought a brand new Honda a few years ago and travelled some way out of my way to do it just so I wouldnt have to deal with them.

I understand that reading and comprehension are hard for Honda riders but I think you should read what I typed again.

It seems to me the dealers just don't give a shit about service, where as the others I mentioned, do or did.

jellywrestler
25th November 2018, 16:01
I understand that reading and comprehension are hard

It seems to me the dealers just don't give a shit about service, where as the others I mentioned, do or did.

i'm having trouble comprehending what you've said there, first part says they don't, second that some do, can't be both...

buggerit
25th November 2018, 16:24
Actually, I think i will.......

I'd like to buy these boots, they seem really good value at price X.
Yeah we have a deal going on them,
Sweet as Ill take a size 43.
Oh we dont have that size do you want us to get them in
Yep call me when they're in
6 days later....no phone call
I've come to pick up my boots
Ok that will be price Y (about $50 more)

Ummm they were price X last week.

That Promo has finished they are this now, do you still want them

Are you serious? No, no I don't

Followed by a rant about wasting her time and how hard it is for a small business to make money.

Great customer service there Mr Dorset Case. Obviously I'm really hard to deal with. I'm sure you experience has been different. Mine have been shit and I wont go back.

A win for everyone concerned then:woohoo:

babysteps
25th November 2018, 16:40
i'm having trouble comprehending what you've said there, first part says they don't, second that some do, can't be both...

OK Then, I'll spell it out as it appears English is your second language. From my experience.....

MCDU, great service, not a brand dealership

Bavarian Motor Works, great service, not a brand dealership

Budget Motorcycle Spares, great service, not a dealership

Hamptons, when they were going, great service, not a brand dealership

Street and Sport, great service, were a dealership (Triumph), the exception to every rule because Phil and Glen are awesome people, shame they are not in business anymore

TP Yamaha, shit service, dealership

Casbolts, shit service, dealership


Adam @ MCDU, Jimmy @ Bavarian have gone the extra mile to build relationships with me and I will continue to support them because of that. It's not really that hard to understand is it?

AllanB
25th November 2018, 17:17
The only shop I will never buy a bike from in this town is Casbolts. In fact, I bought a brand new Honda a few years ago and travelled some way out of my way to do it just so I wouldnt have to deal with them.

I've had nothing but good experiences with Casbolts.

Ocean1
25th November 2018, 19:17
5% is too low. Depending on condition and tenant the lowest I've seen is 6% and I told the guy he had rocks in his head.

Here's the thing with commercial property: it has no value really other than what it is returning. So a 5.6M RV really does not mean much. The landlord goes from having an asset whose value is best described (in shorthand) as "rent divided by return" to having a fucking liability because it does not have a tenant. Landlord still has (maybe) a mortgage on it and now has to insure it and now has to pay the rates ... plus any incomer might want work done, or a rent free period or a fitout, or a change of use might mean the council get involved and you argue with them for two years while not earning any income..... Commercial property is a blood sport and not for the faint of heart. It is endlessly fascinating though.

All perfectly acceptable risks for an investor. Or should be. Except for local council involvement thing.

The local council here decided a mate's property should have twice the number of on-site car parks, and the only way to achieve that was to demolish the building.

It's an abject lesson in the consequences of bitching about shit and demanding the local authorities do something about it. It's an open invite to partake in a totalitarian lifestyle.

Grumph
26th November 2018, 08:38
All perfectly acceptable risks for an investor. Or should be. Except for local council involvement thing.

The local council here decided a mate's property should have twice the number of on-site car parks, and the only way to achieve that was to demolish the building.

It's an abject lesson in the consequences of bitching about shit and demanding the local authorities do something about it. It's an open invite to partake in a totalitarian lifestyle.

So where do you stand on the common case of the business owner occupying a customer car park ?

And I understood you were going to vote with your feet and leave NZ anyway.....

Ocean1
26th November 2018, 10:20
So where do you stand on the common case of the business owner occupying a customer car park ?

And I understood you were going to vote with your feet and leave NZ anyway.....

What, he's not allowed to park on his own property? Don't get me wrong, if I were in retail and customer numbers were limited by parking then my car wouldn't be anywhere near the business. Neither would the employees' cars. That's the point: my property, my rules, if the council wants to make the rules they should buy the property.

Let's just say that if I'm required to pay significantly more tax than I currently do then I will indeed be spending several months a year off shore as a method of minimising that loss. Also, any attempt to impose a wealth tax here will see me move that wealth elsewhere.

ojyamaha
21st December 2018, 21:34
31st Jan close date. Some new kawasakis going cheapish. Listed on trademe. I asked the parts guy if he had a list of rd / rz parts as was interested in buying some/ all / none. Too hard they don't list their parts like that , I would need to give them specific part numbers......oh dear...

Sent from my SM-G920I using Tapatalk

SaferRides
22nd December 2018, 06:05
31st Jan close date. Some new kawasakis going cheapish. Listed on trademe. I asked the parts guy if he had a list of rd / rz parts as was interested in buying some/ all / none. Too hard they don't list their parts like that , I would need to give them specific part numbers......oh dear...

Sent from my SM-G920I using TapatalkI don't think they carry many parts. Never had anything in stock for the R1 except an oil filter. They do have aftermarket stuff like carb service kits, but genuine parts were always ex-Oz.

I will call in over the holidays and say goodbye.

Voltaire
22nd December 2018, 06:48
5% is too low. Depending on condition and tenant the lowest I've seen is 6% and I told the guy he had rocks in his head.

Here's the thing with commercial property: it has no value really other than what it is returning. So a 5.6M RV really does not mean much. The landlord goes from having an asset whose value is best described (in shorthand) as "rent divided by return" to having a fucking liability because it does not have a tenant. Landlord still has (maybe) a mortgage on it and now has to insure it and now has to pay the rates ... plus any incomer might want work done, or a rent free period or a fitout, or a change of use might mean the council get involved and you argue with them for two years while not earning any income..... Commercial property is a blood sport and not for the faint of heart. It is endlessly fascinating though.

In that part of Auckland ( and probably others) the rates on the land has gone thru the asbestos roof.
The Council wants/needs more punters to pay for underground rail, America Cup Villages and so on.
I'm several KM's from the city and the land value of my 650 metres is 800k.
We are seeing the first 3 story tilt slab beauties going up nearby :puke:
I have not been to Red Barron for some years, Dick Turpins would have been a better name.

AllanB
22nd December 2018, 07:04
I'm several KM's from the city and the land value of my 650 metres is 800k.


That silly money for dirt.

jellywrestler
22nd December 2018, 07:32
That silly money for dirt.

yeah but you're guarantted to have mister whippy through the street three times a week

Moi
22nd December 2018, 08:05
In that part of Auckland ( and probably others) the rates on the land has gone thru the asbestos roof.
The Council wants/needs more punters to pay for underground rail, America Cup Villages and so on.
I'm several KM's from the city and the land value of my 650 metres is 800k.
We are seeing the first 3 story tilt slab beauties going up nearby :puke:
I have not been to Red Barron for some years, Dick Turpins would have been a better name.


That silly money for dirt.

Red Baron's rates based on land [987m2] value of $5.6million plus a mere $0.4million of improvements.

We're on 574m2 with value $1.475million plus $0.35million of improvements.

As for paying for CRL [underground rail] I'm okay with the council helping government pay for infrastructure that should have been built years ago. But as for the America Cup village, if those rich boys want to sail their yachts in the gulf, then they can pay for the pleasure, plus any business that thinks it will also benefit.

Voltaire
22nd December 2018, 08:14
yeah but you're guarantted to have mister whippy through the street three times a week

I haven't see a Mr Whippy around here for ages, however the local Gelato shop can do you two scoops in a waffle cone for $7.00.

As nice as that is the local dairy does two scoops of Tip Top in a plain cone for $2.50.

trustme
22nd December 2018, 08:35
I tried to go to Red Baron the other day but gave up. Parking is nigh on impossible if you are in a car .

AllanB
22nd December 2018, 12:06
But as for the America Cup village, if those rich boys want to sail their yachts in the gulf, then they can pay for the pleasure, plus any business that thinks it will also benefit.


A couple weeks back the Govt put more money into it - Pretty sure it is close to $40 million coming from your taxes to assist the Cup now. Huge money.

And as you say it is a billionaires game.

HenryDorsetCase
22nd December 2018, 13:09
What, he's not allowed to park on his own property? Don't get me wrong, if I were in retail and customer numbers were limited by parking then my car wouldn't be anywhere near the business. Neither would the employees' cars. That's the point: my property, my rules, if the council wants to make the rules they should buy the property.

Let's just say that if I'm required to pay significantly more tax than I currently do then I will indeed be spending several months a year off shore as a method of minimising that loss. Also, any attempt to impose a wealth tax here will see me move that wealth elsewhere.

If you need a referral for tax advice let me know. We've got a guy. Your issue though would be unless you move your assets and your business to a low tax jurisdiction so that your income is earned offshore then your tax residency most likely would be where the income is earned. Oh yeah, those "low tax" places you want to go? vietnam, China (good luck with that) Thailand, Indonesia, Bangladesh etc. All delightful to visit but would you want to live there? Where do you want to retire to? What is it with this Chicago school "all tax is theft" mentality? I've never understood it. In fact, I put it to you that if you are doing well, it is your duty to help others. Let me know and I will shout you a years membership to the Labour Party.

I always say to people dont fret about paying tax, because if you are paying tax you are making money.

I also think it isnt "several" months in my understanding it is 183 days. Or it might be 60. or something - the gotcha here is different tax types have different rules. Its hilarious.

jellywrestler
22nd December 2018, 15:40
I also think it isnt "several" months in my understanding it is 183 days. Or it might be 60. or something - the gotcha here is different tax types have different rules. Its hilarious.

who come up with a figure of 183 days, sounds like the same clown who offers 57 virgins if you blow up something while wearing a towel on your head?

HenryDorsetCase
22nd December 2018, 15:51
yeah but you're guarantted to have mister whippy through the street three times a week

only cos the icecream truck is a front for selling meth....

HenryDorsetCase
22nd December 2018, 15:53
who come up with a figure of 183 days, sounds like the same clown who offers 57 virgins if you blow up something while wearing a towel on your head?

its one of the tests in the income tax act for whether you are "resident" in UnZud for tax purposes, and its also relevant in the Residential Land Witholding tax area as well for non-residents. Oh and the other one is the "am I qualified to buy property in UnZud" which is three different regimes that use the same or a similar test. I've got some flow charts and shit (and some very clever staff) at work - no way can a simple country boy memorise this shit.

AllanB
22nd December 2018, 16:35
They make tax in NZ deliberately difficult so you don't question it. Thus the benefit of using a good accountant that specializes in tax.

jellywrestler
22nd December 2018, 16:45
They make tax in NZ deliberately difficult so you don't question it. Thus the benefit of using a good accountant that specializes in tax.

whay wouldn't all acountants specialise in tax, isn't that their job?

HenryDorsetCase
22nd December 2018, 17:11
why wouldn't all acountants specialise in tax, isn't that their job?

No. Hell no. The tax accountant we use worked for the IRD for ten years then was the tax manager at a good sized accounting firm then another here. He now works for himself and his clients are accountants and lawyers. the tax lawyer I know was in my year at Uni and is super bright, got the gold medal. He also worked for IRD, then overseas then in Auckland and now here. These guys are like the A-Team. If you have a problem, and no one else can help, and if you can find them, maybe you can hire them. Your BAS type accountant has a good working knowledge of that shit, no doubt, but if you are getting audited, or fucked over, or accused of adopting too aggressive a tax position then you need a specialist.

The problem with the revenue is this: it is staffed by people, and they are public servants. they have the deepest pockets, literally unlimited funds to fight with, and really long memories. Ask Dave Henderson.

jellywrestler
22nd December 2018, 17:48
No. Hell no. The tax accountant we use worked for the IRD for ten years then was the tax manager at a good sized accounting firm then another here. He now works for himself and his clients are accountants and lawyers. the tax lawyer I know was in my year at Uni and is super bright, got the gold medal. He also worked for IRD, then overseas then in Auckland and now here. These guys are like the A-Team. If you have a problem, and no one else can help, and if you can find them, maybe you can hire them. Your BAS type accountant has a good working knowledge of that shit, no doubt, but if you are getting audited, or fucked over, or accused of adopting too aggressive a tax position then you need a specialist.

The problem with the revenue is this: it is staffed by people, and they are public servants. they have the deepest pockets, literally unlimited funds to fight with, and really long memories. Ask Dave Henderson.

so how do you know a good accountant from a bad one then?

AllanB
22nd December 2018, 18:50
so how do you know a good accountant from a bad one then?

Ask them where they live and what they drive .........

Ocean1
22nd December 2018, 23:00
If you need a referral for tax advice let me know. We've got a guy. Your issue though would be unless you move your assets and your business to a low tax jurisdiction so that your income is earned offshore then your tax residency most likely would be where the income is earned. Oh yeah, those "low tax" places you want to go? vietnam, China (good luck with that) Thailand, Indonesia, Bangladesh etc. All delightful to visit but would you want to live there? Where do you want to retire to? What is it with this Chicago school "all tax is theft" mentality? I've never understood it. In fact, I put it to you that if you are doing well, it is your duty to help others. Let me know and I will shout you a years membership to the Labour Party.

I always say to people dont fret about paying tax, because if you are paying tax you are making money.

I also think it isnt "several" months in my understanding it is 183 days. Or it might be 60. or something - the gotcha here is different tax types have different rules. Its hilarious.

If push comes to shove I might just take you up on that. :laugh:

There is, as you say a bunch of regulatory triggers assembled around the "less than half a year" thing, but that might change if they introduce direct wealth taxes. It's already relevant for pensions, for what little it's worth. Indonesia in particular is doing a great job of siphoning Aussie and to a lesser extent US pension spending by formally and officially making it easier for retirees to live there part time, at a much, much lower cost. A couple of older Aussie acquaintances live half their lives in what amounts to club med style enclaves, a far higher living standard at a fraction of the cost of the rest of their year spent in Aus.

And the tax is theft thing is philosophically far older than the Chicago school, it's just a somewhat forgotten but perfectly correct observation: if you have no choice in the giving then it ain't a gift, it's absolutely accurate to call it theft. I don't suggest that it necessarily should be voluntary, but as a default definition you really can't argue that the rightful owner of the fruits of his labour is the dude what earned it.

As for it being OK paying a bunch more tax based on the argument that the said afflicted have generally got plenty: you perhaps need to include in that consideration why they've got plenty. Unless they came by it dishonestly, (in which case it's unlikely they'll be paying any tax whatsoever) then the answer is invariably that they worked harder/smarter in order to achieve that distinction. If you're going to take not only more off them in tax because of that but disproportionately more then why would they bother? More to the point, there's a strong argument that almost all of the eventual recipients of that largess had every opportunity to work just as hard/smart for the same resulting plenty....... and didn't.

So while I agree that you're not going to supply the infrastructure everyone uses without hitting up the most productive 10% much harder than everyone else, and I absolutely support the use of rich prick's money to support genuine charitable causes, the "equity" gravy train has reached the point where you have to ask yourself if over half of all adult Kiwis really need to be beneficiaries, or is that simply the natural outcome of a system where everyone votes themselves everyone else's money?

And to top it all off is the currently fashionable belief that it's not only fair that this should be the case, but that it's inequitable that rich pricks, having paid far more tax than most in achieving their prickdom are now unfairly "advantaged" and restitution should be made by taxing not their income but their actual wealth. Said opinion delivered daily in the rag of your choice, in vaudevillian level righteous outrage :laugh: Which, I'm afraid transcends arguments based supposedly on equality and highlights the reason for all tax in the first place: "Because fuck your work ethic, what we want is more important than what you want".

Ocean1
22nd December 2018, 23:06
No. Hell no. The tax accountant we use worked for the IRD for ten years then was the tax manager at a good sized accounting firm then another here. He now works for himself and his clients are accountants and lawyers. the tax lawyer I know was in my year at Uni and is super bright, got the gold medal. He also worked for IRD, then overseas then in Auckland and now here. These guys are like the A-Team. If you have a problem, and no one else can help, and if you can find them, maybe you can hire them. Your BAS type accountant has a good working knowledge of that shit, no doubt, but if you are getting audited, or fucked over, or accused of adopting too aggressive a tax position then you need a specialist.

The problem with the revenue is this: it is staffed by people, and they are public servants. they have the deepest pockets, literally unlimited funds to fight with, and really long memories. Ask Dave Henderson.

My first accountant said, at out first meeting: "Understand that you might be paying me, but I work for the IRD."

That, and the understanding that if I ever constructed a tax return that would fly (even badly) and provide a better result than his then he'd pay it for me earned him 25 years of my business.

jellywrestler
23rd December 2018, 04:27
Ask them where they live and what they drive .........

yeah doesn't mean they haven't got a beach house or a portfolio of rentals though....

Ocean1
23rd December 2018, 07:11
yeah doesn't mean they haven't got a beach house or a portfolio of rentals though....

.... as well.

To be fair, their work load has just doubled as a result of all of the new fangled govt "anti money laundering" provisions.

Blackbird
23rd December 2018, 11:19
These guys are like the A-Team. If you have a problem, and no one else can help, and if you can find them, maybe you can hire them. Your BAS type accountant has a good working knowledge of that shit, no doubt, but if you are getting audited, or fucked over, or accused of adopting too aggressive a tax position then you need a specialist


Exactly this :Punk: ! We were recommended a particular an accountant with high level knowledge of family trusts and he's been pure gold. We wouldn't have had a show of knowing trust law and all the angles. IRD like him too because of his meticulous preparation. Same goes for anyone providing any type of high level specialist service, no matter what what service they provide as many of them only operate by word of mouth or very discreet advertising. The trick is actually finding them.

When I was coming up for retirement, we wanted financial advice that wasn't allied to any of the banks or financial products. Truly independent advice in other words as I'm an engineer, not a financial mastermind. We were recommended someone by the guy who ran our company superannuation investment programme. He made the comment that there were only 3 people in the north island that he would trust with his money! We went with one of them and he's been fantastic. Peace of mind and lets me concentrate on playing with motorcycles!

caspernz
1st January 2019, 16:21
I'm not surprised to see them go, but will miss the place. God knows where my closest Yamaha dealer is now.

Pukekohe :2thumbsup

rambaldi
4th January 2019, 10:33
Anyone know if Red Baron are doing a sale on gear yet, or just the bikes so far?

AllanB
4th January 2019, 10:36
Appears to be the longest going out of business close down so far ......

Phone them up - I'm sure deals can be had for the asking.

rambaldi
4th January 2019, 10:49
Appears to be the longest going out of business close down so far ......

Phone them up - I'm sure deals can be had for the asking.

Not as bad as the Mt Eden bed store that I go past every day. I feel like their first signs went up this time last year.

Moi
4th January 2019, 11:46
Anyone know if Red Baron are doing a sale on gear yet, or just the bikes so far?

Had a look the week before Christmas, not a great deal of gear left at that time so it might be worth a visit to see what they have...

rambaldi
4th January 2019, 11:49
Had a look the week before Christmas, not a great deal of gear left at that time so it might be worth a visit to see what they have...

Cheers, will try head over sooner rather than later then.

Grumph
5th January 2019, 05:06
For a shop going out of business, they have an astonishing presence at the GP meeting this weekend.

Signwritten trucks, bikes apparently sponsored across many classes....I looked around and remembered this thread and was surprised.

rambaldi
5th January 2019, 10:56
For a shop going out of business, they have an astonishing presence at the GP meeting this weekend.

Signwritten trucks, bikes apparently sponsored across many classes....I looked around and remembered this thread and was surprised.

The Wellington shop is still going, as far as I know. More of that may have come from them?

I was in Red Baron half an hour ago. They are doing some cracking deals on gear if you are after some. 60% off all of it. They didn't have much left, a few off road helmets and gloves (wasn't what I was after so didn't check sizes). A few pairs of trousers and jeans. An odd assortment of higher priced (before the mark down) boots. If you are bigger they probably have pants or a jacket for you. Or if your are a women, they have a few pants and jackets in more common sizes. They had boots as well, almost all seemed to be size 12, with a 10.5.

HEsch
7th January 2019, 09:01
I believe they're closing their Auckland branch, as opposed to going out of business.

Friend just purchased an MV Augusta 800 Brutale. 10k off the original 27k sale price.

The Chosen One
5th February 2019, 11:38
I was one of the last to buy a Vespa off them. Outstanding service at the beginning but it deteriorated as the months went by. Towards end of 2018 the service was appalling but the staff were excellent.