If Labour wins the election I'll have to pay my ACC levy

[bogan]

No, They are covered by ACC whilst they are using the diesel powered tractor so they pay the ACC levy via the diesel pump. Just like you now pay road user charges for using your petrol lawn mower, that would be fairer if it was ACC at least there is an ACC risk to mowing the lawns.

Scale is a bit different, equivalent road user kms for a lawn mowed is probably 5-10, equivalent road user kms for a paddock mowed with a tractor is going to be quite a bit more, and the farmer already pays ACC through the work or earners account. I beleive the system is basically already in place with farm/buisness registered vehicles able to claim GST back from fuel (I think, correct me if I'm wrong), so why not extend it to any type of buisness vehicle being exempt from a fuel ACC charge as they already pay through the work accounts?

edit, or is it devaluation that gets claimed back? I can't remember, but I know my parents have to do so many buisness related kms on their 'farm' BMW each year.

[BoristheBiter]

Scale is a bit different, equivalent road user kms for a lawn mowed is probably 5-10, equivalent road user kms for a paddock mowed with a tractor is going to be quite a bit more, and the farmer already pays ACC through the work or earners account. I beleive the system is basically already in place with farm/buisness registered vehicles able to claim GST back from fuel (I think, correct me if I'm wrong), so why not extend it to any type of buisness vehicle being exempt from a fuel ACC charge as they already pay through the work accounts?

edit, or is it devaluation that gets claimed back? I can't remember, but I know my parents have to do so many buisness related kms on their 'farm' BMW each year.

Cool so i will rego all my vehicles in the company and pay no ACC.
Actually i will only by petrol with my gas card for all other things (lawnmower, weed-eater, dirt bikes etc) and claim all that back as well.

[MSTRS:Me]

Cool so i will rego all my vehicles in the company and pay no ACC.
Actually i will only by petrol with my gas card for all other things (lawnmower, weed-eater, dirt bikes etc) and claim all that back as well.

This country was built on loopholes...

In actual fact though, business owners pay ACC on their profit AND on any vehicle they operate, just like private users do. Farm-only vehicles still need to be registered BUT there is no ACC component for them.

[bogan]

Cool so i will rego all my vehicles in the company and pay no ACC.
Actually i will only by petrol with my gas card for all other things (lawnmower, weed-eater, dirt bikes etc) and claim all that back as well.

Like you do now to claim GST and/or devaluation back right? The money would be about the same as either of those thing, so surely the motivation to milk the system is similar too?

[BoristheBiter]

This country was built on loopholes...

In actual fact though, business owners pay ACC on their profit AND on any vehicle they operate, just like private users do. Farm-only vehicles still need to be registered BUT there is no ACC component for them.

Hasn't it just.
ACC is based on the wages account not on profit.

Like you do now to claim GST and/or devaluation back right? The money would be about the same as either of those thing, so surely the motivation to milk the system is similar too?

yep, spot on. if the company owns it, all associated costs are deductible.

Depreciation can be claimed back but most is pretty negligible.

[Swoop]

BOATS...... shyt! the boat drinks fuel!!

Correct. Why should fuel include "road costs" when it is being used in a boat? The car that tows the boat needs to pay the road tax, but not the flippin' boat.

[bogan]

Even better then, do away will all ACC collection fees, and just pull whatever is required from tax. Give a bit less to all the beneficiaries who don't pay ACC anymore to compensate. Be a bit of other cost redistribution, but if that distribtion is good enough for tax, should be good enough for ACC.

[MSTRS:Me]

ACC is based on the wages account not on profit.

Ah - I neglected that distinction. A business owner might be a sole trader (like me) and I pay the stated levy per $100 on my profit. It matters not what I take in drawings/whatever.

Correct. Why should fuel include "road costs" when it is being used in a boat? The car that tows the boat needs to pay the road tax, but not the flippin' boat.

That is how it ued to be waaaay back. A boat owner could reclaim the road user tax part from the fuel he purchased for his boat. So of course, everyone then trundled down to the gassy with their boat tanks, got the rebate, and once home poured the fuel into their cars. Besides, a trailer being towed still has an effect on the road surface, so the rebate system was dropped.

Even better then, do away will all ACC collection fees, and just pull whatever is required from tax. Give a bit less to all the beneficiaries who don't pay ACC anymore to compensate. Be a bit of other cost redistribution, but if that distribtion is good enough for tax, should be good enough for ACC.

What? Noooooooooo....
Go back to how ACC was designed and set up?
It'd never fly.

[Banditbandit]

Correct. Why should fuel include "road costs" when it is being used in a boat? The car that tows the boat needs to pay the road tax, but not the flippin' boat.

True - but if we are talking taxes to fund ACC that seems fairer ... boaties have accidents too .. and claim acc for boat-related accidents .. but current only pay ACC through earner levies ...

No taxes at the pump on diesel - atm. But how hard would it be to simply include as is the case with petrol? The screams would start with farmers using diesel powered farm-only vehicles. There would have to be a system for them to claim back road user charges.
Just to illustrate to it is impossible to have a system to keeps everyone happy.

Ask your local chippie...

There's a system now .. I used to keep a log book for on-road/off-road work for my farm ute ... but if we are talking ACC then I was possibly more likely tro have an injury accident off road than on road .... so why make the distinction?

[BoristheBiter]

Ah - I neglected that distinction. A business owner might be a sole trader (like me) and I pay the stated levy per $100 on my profit. It matters not what I take in drawings/whatever.
.

we used to be like that (old man was sole trader) changed to company, way better, also protects your personal assets, also less tax.

[steve_t]

we used to be like that (old man was sole trader) changed to company, way better, also protects your personal assets, also less tax.

Companies don't really provide asset protection at all. Even Trusts are being contested these days