Welcome to the Australian Ford Forums forum.

You are currently viewing our boards as a guest which gives you limited access to view most discussions and inserts advertising. By joining our free community you will have access to post topics, communicate privately with other members, respond to polls, upload content and access many other special features without post based advertising banners. Registration is simple and absolutely free so please, join our community today!

If you have any problems with the registration process or your account login, please contact us.

Please Note: All new registrations go through a manual approval queue to keep spammers out. This is checked twice each day so there will be a delay before your registration is activated.

Go Back   Australian Ford Forums > General Topics > The Pub

The Pub For General Automotive Related Talk

 
 
Thread Tools Display Modes
Prev Previous Post   Next Post Next
Old 29-07-2020, 01:01 PM   #11
sneaky
FF.Com.Au Hardcore
 
sneaky's Avatar
 
Join Date: Aug 2006
Location: Newcastle
Posts: 1,061
Default Re: Buying a Used car - Payment

Quote:
Originally Posted by Dr Terry View Post
Not just income, which really only applies to dealers, but to keep track of the 'black economy'.

There is a lot of cash out there of which the authorities (police & ATO) would love to know the origin.

Dr Terry

Quote:
Originally Posted by raised by monkeys
Only reason i ask is if sold my car and received cash on the weekend, i wouldnt report. For a car i paid for in cash which was taxed through employment income, and paid tax on products and services spent on the car in the time i owned it, and refuse to pay tax from the sale of the car.

I wonder if this could also be tied back to RMS/Vic roads data? you report a $20k deposit and write $10k sale price on RMS/Vic Roads so buyer pays less transfer price and lower 'tax'..

or am I giving the government agencies and banks too much credit for tracking these things
__________________
-Tim
sneaky is offline  
 


Forum Jump


All times are GMT +11. The time now is 04:18 AM.


Powered by vBulletin® Version 3.8.5
Copyright ©2000 - 2025, Jelsoft Enterprises Ltd.
Other than what is legally copyrighted by the respective owners, this site is copyright www.fordforums.com.au
Positive SSL