• Price of a Ford Ranger $200,000?

    From Gordon@21:1/5 to All on Thu May 22 04:58:55 2025
    "For example, if Farmer Joe buys a new $200,000 Ford Ranger. With the new 'Investment Boost' policy, Farmer Joe can claim $40,000 as a tax expense,
    and another $16,800 of depreciation on the remaining 80%."

    https://www.stuff.co.nz/nz-news/360698449/budget-2025-bit-bitsy-here-are-best-bits

    The quoted cost elsewhere is a mere $90,000 with $10 change for the Raptor.

    Really Stuff you are stretching things. Oh wait this is what you you do.

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From Crash@21:1/5 to Gordon on Thu May 22 21:03:50 2025
    On 22 May 2025 04:58:55 GMT, Gordon <Gordon@leaf.net.nz> wrote:

    "For example, if Farmer Joe buys a new $200,000 Ford Ranger. With the new >'Investment Boost' policy, Farmer Joe can claim $40,000 as a tax expense,
    and another $16,800 of depreciation on the remaining 80%."

    https://www.stuff.co.nz/nz-news/360698449/budget-2025-bit-bitsy-here-are-best-bits

    The quoted cost elsewhere is a mere $90,000 with $10 change for the Raptor.

    Really Stuff you are stretching things. Oh wait this is what you you do.

    Correct. There are no 200K Ford Rangers, and even if there were the
    Farmer had to shell out the 200K for the rebate - so the $56,000 claim
    is only against tax liability - it does not go into the Farmer's
    pocket.

    These are the dickheads that thought Vance's article on c**ts was all
    good.


    --
    Crash McBash

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From Rich80105@21:1/5 to All on Thu May 22 22:21:29 2025
    On Thu, 22 May 2025 21:03:50 +1200, Crash <nogood@dontbother.invalid>
    wrote:

    On 22 May 2025 04:58:55 GMT, Gordon <Gordon@leaf.net.nz> wrote:

    "For example, if Farmer Joe buys a new $200,000 Ford Ranger. With the new >>'Investment Boost' policy, Farmer Joe can claim $40,000 as a tax expense, >>and another $16,800 of depreciation on the remaining 80%."
    https://www.stuff.co.nz/nz-news/360698449/budget-2025-bit-bitsy-here-are-best-bits

    The quoted cost elsewhere is a mere $90,000 with $10 change for the Raptor. >>
    Really Stuff you are stretching things. Oh wait this is what you you do.

    Correct. There are no 200K Ford Rangers, and even if there were the
    Farmer had to shell out the 200K for the rebate - so the $56,000 claim
    is only against tax liability - it does not go into the Farmer's
    pocket.
    It reduces tax that he would otherwise have to pay - it will affect
    his pocket sooner than under normal depreciation rules, which may have
    taken some time to add up to 20% of the purchase price. Perhaps Farmer
    Joe is going to invest in two new vehicles . . .

    These are the dickheads that thought Vance's article on c**ts was all
    good.
    It does appear to be a word that was acceptable to an ACT Party
    Minister in the government - nobody objected to her use of the word so
    what was the problem? After all, the ACT Party are now known as the
    party that saved the budget by reducing the cost of paying women the
    same as men for equivalent jobs by $12.8 billion over three years.
    What would Nicola Willis have done without that little bit of behind
    the scenes work? Who cares about how women vote anyway?

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From Tony@21:1/5 to Rich80105@hotmail.com on Thu May 22 20:47:41 2025
    Rich80105 <Rich80105@hotmail.com> wrote:
    On Thu, 22 May 2025 21:03:50 +1200, Crash <nogood@dontbother.invalid>
    wrote:

    On 22 May 2025 04:58:55 GMT, Gordon <Gordon@leaf.net.nz> wrote:

    "For example, if Farmer Joe buys a new $200,000 Ford Ranger. With the new >>>'Investment Boost' policy, Farmer Joe can claim $40,000 as a tax expense, >>>and another $16,800 of depreciation on the remaining 80%."
    https://www.stuff.co.nz/nz-news/360698449/budget-2025-bit-bitsy-here-are-best-bits

    The quoted cost elsewhere is a mere $90,000 with $10 change for the Raptor. >>>
    Really Stuff you are stretching things. Oh wait this is what you you do.

    Correct. There are no 200K Ford Rangers, and even if there were the
    Farmer had to shell out the 200K for the rebate - so the $56,000 claim
    is only against tax liability - it does not go into the Farmer's
    pocket.
    It reduces tax that he would otherwise have to pay - it will affect
    his pocket sooner than under normal depreciation rules, which may have
    taken some time to add up to 20% of the purchase price. Perhaps Farmer
    Joe is going to invest in two new vehicles . . .

    These are the dickheads that thought Vance's article on c**ts was all
    good.
    It does appear to be a word that was acceptable to an ACT Party
    Minister in the government - nobody objected to her use of the word so
    what was the problem?
    You know what the problem was, but you are too dishonest to say so. Vance started it, Vance was abusive, you supported that.
    After all, the ACT Party are now known as the
    party that saved the budget by reducing the cost of paying women the
    same as men for equivalent jobs by $12.8 billion over three years.
    That is a lie.
    What would Nicola Willis have done without that little bit of behind
    the scenes work? Who cares about how women vote anyway?
    Well done, we knew that was the way you think, your admission is a good start.

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From Crash@21:1/5 to lizandtony@orcon.net.nz on Fri May 23 10:47:18 2025
    On Thu, 22 May 2025 20:47:41 -0000 (UTC), Tony
    <lizandtony@orcon.net.nz> wrote:

    Rich80105 <Rich80105@hotmail.com> wrote:
    On Thu, 22 May 2025 21:03:50 +1200, Crash <nogood@dontbother.invalid> >>wrote:

    On 22 May 2025 04:58:55 GMT, Gordon <Gordon@leaf.net.nz> wrote:

    "For example, if Farmer Joe buys a new $200,000 Ford Ranger. With the new >>>>'Investment Boost' policy, Farmer Joe can claim $40,000 as a tax expense, >>>>and another $16,800 of depreciation on the remaining 80%."
    https://www.stuff.co.nz/nz-news/360698449/budget-2025-bit-bitsy-here-are-best-bits

    The quoted cost elsewhere is a mere $90,000 with $10 change for the Raptor. >>>>
    Really Stuff you are stretching things. Oh wait this is what you you do. >>>
    Correct. There are no 200K Ford Rangers, and even if there were the >>>Farmer had to shell out the 200K for the rebate - so the $56,000 claim
    is only against tax liability - it does not go into the Farmer's
    pocket.
    It reduces tax that he would otherwise have to pay - it will affect
    his pocket sooner than under normal depreciation rules, which may have >>taken some time to add up to 20% of the purchase price. Perhaps Farmer
    Joe is going to invest in two new vehicles . . .

    These are the dickheads that thought Vance's article on c**ts was all >>>good.
    It does appear to be a word that was acceptable to an ACT Party
    Minister in the government - nobody objected to her use of the word so
    what was the problem?
    You know what the problem was, but you are too dishonest to say so. Vance >started it, Vance was abusive, you supported that.
    After all, the ACT Party are now known as the
    party that saved the budget by reducing the cost of paying women the
    same as men for equivalent jobs by $12.8 billion over three years.
    That is a lie.
    What would Nicola Willis have done without that little bit of behind
    the scenes work? Who cares about how women vote anyway?
    Well done, we knew that was the way you think, your admission is a good start.

    Assertions such as this reveal Rich's thinking and inability to
    separate fact from fantasy. Political rhetoric is all he has.


    --
    Crash McBash

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From Crash@21:1/5 to All on Fri May 23 10:44:26 2025
    On Thu, 22 May 2025 22:21:29 +1200, Rich80105 <Rich80105@hotmail.com>
    wrote:

    On Thu, 22 May 2025 21:03:50 +1200, Crash <nogood@dontbother.invalid>
    wrote:

    On 22 May 2025 04:58:55 GMT, Gordon <Gordon@leaf.net.nz> wrote:

    "For example, if Farmer Joe buys a new $200,000 Ford Ranger. With the new >>>'Investment Boost' policy, Farmer Joe can claim $40,000 as a tax expense, >>>and another $16,800 of depreciation on the remaining 80%."
    https://www.stuff.co.nz/nz-news/360698449/budget-2025-bit-bitsy-here-are-best-bits

    The quoted cost elsewhere is a mere $90,000 with $10 change for the Raptor. >>>
    Really Stuff you are stretching things. Oh wait this is what you you do.

    Correct. There are no 200K Ford Rangers, and even if there were the
    Farmer had to shell out the 200K for the rebate - so the $56,000 claim
    is only against tax liability - it does not go into the Farmer's
    pocket.
    It reduces tax that he would otherwise have to pay

    Incorrect. It allows a greater depreciation in the first year, that
    currently is claimed in the second year and later. There is no
    reduction in taxes.

    - it will affect
    his pocket sooner than under normal depreciation rules, which may have
    taken some time to add up to 20% of the purchase price. Perhaps Farmer
    Joe is going to invest in two new vehicles . . .

    These are the dickheads that thought Vance's article on c**ts was all
    good.
    It does appear to be a word that was acceptable to an ACT Party
    Minister in the government - nobody objected to her use of the word so
    what was the problem? After all, the ACT Party are now known as the
    party that saved the budget by reducing the cost of paying women the
    same as men for equivalent jobs by $12.8 billion over three years.
    What would Nicola Willis have done without that little bit of behind
    the scenes work? Who cares about how women vote anyway?


    --
    Crash McBash

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From Tony@21:1/5 to Rich80105@hotmail.com on Fri May 23 00:51:25 2025
    Rich80105 <Rich80105@hotmail.com> wrote:
    On Fri, 23 May 2025 10:47:18 +1200, Crash <nogood@dontbother.invalid>
    wrote:

    On Thu, 22 May 2025 20:47:41 -0000 (UTC), Tony
    <lizandtony@orcon.net.nz> wrote:

    Rich80105 <Rich80105@hotmail.com> wrote:
    On Thu, 22 May 2025 21:03:50 +1200, Crash <nogood@dontbother.invalid> >>>>wrote:

    On 22 May 2025 04:58:55 GMT, Gordon <Gordon@leaf.net.nz> wrote:

    "For example, if Farmer Joe buys a new $200,000 Ford Ranger. With the new >>>>>>'Investment Boost' policy, Farmer Joe can claim $40,000 as a tax expense, >>>>>>and another $16,800 of depreciation on the remaining 80%."
    https://www.stuff.co.nz/nz-news/360698449/budget-2025-bit-bitsy-here-are-best-bits

    The quoted cost elsewhere is a mere $90,000 with $10 change for the >>>>>>Raptor.

    Really Stuff you are stretching things. Oh wait this is what you you do. >>>>>
    Correct. There are no 200K Ford Rangers, and even if there were the >>>>>Farmer had to shell out the 200K for the rebate - so the $56,000 claim >>>>>is only against tax liability - it does not go into the Farmer's >>>>>pocket.
    It reduces tax that he would otherwise have to pay - it will affect
    his pocket sooner than under normal depreciation rules, which may have >>>>taken some time to add up to 20% of the purchase price. Perhaps Farmer >>>>Joe is going to invest in two new vehicles . . .

    These are the dickheads that thought Vance's article on c**ts was all >>>>>good.
    It does appear to be a word that was acceptable to an ACT Party >>>>Minister in the government - nobody objected to her use of the word so >>>>what was the problem?
    You know what the problem was, but you are too dishonest to say so. Vance >>>started it, Vance was abusive, you supported that.
    After all, the ACT Party are now known as the
    party that saved the budget by reducing the cost of paying women the >>>>same as men for equivalent jobs by $12.8 billion over three years.
    That is a lie.
    What would Nicola Willis have done without that little bit of behind >>>>the scenes work? Who cares about how women vote anyway?
    Well done, we knew that was the way you think, your admission is a good >>>start.
    I care about how women vote, but it seems that Nicola Willis had to
    sacrifice that issue as a result of other decisions the government had
    made - the tax reductions to landlords for example . . . .
    She didn't make that decision, you really are naive if you thnk otherwise.

    Assertions such as this reveal Rich's thinking and inability to
    separate fact from fantasy. Political rhetoric is all he has.
    The budget is largely driven by political decisions made since the
    current government was elected - the tax reduction for landlords, the
    ferry cancellation being two large decisions, but many reductions in
    spending have come back to bite them - health being a major issue
    where the perception is that the government has made problems worse. .
    For which there is no evidence.

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From Rich80105@21:1/5 to All on Fri May 23 12:16:22 2025
    On Fri, 23 May 2025 10:44:26 +1200, Crash <nogood@dontbother.invalid>
    wrote:

    On Thu, 22 May 2025 22:21:29 +1200, Rich80105 <Rich80105@hotmail.com>
    wrote:

    On Thu, 22 May 2025 21:03:50 +1200, Crash <nogood@dontbother.invalid> >>wrote:

    On 22 May 2025 04:58:55 GMT, Gordon <Gordon@leaf.net.nz> wrote:

    "For example, if Farmer Joe buys a new $200,000 Ford Ranger. With the new >>>>'Investment Boost' policy, Farmer Joe can claim $40,000 as a tax expense, >>>>and another $16,800 of depreciation on the remaining 80%."
    https://www.stuff.co.nz/nz-news/360698449/budget-2025-bit-bitsy-here-are-best-bits

    The quoted cost elsewhere is a mere $90,000 with $10 change for the Raptor. >>>>
    Really Stuff you are stretching things. Oh wait this is what you you do. >>>
    Correct. There are no 200K Ford Rangers, and even if there were the >>>Farmer had to shell out the 200K for the rebate - so the $56,000 claim
    is only against tax liability - it does not go into the Farmer's
    pocket.
    It reduces tax that he would otherwise have to pay

    Incorrect. It allows a greater depreciation in the first year, that >currently is claimed in the second year and later. There is no
    reduction in taxes.
    Perhaps you could explain that a little more, Crash. I was under the
    impression that it reduced profit for the period - and therefore
    reduced company profit. Could you explain what actually happens?

    - it will affect
    his pocket sooner than under normal depreciation rules, which may have >>taken some time to add up to 20% of the purchase price. Perhaps Farmer
    Joe is going to invest in two new vehicles . . .

    These are the dickheads that thought Vance's article on c**ts was all >>>good.
    It does appear to be a word that was acceptable to an ACT Party
    Minister in the government - nobody objected to her use of the word so
    what was the problem? After all, the ACT Party are now known as the
    party that saved the budget by reducing the cost of paying women the
    same as men for equivalent jobs by $12.8 billion over three years.
    What would Nicola Willis have done without that little bit of behind
    the scenes work? Who cares about how women vote anyway?

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From Rich80105@21:1/5 to All on Fri May 23 12:22:50 2025
    On Fri, 23 May 2025 10:47:18 +1200, Crash <nogood@dontbother.invalid>
    wrote:

    On Thu, 22 May 2025 20:47:41 -0000 (UTC), Tony
    <lizandtony@orcon.net.nz> wrote:

    Rich80105 <Rich80105@hotmail.com> wrote:
    On Thu, 22 May 2025 21:03:50 +1200, Crash <nogood@dontbother.invalid> >>>wrote:

    On 22 May 2025 04:58:55 GMT, Gordon <Gordon@leaf.net.nz> wrote:

    "For example, if Farmer Joe buys a new $200,000 Ford Ranger. With the new >>>>>'Investment Boost' policy, Farmer Joe can claim $40,000 as a tax expense, >>>>>and another $16,800 of depreciation on the remaining 80%."
    https://www.stuff.co.nz/nz-news/360698449/budget-2025-bit-bitsy-here-are-best-bits

    The quoted cost elsewhere is a mere $90,000 with $10 change for the Raptor.

    Really Stuff you are stretching things. Oh wait this is what you you do. >>>>
    Correct. There are no 200K Ford Rangers, and even if there were the >>>>Farmer had to shell out the 200K for the rebate - so the $56,000 claim >>>>is only against tax liability - it does not go into the Farmer's >>>>pocket.
    It reduces tax that he would otherwise have to pay - it will affect
    his pocket sooner than under normal depreciation rules, which may have >>>taken some time to add up to 20% of the purchase price. Perhaps Farmer >>>Joe is going to invest in two new vehicles . . .

    These are the dickheads that thought Vance's article on c**ts was all >>>>good.
    It does appear to be a word that was acceptable to an ACT Party
    Minister in the government - nobody objected to her use of the word so >>>what was the problem?
    You know what the problem was, but you are too dishonest to say so. Vance >>started it, Vance was abusive, you supported that.
    After all, the ACT Party are now known as the
    party that saved the budget by reducing the cost of paying women the
    same as men for equivalent jobs by $12.8 billion over three years.
    That is a lie.
    What would Nicola Willis have done without that little bit of behind
    the scenes work? Who cares about how women vote anyway?
    Well done, we knew that was the way you think, your admission is a good start.
    I care about how women vote, but it seems that Nicola Willis had to
    sacrifice that issue as a result of other decisions the government had
    made - the tax reductions to landlords for example . . . .

    Assertions such as this reveal Rich's thinking and inability to
    separate fact from fantasy. Political rhetoric is all he has.
    The budget is largely driven by political decisions made since the
    current government was elected - the tax reduction for landlords, the
    ferry cancellation being two large decisions, but many reductions in
    spending have come back to bite them - health being a major issue
    where the perception is that the government has made problems worse. .

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From Crash@21:1/5 to All on Sat May 24 13:23:56 2025
    On Fri, 23 May 2025 12:16:22 +1200, Rich80105 <Rich80105@hotmail.com>
    wrote:

    On Fri, 23 May 2025 10:44:26 +1200, Crash <nogood@dontbother.invalid>
    wrote:

    On Thu, 22 May 2025 22:21:29 +1200, Rich80105 <Rich80105@hotmail.com> >>wrote:

    On Thu, 22 May 2025 21:03:50 +1200, Crash <nogood@dontbother.invalid> >>>wrote:

    On 22 May 2025 04:58:55 GMT, Gordon <Gordon@leaf.net.nz> wrote:

    "For example, if Farmer Joe buys a new $200,000 Ford Ranger. With the new >>>>>'Investment Boost' policy, Farmer Joe can claim $40,000 as a tax expense, >>>>>and another $16,800 of depreciation on the remaining 80%."
    https://www.stuff.co.nz/nz-news/360698449/budget-2025-bit-bitsy-here-are-best-bits

    The quoted cost elsewhere is a mere $90,000 with $10 change for the Raptor.

    Really Stuff you are stretching things. Oh wait this is what you you do. >>>>
    Correct. There are no 200K Ford Rangers, and even if there were the >>>>Farmer had to shell out the 200K for the rebate - so the $56,000 claim >>>>is only against tax liability - it does not go into the Farmer's >>>>pocket.
    It reduces tax that he would otherwise have to pay

    Incorrect. It allows a greater depreciation in the first year, that >>currently is claimed in the second year and later. There is no
    reduction in taxes.
    Perhaps you could explain that a little more, Crash. I was under the >impression that it reduced profit for the period - and therefore
    reduced company profit. Could you explain what actually happens?

    Companies can claim additional depreciation as a tax-deductible
    expense on assets purchased, in the year they were purchased. However
    it reduces depreciation claimable in subsequent years.

    Fully explained (together with an example) here:

    https://budget.govt.nz/budget/pdfs/releases/l25a-factsheet-investment-boost.pdf

    - it will affect
    his pocket sooner than under normal depreciation rules, which may have >>>taken some time to add up to 20% of the purchase price. Perhaps Farmer >>>Joe is going to invest in two new vehicles . . .

    These are the dickheads that thought Vance's article on c**ts was all >>>>good.
    It does appear to be a word that was acceptable to an ACT Party
    Minister in the government - nobody objected to her use of the word so >>>what was the problem? After all, the ACT Party are now known as the
    party that saved the budget by reducing the cost of paying women the
    same as men for equivalent jobs by $12.8 billion over three years.
    What would Nicola Willis have done without that little bit of behind
    the scenes work? Who cares about how women vote anyway?


    --
    Crash McBash

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From Rich80105@21:1/5 to All on Sat May 24 14:15:50 2025
    On Sat, 24 May 2025 13:23:56 +1200, Crash <nogood@dontbother.invalid>
    wrote:

    On Fri, 23 May 2025 12:16:22 +1200, Rich80105 <Rich80105@hotmail.com>
    wrote:

    On Fri, 23 May 2025 10:44:26 +1200, Crash <nogood@dontbother.invalid> >>wrote:

    On Thu, 22 May 2025 22:21:29 +1200, Rich80105 <Rich80105@hotmail.com> >>>wrote:

    On Thu, 22 May 2025 21:03:50 +1200, Crash <nogood@dontbother.invalid> >>>>wrote:

    On 22 May 2025 04:58:55 GMT, Gordon <Gordon@leaf.net.nz> wrote:

    "For example, if Farmer Joe buys a new $200,000 Ford Ranger. With the new >>>>>>'Investment Boost' policy, Farmer Joe can claim $40,000 as a tax expense, >>>>>>and another $16,800 of depreciation on the remaining 80%."
    https://www.stuff.co.nz/nz-news/360698449/budget-2025-bit-bitsy-here-are-best-bits

    The quoted cost elsewhere is a mere $90,000 with $10 change for the Raptor.

    Really Stuff you are stretching things. Oh wait this is what you you do. >>>>>
    Correct. There are no 200K Ford Rangers, and even if there were the >>>>>Farmer had to shell out the 200K for the rebate - so the $56,000 claim >>>>>is only against tax liability - it does not go into the Farmer's >>>>>pocket.
    It reduces tax that he would otherwise have to pay

    Incorrect. It allows a greater depreciation in the first year, that >>>currently is claimed in the second year and later. There is no
    reduction in taxes.
    Perhaps you could explain that a little more, Crash. I was under the >>impression that it reduced profit for the period - and therefore
    reduced company profit. Could you explain what actually happens?

    Companies can claim additional depreciation as a tax-deductible
    expense on assets purchased, in the year they were purchased. However
    it reduces depreciation claimable in subsequent years.
    Thank you Crash, you confirm my understanding that it reduces tax for
    the period. That is the benefit, and why it is being welcomed. There
    is a time value of money - even in a short period this may make a
    difference that keeps a business going from one year to the next.

    We were both correct in context, but yours is a more complete
    explanation which confirms my understanding.

    Fully explained (together with an example) here:

    https://budget.govt.nz/budget/pdfs/releases/l25a-factsheet-investment-boost.pdf

    - it will affect
    his pocket sooner than under normal depreciation rules, which may have >>>>taken some time to add up to 20% of the purchase price. Perhaps Farmer >>>>Joe is going to invest in two new vehicles . . .

    These are the dickheads that thought Vance's article on c**ts was all >>>>>good.
    It does appear to be a word that was acceptable to an ACT Party >>>>Minister in the government - nobody objected to her use of the word so >>>>what was the problem? After all, the ACT Party are now known as the >>>>party that saved the budget by reducing the cost of paying women the >>>>same as men for equivalent jobs by $12.8 billion over three years.
    What would Nicola Willis have done without that little bit of behind >>>>the scenes work? Who cares about how women vote anyway?

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)