Go Back  PPRuNe Forums > PPRuNe Worldwide > The Pacific: General Aviation & Questions
Reload this Page >

ATO targeting people with "Private Planes"

The Pacific: General Aviation & Questions The place for students, instructors and charter guys in Oz, NZ and the rest of Oceania.

ATO targeting people with "Private Planes"

Old 18th Dec 2019, 12:44
  #21 (permalink)  
 
Join Date: Mar 2008
Location: Richmond NSW
Posts: 1,321
Likes: 0
Received 0 Likes on 0 Posts
Looks like ScoMo and his mates want another surplus next year.
gerry111 is offline  
Old 18th Dec 2019, 19:25
  #22 (permalink)  
 
Join Date: Jul 2010
Location: sydney
Posts: 1,467
Likes: 0
Received 0 Likes on 0 Posts
"Never mind Part 91 and 135 will save GA"

Part 91 and 135 are simply the nails for GA's coffin.

Trouble is, after pissing away half a billion bucks to kill us they wouldn't even provide a decent coffin.
Our coffin is made of inappropriate paper, nails not appropriate, glue would be better.
Carmody touts the end of the "Reform" program after thirty years.
He would have been more truthful announcing the end of the scourge of General Aviation.
thorn bird is offline  
Old 18th Dec 2019, 20:23
  #23 (permalink)  
 
Join Date: Aug 2007
Location: Australia
Age: 80
Posts: 245
Likes: 0
Received 0 Likes on 0 Posts
Santa

Next thing you know the ATO will be after this bloke to tax his means of transport.
As can be seen Santa does not regard the ATO very highly as most people don't either !!!


RodH is offline  
Old 18th Dec 2019, 20:44
  #24 (permalink)  
 
Join Date: Aug 2007
Location: Australia
Age: 80
Posts: 245
Likes: 0
Received 0 Likes on 0 Posts
Would have looked better with a larger image but I don't know how to do it!
RodH is offline  
Old 18th Dec 2019, 21:28
  #25 (permalink)  
 
Join Date: Aug 2004
Location: moon
Posts: 3,466
Likes: 0
Received 0 Likes on 0 Posts
The ATO would be better advised to target owners of American Dodge Ram utilities along with a caravan or speedboat. The number of tradies with a Dodge Ram and a $100,000 caravan or wakeboard boat - total rig $150,000 - $200,000 + around here is just eye watering.

But such is the downside of Australian culture that they aren’t labelled as silvertails like aircraft owners.
Sunfish is online now  
Old 18th Dec 2019, 21:54
  #26 (permalink)  
 
Join Date: Jun 2001
Location: sierra village
Posts: 508
Likes: 0
Received 0 Likes on 0 Posts
I suspect this little fishing expedition by the ATO will flush out those in the grey cash only economy and of course those in the non-pharmaceutical drug industry.

Its not (yet) a crime to own a yacht, plane or Ferrari. Not so sure this publicity stunt by the ATO is anything to get excited about.

ps... totally concur with everyone’s sentiments about governments incinerating our tax dollars... but that’s a whole seperate issue.
lucille is offline  
Old 18th Dec 2019, 22:23
  #27 (permalink)  
 
Join Date: Sep 2009
Location: In a house
Posts: 402
Likes: 0
Received 0 Likes on 0 Posts
If you had any of those things and they were worth that type of money, you’d be crazy to have it registered to you personally.

Companies, trusts, etc. You don’t get rich or stay rich by paying lots of tax.
Blueskymine is offline  
Old 18th Dec 2019, 22:34
  #28 (permalink)  
 
Join Date: Aug 2019
Location: Straya
Posts: 75
Likes: 0
Received 0 Likes on 0 Posts
Originally Posted by Sunfish View Post


But such is the downside of Australian culture that they aren’t labelled as silvertails like aircraft owners.
Let’s face it, the death of Australian culture began the very moment the transgender lobby and feminists united to stop schoolboys taking their firearms on public transport.
Flaming galah is offline  
Old 18th Dec 2019, 22:37
  #29 (permalink)  
 
Join Date: Apr 2005
Location: Melbourne
Posts: 3,351
Likes: 0
Received 0 Likes on 0 Posts
Some years back the ATO requested the registration register from RA-Aus because owners were hiding behind their confidentiality clause on the regos. Apparently a number of “pensioners” were getting around in $100k+ aircraft.

An aircraft owner mate told me years ago that on the pension form it says words to the effect of “do you own any assets such as a caravan or boat” and he said he didn’t mention it because aircraft was not on the form.
Squawk7700 is online now  
Old 19th Dec 2019, 00:20
  #30 (permalink)  
601
 
Join Date: Mar 1999
Location: Brisbane, Qld, Australia
Age: 76
Posts: 1,380
Likes: 0
Received 0 Likes on 0 Posts
Companies like Amazon and Google got too smart and now have to pay.
and the favourite of the people who complain the most about large companies - Apple
601 is offline  
Old 19th Dec 2019, 03:32
  #31 (permalink)  
 
Join Date: Dec 2003
Location: awstrukinfailure
Posts: 85
Likes: 0
Received 0 Likes on 0 Posts
Originally Posted by Sunfish View Post
The ATO would be better advised to target owners of American Dodge Ram utilities along with a caravan or speedboat. The number of tradies with a Dodge Ram and a $100,000 caravan or wakeboard boat - total rig $150,000 - $200,000 + around here is just eye watering.

But such is the downside of Australian culture that they aren’t labelled as silvertails like aircraft owners.
Perhaps a little closer examination of the audit parameters is called for. Any motor vehicle over the luxury car tax threshold gets their attention. So effectively every Dodge RAM transaction would be on their radar (quite apart from the FBT also).
plainmaker is offline  
Old 19th Dec 2019, 04:38
  #32 (permalink)  
 
Join Date: Feb 2008
Location: Australia
Posts: 65
Likes: 0
Received 0 Likes on 0 Posts
There is a book/pdf available called "The essential underground handbook"
This explains all the ways the rich keep their money in safe places and far away from the prying eyes of tax inspectors, governments and any other nosey parker.

Well worth a read.
Sorry can't post a link.
Lantern10 is online now  
Old 19th Dec 2019, 09:33
  #33 (permalink)  
 
Join Date: Jun 2001
Location: sierra village
Posts: 508
Likes: 0
Received 0 Likes on 0 Posts
Originally Posted by Lantern10 View Post
There is a book/pdf available called "The essential underground handbook"
This explains all the ways the rich keep their money in safe places and far away from the prying eyes of tax inspectors, governments and any other nosey parker.

Well worth a read.
Sorry can't post a link.

Cant post a link? FFS... here we are salivating for this information.. at least give us a teeny clue.
lucille is offline  
Old 19th Dec 2019, 14:21
  #34 (permalink)  
 
Join Date: Sep 2006
Location: Inside the Industry
Posts: 876
Received 0 Likes on 0 Posts
If you had any of those things and they were worth that type of money, you’d be crazy to have it registered to you personally.
That's the best way to do it, then lease it to your company at a profit to you personally.
industry insider is offline  
Old 19th Dec 2019, 15:49
  #35 (permalink)  
 
Join Date: Sep 2006
Location: 59°09N 002°38W (IATA: SOY, ICAO: EGER)
Age: 79
Posts: 812
Likes: 0
Received 0 Likes on 0 Posts
Essential underground handbook
ricardian is offline  
Old 19th Dec 2019, 23:39
  #36 (permalink)  
 
Join Date: Dec 2017
Location: Yakima
Posts: 257
Likes: 0
Received 0 Likes on 0 Posts
Originally Posted by ricardian View Post
You beat me to it!!!!

http://index-of.co.uk/Tutorials-2/Es...ublishing).pdf
Winemaker is offline  
Old 20th Dec 2019, 00:36
  #37 (permalink)  
 
Join Date: Jul 2010
Location: Asia
Posts: 1,390
Likes: 0
Received 0 Likes on 0 Posts
In the USA, the tax authorities even look at magazine subscription lists to find undeclared income. Someone filing a $60 000 return and reading about yachts, luxury travel or something indicating expensive tastes would likely get looked at.
krismiler is offline  
Old 20th Dec 2019, 04:31
  #38 (permalink)  
 
Join Date: Jul 2003
Location: Somewhere
Posts: 2,883
Likes: 0
Received 0 Likes on 0 Posts
The ATO would be better advised to target owners of American Dodge Ram utilities along with a caravan or speedboat. The number of tradies with a Dodge Ram and a $100,000 caravan or wakeboard boat - total rig $150,000 - $200,000 + around here is just eye watering.
Not to mention people who run the renovation materials through the Business tax free, do a nice flash reno, then sell the house tax free. Surely the ATO in this day and age can start looking at the house valuation vs the declared income.
neville_nobody is offline  
Old 21st Dec 2019, 01:59
  #39 (permalink)  
 
Join Date: Jun 2001
Location: sierra village
Posts: 508
Likes: 0
Received 0 Likes on 0 Posts
Originally Posted by ricardian View Post
Interesting reading but, I think, a bit dated and really better suited to our American cousins who enjoy significantly more individual liberties than we do here in Gulag Antipodes.
lucille is offline  

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off


Thread Tools
Search this Thread

Contact Us - Archive - Advertising - Cookie Policy - Privacy Statement - Terms of Service - Do Not Sell My Personal Information

Copyright © 2022 MH Sub I, LLC dba Internet Brands. All rights reserved. Use of this site indicates your consent to the Terms of Use.