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satanic

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About satanic

  • Birthday 28/09/1985

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  • Website URL
    http://satan.p5.org.uk

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  • Location
    Sydney; Northern Beaches

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  • Car(s)
    Skyline R34 GT-T
  • Real Name
    Stan

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  1. Yep sorry it's been SOLD, went to a guy in the US last year for more or less the asking price.
  2. Thanks. Due to a recent resurgence in interest, I've taken another look at what's available on the market... there's a grand total of 1 going on ebay for 640GBP which is well over $1k, another forum post suggests 120,000 JPY is not uncommon on Yahoo JP if and when these come up. I can't seem to update my original post but the price is now $800... expensive for a blank key yes, cheap for a true collectors item and one of the few things that will continue to go up in value if left un-touched. As such, in absolutely no rush to sell
  3. Yep... Just dusted it off the other day, these should be as rare as world peace these days, will need to see how many (if any) are still for sale and for what price.
  4. It's been AGES since I've last come onto these forums, but I figured this would be the place if any to put this up... Clearing out my storage boxes, I found my brand new blank Nismo Design Key that I bought from the Nismo Omori Factory in Japan about 10 years ago. It's completely un-touched, and ready for cutting. Those who have been looking for one will know how hard these are to find, even more so in a blank, un-cut state. I have no idea what it's worth today, but using a similar listing on eBay (where they are asking for $680), I'll put mine up here for $500 neg. In no rush whatsoever to get rid of it, so don't waste your time with low-ball offers... It's been a while since I've visited SAU, but if you look at my post & thread history, you'll see I was a very active member (NSW Exec at one stage). PM / Email ([email protected])
  5. Not good news for a Friday morning - a sad loss of life regardless of the circumstances; RIP!
  6. I own that R34 in the magazine... and yes the box is good for 500rwhp
  7. Mmm OK then... good luck with it
  8. You're right... I've got my mind fixed on the office; completely forgot about the 'risk' factor in other jobs. Not much of a 'risk' working in an office you know I still don't believe that it is quite THAT easy to justify the 'contractor' reasons. Even though you can argue "now" that people are there to carry out indefinite tasks; I think upon closer observation (i.e. an audit), you'll become unstuck. If being classified as a contractor was that easy, everyone would do it. Why not? Set yourself up as a business, land yourself a high paying job, and save heaps on tax and enable most/all deductions under the sun. For anyone who thinks they can legally dodge the system through some 'skewed interpretation' of the law, you are mistaken. It would be interesting to see how many of the respondents here actually work/specialize in this field. If I'm not mistaken there's only 2.
  9. That figure for on-costs is way too high...
  10. I think you're confusing the term contractor and how it relates to the initial question. This link here will offer a better overview: http://www.ato.gov.au/businesses/content.a...ontent/4540.htm In a nutshell, a contractor relation in its truest form will only exist if that person cannot otherwise be confused with any other employee within that organization. In your industry you take on "subbies" and that is fine; but these "subbies" are there to satisfy a particular need or complete a particular task. Once that is finished, they are out of there. Moreover, if Joe Blogs is sick on Monday - he may send John Smith to do the job as John is part of XYZ Pty Ltd. Concurrent to your job, XYZ Pty Ltd may also have several other jobs going on as part of their normal course of business - this is why Joe Blogs / John Smith can be classified as a contractor. On the other hand, if Joe Blogs / John Smith were to rock up to your factory Monday to Friday just like everyone else, on an indefinite contract and treated the same as everyone else there... that is another matter.
  11. Basically they will lodge your "income" as the bare minimum so that there are still some salary expenses on their books, however through close scrutiny of the employment laws, you will not be offered any of the usual benefits. Example: On the books you get $400 a month; but off the books you get $2K cash in hand. The employer then has no obligation to pay superannuation as it is under the $450 threshold per month before it's applicable, nor will there be any PAYG payable as your reportable income is so low. Payroll tax is a non-issue, as a company who engages in this will probably not be anywhere near the $600K or so required. What this means for you... * If you get injured at work, you will not be covered and you'll have to take the employer to court * If you want to get a loan, you won't have much luck as you won't have any official "income" to show * If you start getting fancy with your financials, chances are you'll get audited by the ATO Even though all things point to the employer breaking the law, it works both ways. Say you engaged in such employment for many years and finally something came unstuck. Chances are, you'll be liable for tax evasion as you did not report that income when filing your returns. Saying you have a dodgey employer is not an excuse. Back onto the employer side, the "contractor" excuse is not valid for the fact everything you do points to you being an employee. The laws have tightened around this and simple tests surrounding principle sources of income, time spent on 'contract', etc will quickly make you an employee, not a contractor. As Duncan said, the only real upside to being paid cash is the fact you will have a job... for the likes of working travelers, minors - they may simply not care about the protections offered otherwise.
  12. You'll find that it's not 100% cash-in-hand; the mix would most probably be something which would look ridiculously low on the books, but still register as an 'expense'. Employers do it to save on related on-costs such as Superannuation; which in turn helps cash flow etc. Employees do it because it's tax-free income; great for those with 2 or 3 jobs. You'll also find that this scenario is really only doable in a small, cash-based system where many things can go 'off the books' and aren't scrutinized as much (if at all). You'll never see this in a large company as the extra costs with having things "on the books" is all deductible.
  13. I've got 2 spare, shoot me an offer.
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