Vic Wasteland Thread - 15.0

[Birds]

Any prospective evo buyer should be concurrently considering their next vehicle

[Birds]

I was gonna put a bet on my footy team this weekend but they are only paying $1.90 lol I make more than that

[UNR33L]

Lol.

When I sold my GTR the guy came over from SA, and drove it back nek minit in a few months was back on carsales for 5k more than he bought it off me for.. not sure if he wanted to try and make money or realized it was a bit rusty.

[Mohsen]

Rusty like your trombone

[UNR33L]

Come at me tax return.. last year had to pay 2.5k with capital gains taxes on shares (comm bank, not 88e, do I claim a loss with 88e this year? )

Then it's intercooler time

[Leroy Peterson]

My pay has been super inconsistent this FY so should see a healthy return. Should cover the bill Havoc is going to foot me next week for the pulsar. One of those proper GTR-style, open-chequebook, ass-raping, "just get it done" type of operations.

(Though anything is cheaper than a $900 racepace catch can)

[Odium]

But I though the things happening now were my fault?

For the purposes of this story, yes, of course.

Never missed a beat when I had it. I would consider another evo TBH

I've got one if you're interested.

I'd let it go for a grand less than I bought it for... 'Mates Rates' and all that.

[Birds]

Come at me tax return.. last year had to pay 2.5k with capital gains taxes on shares (comm bank, not 88e, do I claim a loss with 88e this year? )

Then it's intercooler time

I'm due for capital gains. And yes, if you made a loss on shares then claim a capital loss so that it offsets future gains. You can carry forward the loss as long as you keep reporting it each year.

Sold my shares so I could write down a loss, will buy back in EOFY.

[Leroy Peterson]

Sold my shares so I could write down a loss, will buy back in EOFY.

Next year start your own charity foundation and funnel money into the local footy team?

Year after that start family trust and funnel money into that?

Stick it to the man, yo

[Odium]

Seems like a lot of work, all for a measly few cents x 10^8

Think I'll just find myself an old rich woman to marry.

Unrelated, does anyone know how to disguise the taste of arsenic? I'm asking for a friend.

[Birds]

Strychnine = fairly tasteless and odourless

I actually recall a story of someone who was being poisoned by their spouse, and because the doses were so low initially, they built up something of an immunity to the particular poison and by the end of it (think they actually survived) the dose they were receiving was enough to kill a horse.

[joeyjoejoejuniorshabadoo]

nek minit in a few months

u wot m9

For the purposes of this story, yes, of course.

I've got one if you're interested.

I'd let it go for a grand less than I bought it for... 'Mates Rates' and all that.

Oh HELL no... i know the previous owner

[UNR33L]

f**k me got this project to do at monash uni, gotta do a 1 hour video induction with interactive questions before I can start work on site :\ no skip button

Edited June 17, 2016 by UNR33L

[joeyjoejoejuniorshabadoo]

f**k me got this project to do at monash uni, gotta do a 1 hour video induction with interactive questions before I can start work on site :\ no skip button

#corporatelyf

#compliancetaim

[Leroy Peterson]

f**k me got this project to do at monash uni, gotta do a 1 hour video induction with interactive questions before I can start work on site :\ no skip button

pfft noob

just mute volume. go do something else, come back. repeat. if its a well-designed test you can flick back through previous slides.

[joeyjoejoejuniorshabadoo]

Sif you can do that. You will hve to read a page and then click on things to continue

[emts]

is it online...pay someone in india 5$ to do it

[Birds]

I know someone who outsourced their job to India, kept themselves on the payroll and basically passively/lazily worked it - IT related job so they didn't have to be onsite most of the time anyway. They got caught eventually though lol, those outgoing calls to and from Mumbai add up...

[dezz]

Speaking of IT kunce, are any of you/them normal?
Been working at a large data centre since Jan and the amount of f**kin weird f**ks that come in there is astounding. It'd be easier to count the normal-ish ones.

RE: capital gains and losses, clearly I've experienced plenty of the latter...Can you actually claim that as a loss at tax time? Was under the impression you had to pay on gains but just bend over and cop the loss, in typical government rape fashion.

[Birds]

You can claim it as a loss but it doesn't offset your income tax as it's a separate tax to it.

So what happens is, in future if you make a profit (capital gain) on something like property or other shares, the tax you would ordinarily have to pay on that profit can be negated by any losses from previous financial years.

You basically take the loss in the ass until you make a profit and then the loss becomes useful.

Let's say you lose $2k on 88E in one financial year and make 800k on selling your house in another financial year, say 5 years from now, if you kept carrying the loss forward then you won't have to pay capital gains on 2k of your 800k profit.