Perth-WRX.com  

Go Back   Perth-WRX.com > Off Topic Discussions > Non-WRX Discussion
Reload this Page GST the Tax we Had to Have
Register Diddy Kart ArticlesAll AlbumsBlogs FAQ Community Calendar Today's Posts Search


Welcome to Perth-WRX, click here to register!

Reply
Page 2 of 3 1 2 3
 
LinkBack Thread Tools Display Modes
  #11  
Old 05-01-2011, 12:57 PM
Perth WRX Old Skool Cool Dude
Member
  
Join Date: Jul 2002
Location: Australia
Posts: 6,766
Blog Entries: 6
Thanks: 31
Thanked 48 Times in 34 Posts
BALISTC knows their stuff
Default
Not as much mark up in car parts as there is in jewellery, thats for sure!
Reply With Quote
  #12  
Old 05-01-2011, 12:58 PM
mARC's Avatar
Perth WRX Old Skool Cool Dude
Member
  
Join Date: Aug 2007
Location: In a House
Posts: 3,589
Thanks: 43
Thanked 30 Times in 28 Posts
mARC at standard level
Default
Quote:
Originally Posted by bumpstop View Post
I'm not going to get into a big argument about online sales, but it's getting pretty tiring being used a showroom and advice outlet for people to then go buy from the net.
Online sales is certainly making my future prospects look uncertain
Adaption to your business model?

Better to canabolise business into yourself then to a competitor.
__________________
[SIGPIC][/SIGPIC]
Reply With Quote
  #13  
Old 05-01-2011, 12:59 PM
mARC's Avatar
Perth WRX Old Skool Cool Dude
Member
  
Join Date: Aug 2007
Location: In a House
Posts: 3,589
Thanks: 43
Thanked 30 Times in 28 Posts
mARC at standard level
Default
Quote:
Originally Posted by BALISTC View Post
Not as much mark up in car parts as there is in jewellery, thats for sure!
Sure about that?

Try tracking it from the source to your hands.
__________________
[SIGPIC][/SIGPIC]
Reply With Quote
  #14  
Old 05-01-2011, 01:02 PM
Riggs's Avatar
STI Master
Member
  
Join Date: Jan 2006
Location: Your Mother
Posts: 820
Thanks: 0
Thanked 29 Times in 17 Posts
Riggs at standard level
Default
I dont understand how they get away with those margins. I wish I could mark my shit up like that, I'd be swiming in a gold plated pool. My industry is very cut-throat and lucky to see a gross profit of more than 40% generally hovering around 25-30% and bigger jobs even less.

I know of a few companys that pay more GST on many jobs than the profit they make out of it, just to get the work. Couple that with big overheads and it makes life tough.

One advantage is that the products I sell (Floorcoverings) cannot be sourced overseas by the consumer without great difficulty and expense.
__________________
500+hp and helis on tap, eta - June 2025.
Reply With Quote
  #15  
Old 05-01-2011, 01:05 PM
mARC's Avatar
Perth WRX Old Skool Cool Dude
Member
  
Join Date: Aug 2007
Location: In a House
Posts: 3,589
Thanks: 43
Thanked 30 Times in 28 Posts
mARC at standard level
Default
Anyone here failing to factor in me ole mates:

- Foreign currency translation; and
- Cost of financing for both product/capital.
__________________
[SIGPIC][/SIGPIC]
Reply With Quote
  #16  
Old 05-01-2011, 01:08 PM
Riggs's Avatar
STI Master
Member
  
Join Date: Jan 2006
Location: Your Mother
Posts: 820
Thanks: 0
Thanked 29 Times in 17 Posts
Riggs at standard level
Default
Quote:
Originally Posted by mARC View Post
Anyone here failing to factor in me ole mates:

- Foreign currency translation; and
- Cost of financing for both product/capital.
Both negligable when working with margins like that.
__________________
500+hp and helis on tap, eta - June 2025.
Reply With Quote
  #17  
Old 05-01-2011, 01:08 PM
Shodown's Avatar
WRX Hi Five Club
Member
  
Join Date: Jun 2009
Location: Perth
Posts: 181
Thanks: 0
Thanked 0 Times in 0 Posts
Shodown at standard level
Default
Quote:
Originally Posted by mARC View Post
Anyone here failing to factor in me ole mates:

- Foreign currency translation; and
- Cost of financing for both product/capital.
But are the retailers prepared to pass on those Foreign currency translations when the AUD hits record highs?

I think not.
Reply With Quote
  #18  
Old 05-01-2011, 01:12 PM
DAN682's Avatar
Sign me up!
Nazi Sled Driver
  
Join Date: Jul 2005
Location: Mandurah
Posts: 2,364
Thanks: 25
Thanked 13 Times in 9 Posts
DAN682 at standard level
Send a message via ICQ to DAN682 Send a message via MSN to DAN682 Send a message via Yahoo to DAN682
Default
To chime in, tirerack.com is a prime example of buying overseas.

Take for example 4X Continental ContiSport Contact 2's... $140 USD each makes, $560 USD plus $330 postage. $890 USD landed which in our money today is $887AUD vs. Bob Jane anywhere at $370 per tyre ($1480 for the set) now unless it costs $600 in labor to fit some tyres to rims, I think I will stick to buying overseas
Reply With Quote
  #19  
Old 05-01-2011, 04:15 PM
scary's Avatar
STI Master
Member
  
Join Date: Jul 2005
Location: Burswood
Posts: 855
Thanks: 11
Thanked 45 Times in 32 Posts
scary knows their stuff
Default
Quote:
Originally Posted by Riggs View Post
My industry is very cut-throat and lucky to see a gross profit of more than 40% generally hovering around 25-30% and bigger jobs even less.

.
My god if I managed to make even 25% gross profit on my turnover I would be on perth-veyron.com not Perth-WRX.com.
__________________
RS RA
The more people I meet the more I like my Dog!

12.463 1/4 mile, not bad for an old school Liberty [DECEASED]

MY08 Liberty Tuned by STi
Reply With Quote
  #20  
Old 05-01-2011, 04:32 PM
Riggs's Avatar
STI Master
Member
  
Join Date: Jan 2006
Location: Your Mother
Posts: 820
Thanks: 0
Thanked 29 Times in 17 Posts
Riggs at standard level
Default
What do you retail?
__________________
500+hp and helis on tap, eta - June 2025.
Reply With Quote
Reply
Page 2 of 3 1 2 3

Tags
gst, tax

« Hope nobodys car was on here. | Any one want to buy me an island?? »

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 On
Pingbacks are On
Refbacks are On

Similar Threads
Thread Thread Starter Forum Replies Last Post
Selling a house/paing tax question pete gopal Non-WRX Discussion 14 01-05-2009 03:30 PM
Alco-pop tax Foxymophandlmama Non-WRX Discussion 14 21-04-2009 01:13 PM
FuelWatch, luxury car tax, Medicare threshold delayed in Senate WRXTASY Non-WRX Discussion 18 23-06-2008 02:14 PM
Fixed Term Deposit - Which type of tax is applicable on the interest? DEDLYWEPN Non-WRX Discussion 15 19-06-2008 07:05 PM
New proposed car congestion tax roids General Subaru Discussion 19 12-03-2008 03:50 PM



Welcome to Perth-WRX, click here to register!

All times are GMT +8. The time now is 01:43 PM.

Contact Us - Perth-WRX.com - Top

Powered by vBulletin® Version 3.8.9
Copyright ©2000 - 2024, vBulletin Solutions, Inc.
Content Relevant URLs by vBSEO