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ExJourno

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Posts posted by ExJourno

  1. I've noticed you can talk complete rubbish and people don't notice if you include one of thesespacer.png

    I've noticed that this site houses some utter epic trolls... annoyingly, those trolls occasionally have meaningful input leading to the conundrum that if one is to ignore them completely, one would miss the occasional amusement and equally occasional legitimately beneficial comment.

     

    That lady has a nice watch and curiously appropriate clothing style... the poster mustn't be a poster of rubbish.

     

     

  2. How do you show the public the effect of the tax? I'm still completely blind as to the effect it will have on my business but know that it is going to effect about 90% of my costs and will further increase when diesel if taxed in 2014. I think that i will have to increase prices a few times between now and then when i realize the full effect of the tax. I think this will be the same with allot if not most small business that don't have the resources to study the whole effect of the tax

    Just my opinion, but the carbon tax component of price increases will be hard to display for many businesses - as you said.

     

    You may well be able to demonstrate the increase to your customers, but it may be too complicated for them to be bothered with.

     

    I believe many businesses will give a simplistic "all my costs have increased" coupled with "because of this damned carbon tax" and leave it at that.

     

     

  3. 160% markup is not gouging? That probably wasn't a very good example of the point you were trying to make.

    If the other store was able to sell the same product at a lower markup and still be profitable, doesn't that suggest your product was overpriced?

    It was actually an excellent example. The point was price movement at the changeover of GST.

     

    In answer to your questions... No and no.

     

     

  4. the GST was awesome, something that sold for $3 was supposed to be $3.33 GST inc but always ended up @ $3.49 inc. your less likely to notice $0.16 but everything went up for no good reason.

    *3.30... (10% GST).... but then there was also the issue where you had to remove a particular tax/taxes off the business's purchase cost of the goods, add your margin then add GST.

     

    It created an anomoly at my family's general store... specifically with sales of Coca Cola.

     

    Our shop bought coke by the pallet. The next nearest store bought a few boxes here and there.... so we paid significantly less than they did (close to half) but our sale prices were identical...

     

    When GST came in, their sale price went down by 5 or 10c when GST kicked in and ours went up by a few percent.

     

    Why? The 10% GST applied to the sale price. The removed taxes applied to the business's purchase price. If you had large profit margins you now had to apply a tax across more of the sale price and were only removing taxes to compensate from a fraction of the price...

     

    I don't recall the exact figures, but it went a little like this.

     

    $5.99 for two-pack 2L coke. (in the 90s we sold dozens of these a day... nearest supermarket was 20km away)

     

    Cost to us, 1.15 per bottle including taxes. Excise, 15%. Gross profit was $3.69.

     

    Ie: 1.15 was 115%. Our new cost price became $2 for the twin pack. Add on our $3.69 and you get a sale price of $5.69 plus GST... $6.26

     

    Cost to other store, $2.30 per bottle leaving a profit of 1.40 on the twin pack.

     

    New cost: $4. Sale price with same profit is $5.40 plus GST... $5.94

     

    It is not always as simple as it seems - it could be (and I am only surmising) that the funeral home has had costs passed to them and rather than adjust their pricing, they are showing the added cost seperately and legitimately.

     

    They could also be gouging.

     

    I guess my point is don't immediately assume it is a gouge...

     

     

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