Sit Ubu Sit
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Sit Ubu Sit's Discussions

WITWWMB?

Started this discussion. Last reply by Dabba Jul 19. 38 Replies

Just catching up, since it's a…Continue

WITWIMB?

Started this discussion. Last reply by Bob Moore Jun 12. 15 Replies

Yes hello, it has been a while hasn't it? I'll blame that on work, from which I've currently got a 6 week long-service leave break, and am here:…Continue

Charge Grinduro single speed gravel grinder / commuter - brand new

Started Jan 10 0 Replies

Need your next n+1 and struggling to find a bike that adds new purpose to the stable? Or need something that'll work as both a commuter Mon-Fri and off-roader for long weekend rides? Well here it is…Continue

ATO rules e-bikes a tax-deductible expense - like a novated car lease

Started this discussion. Last reply by Justin Smirk Oct 11, 2016. 13 Replies

Did I miss this at the time (looks like it was made almost a year ago)? Earlier today I found out…Continue

 

Sit Ubu Sit's Page

Latest Activity

Sit Ubu Sit replied to Dabba's discussion Tubes and valves
"Really? That's about $200 more than quoted British OLBS with a .com URL is quoting me:"
Jan 12
Sit Ubu Sit replied to Dabba's discussion Tubes and valves
"This used to happen to me all the time, with my old (but reliable, and user-serviceable) Silca pump which has a push-on valve head. But I realised I was spending more on replacing de-valve-stemmed tubes than a new pump would cost. So like Peter and…"
Jan 12
Sit Ubu Sit replied to Dan's discussion WITHIMB
"That being said, the fact the houses are below the level of the road indicate it's far too hilly for Copenhagen (seriously, when I was there, the only "hill" around where we were staying was the moraine end from the last ice age - a…"
Jan 12
Sit Ubu Sit replied to Peter H's discussion Where have all the cyclists gone?
""Artisanly constructed" by someone who looks like a yak? No wonder I've never heard of it..."
Jan 10
Sit Ubu Sit replied to Peter H's discussion Where have all the cyclists gone?
"What's a "motza" - a double shot of espresso served with a dash of cold milk from a back-handed pour?"
Jan 10
Sit Ubu Sit posted a discussion

Charge Grinduro single speed gravel grinder / commuter - brand new

Need your next n+1 and struggling to find a bike that adds new purpose to the stable? Or need something that'll work as both a commuter Mon-Fri and off-roader for long weekend rides? Well here it is - a brand new, still-in-the-box Charge Grinduro single speed gravel grinder. Not available in Australia, I won it in a competition and simply don't have a solid use for it so better it goes to someone who'll be able to use it.This is a special production from Charge, based on the popular "Plug"…See More
Jan 10
Justin Smirk replied to Sit Ubu Sit's discussion ATO rules e-bikes a tax-deductible expense - like a novated car lease
"Thinking how an anovated lease works they wind all the running cost into the capital costs for the lease (ie fuel, repairs etc). As there are no running cost then there is little to incorporate into the lease. Why is this important? Because they…"
Oct 11, 2016
Justin Smirk replied to Sit Ubu Sit's discussion ATO rules e-bikes a tax-deductible expense - like a novated car lease
"Yes without a ruling that can not offer the product!"
Oct 11, 2016
Scientia et Labore replied to Sit Ubu Sit's discussion ATO rules e-bikes a tax-deductible expense - like a novated car lease
"I think ATO did away with that."
Oct 9, 2016
Jonathon Troy replied to Sit Ubu Sit's discussion ATO rules e-bikes a tax-deductible expense - like a novated car lease
"I wonder if you need to do a number of long trips like those who lease cars do to reduce their FBT liability?"
Oct 8, 2016
Bill Parker replied to Sit Ubu Sit's discussion ATO rules e-bikes a tax-deductible expense - like a novated car lease
"That is the promoter of the scheme referred to in the ATO ruling which presumably they asked for."
Oct 7, 2016
Justin Smirk replied to Sit Ubu Sit's discussion ATO rules e-bikes a tax-deductible expense - like a novated car lease
"There is a start-up company in Melbourne doing just that. Maybe you should ask them why just e-bikes and not or bicycles. http://www.e-stralian.com.au/  "
Oct 7, 2016
Scientia et Labore replied to Sit Ubu Sit's discussion ATO rules e-bikes a tax-deductible expense - like a novated car lease
"I'm not an accountant but use one or two every year for personal and business taxation. It's probably useful to glean some points and use those to inform us more generally. I don't think you have to plough through the whole ruling to…"
Oct 3, 2016
Bill Parker replied to Sit Ubu Sit's discussion ATO rules e-bikes a tax-deductible expense - like a novated car lease
"Yes , it was a fairly brief discussion, easily missed"
Sep 30, 2016
Sit Ubu Sit replied to Sit Ubu Sit's discussion ATO rules e-bikes a tax-deductible expense - like a novated car lease
"I didn't (mind you said site has been a little obscure to me in the last year), but then I didn't see it when I used the same site's search function either. But then we all know how efficient the ning search is (either returns…"
Sep 30, 2016
Bill Parker replied to Sit Ubu Sit's discussion ATO rules e-bikes a tax-deductible expense - like a novated car lease
"Same comment as I made in the above obscure site in that the ruling is very narrow and only applies to the specific scheme that made the application. Tax accountants / lawyers will have to advise us if it has any more general application, do we have…"
Sep 30, 2016

Profile Information

What sort of riding do you do ?
Commuting, Road Cycling
Where in Sydney do you live ?
Thornleigh
Tell us about your bikes
Couple of roadies - one as commuter, one for the weekends. 15 year old MTB that's almost as good as new, and a CX that lives in NZ as I'm over there for work regularly.
About Me:
Lucky enough to work for a company that once sponsored a pro conti team and am involved in working with them. Gotta use a pseudonym 'round here because of my employer's social media policy.
Hate being called a "lycra lout" or anything that refers to my preferred riding clothing; nothing about me changes because of what I wear.
Can't resist parodying any reference to a song posted here so I apologise in advance.
Only take some of what I post seriously, hopefully you can work out which bits I mean!

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Comment Wall (14 comments)

At 7:44am on October 26, 2010, Susan said…
If the birthday section of the site is correct then Happy Birthday! hope you have a great day!
At 8:03am on October 26, 2010, Neil Alexander said…
I think the birthday section of the site is a bit sus.
At 8:35am on January 26, 2011, baa baa said…

Do many of the New Zealanders of Welsh origin living in Sydney like listening to Danish folk tunes with banjo backing?

At 4:02pm on February 10, 2011, PeterT said…

Yes, that's one of the major strengths of SC, there is a whole lot of info here, and from everything from Chic to MAMIL rides, advocacy from Harbourlink to -H-words and much  more.

RE: the changing the free hub, if I do proceed (there are other things high up the to do list atm) - it will likely happen about end of March.

 

At 1:53pm on February 14, 2011, Ma Dame Vélo said…

On that Ergon site, they have something that looks a bit like a large bum bag.....would that be OK?  I don't like wearing back packs when I ride, it makes my back perspire.

 

I have been thinking about it, I think I can put a bag on the cross bar of the bike - like the ones the triathletes put there glucose snacks in.  I am working on it.  I think I will throw these bum bags away.  As you said they are so "yesterday".

If you see me struggling up KPR, you'll know it's me by the pink water bottles, not just the white shoes and Ti pedals.  However, if I see a guy struggling up KPR wearing a backpack, I don't want to say "Hey are you SUS?"..................

At 2:04pm on February 28, 2011, baa baa said…

Sorry to be a pest and way off any SC topic but do you know the best way I can get flowers ( funeral type) sent to Blenheim ( nw coast sth island)?

I have had no luck going thu flower type companies in Christchurch.

Thks in advance for anything suggestions.

At 5:40pm on February 28, 2011, Scientia et Labore said…

Interesting, I wonder what 7.1 richter and 2.2g really means in comparision to the prevailing standards.

I guess the fellow is saying the standards are intended to give a good chance of resisting.

 

The prediction part is also interesting.

 

I'm being told that stone w/o mortar does well, brick does badly UNLESS tied to a frame. The bricks must be tied to the frame tho, not merely the mortar as is done in Oz.

At 9:33am on June 29, 2011, baa baa said…

Howdo fella

Maybe of interest? A cyclist (really this lot are loons) with diabetes riding the Tour Divide. Shame about the bear

http://type1rider.blogspot.com/

At 6:00pm on February 3, 2012, baa baa said…

Thanks mate. 

Cool vids, guessed that sheep could train a rabbit to do what they want, but a car, extraordinary.

At 8:24pm on May 31, 2013, baa baa said…

1!

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