aquadude Posted November 5, 2009 Report Share Posted November 5, 2009 Hi all I used to be a member Of PLains Exchange Barter Society, many years ago ( now disbanded ) Though bartering has been around for a many a centuries ( such as I'll give you wheelbarrow of vegies for you to make me 5 chocolate cakes ) the modern concept is through joining a network like this the alternative form of currency as called talents(1 talent = $1.oo ) eg there are 3 members Mary John Bob Mary asks bob to mow her lawn Bob says yes - it will cost you 15 talents ( $T15.00 ) + $5.00 for petrol Bob does the job and is given $5.00 for petrol Bob via the website withdraws the $T15.00 ( minus the 4% levy that goies to administration) out of Marys account JOhn advertises on the member list that his skill is gardening at $T15.00 an hour Bob contacts john to do an hour of gardening JOhn does the gardening John withdraws out of Bobs account the $T15.00 Apart from the $5.00 cash that mary had to spend for petrol ( as Bob cant buy petrol with talents ) No money changed hands other things that are great no money to join members get items, services & skills done & apart from stuff like petrol like the example of bob and mary There is a $T500.00 debit system..so you can start spending before you earn A great concept PM me if you want me to send you more info on this Quote Link to comment Share on other sites More sharing options...
livingart Posted November 5, 2009 Report Share Posted November 5, 2009 as it has a monetary value on it are there IRD rules on this Quote Link to comment Share on other sites More sharing options...
alanmin4304 Posted November 5, 2009 Report Share Posted November 5, 2009 The tax inspector knows where you live. Quote Link to comment Share on other sites More sharing options...
phoenix44 Posted November 5, 2009 Report Share Posted November 5, 2009 Economists nightmare 101 Quote Link to comment Share on other sites More sharing options...
aquadude Posted November 5, 2009 Author Report Share Posted November 5, 2009 regarding the questions / comments this is from the NZCE administator ( New Zealand Community Exchange) re the Tax man. If people are in business then trades in the line of their business are taxable and if they are registered for GST then that applies. if they do a trade that is not a part of their normal business then it is classified by the IRD as a hobby and is not taxable. An illustration is as follows:- If a plumber fixes a leaky tap it is taxable, however if a plumber does a flower arrangement for someone, it is considered a hobby and is not taxable. I hope this will satisfy every ones concerns. Quote Link to comment Share on other sites More sharing options...
Scottie841 Posted November 5, 2009 Report Share Posted November 5, 2009 There is a similar system in place throughout the country and the world. It is called currency and every country has their own version of it Quote Link to comment Share on other sites More sharing options...
Tsarmina Posted November 6, 2009 Report Share Posted November 6, 2009 i know of 2 bartering companies in NZ, Barter Card and Ozone. We used to use both of these when we had a furniture removal company, but we will not deal with either now due to past disagreements and, because of what we are now selling, it's not worth it to us. Quote Link to comment Share on other sites More sharing options...
aquadude Posted November 6, 2009 Author Report Share Posted November 6, 2009 Scottie841 Yes this concept is , as you say all around the world.. LETS ( Local exchange trading system )( I think the "S" is for system ) Quote Link to comment Share on other sites More sharing options...
aquadude Posted November 6, 2009 Author Report Share Posted November 6, 2009 Tsarmina I know of barter card but have never heard of ozone I too have heard of negative situations of bartercard IMO this network is for non business, for the average joe (& mary) who uses their hobby, interest , home enterprise skills to barter with to get things that they are after..->IMO<-- Quote Link to comment Share on other sites More sharing options...
suphew Posted November 6, 2009 Report Share Posted November 6, 2009 Didn't these systems used to be called having a sense of community? Where I am we still have it to a degree, I have an elderly neighbour, I supply and manage her computer, do odd jobs, cut down tree's, keep an eye on her, etc, for this I have a key to her double garage (I don't have one), she collects my mail, feeds my pets when I'm away, keeps an eye on my house, etc. Same with friend's everyone has different skills and we help each other out. I only difference I see between what we do and the "barter systems" is there isn't a middle man taking a cut to run it. Quote Link to comment Share on other sites More sharing options...
Caryl Posted November 6, 2009 Report Share Posted November 6, 2009 Times have changed I guess and many no longer know their neighbours You are lucky suphew, as is your elderly neighbour. We have a good system going with some of our neighbours too and keep an eye out when someone is away and clear each other's mail boxes. One neighbour has just lost his job. He wanted a trailer and noticed we had one tucked away in the back yard, obviously unused for a long time, so asked if we were wanting to sell it. Grant suggested if he cleaned up our back yard (very much in need of it!) and took away the old batteries (we paid the dump fee) stacked all over the place, he could have the trailer for free. We now have a lovely clean area and neighbour will get a trailer (as soon as we move the dead Isuzu out of the way so we can get it out) :roll: Grant often does computer work in exchange for goods. We have a reasonably steady supply of whitebait, wild pork and venison, lamb chops and roasts, fruit, vegetables and seasonal fruit cake (from friends who are Jehovah's Witness or something who don't recognise Christmas so we can't call it a Christmas cake :lol: ). Many of our customers are elderly with a limited income but many grow their own fruit and veg, something Grant and I have discovered we suck at :roll: ) One person swaps computer expertise for her wonderful Dutch apple pie Quote Link to comment Share on other sites More sharing options...
MarkLB Posted November 6, 2009 Report Share Posted November 6, 2009 We have a reasonably steady supply of whitebait, wild pork and venison, wonderful Dutch apple pie I'll see you and Grant for dinner, I'll bring the wine Quote Link to comment Share on other sites More sharing options...
Caryl Posted November 7, 2009 Report Share Posted November 7, 2009 That is a kind offer Mark but we don't drink so would not like to be responsible for you overdoing the alcohol intake 8) Quote Link to comment Share on other sites More sharing options...
MarkLB Posted November 7, 2009 Report Share Posted November 7, 2009 Sparkling grape juice it is then But I'd be just as happy with a cup of tea Quote Link to comment Share on other sites More sharing options...
Caryl Posted November 7, 2009 Report Share Posted November 7, 2009 We have 2 spare bedrooms here so anyone looking for free accommodation when passing through, or attending a local event, is most welcome. Quote Link to comment Share on other sites More sharing options...
MarkLB Posted November 7, 2009 Report Share Posted November 7, 2009 Quote Link to comment Share on other sites More sharing options...
Recommended Posts
Join the conversation
You can post now and register later. If you have an account, sign in now to post with your account.