Re: [SLUG] tax, damn them

[Terry Collins <terryc@nospam.woa.com.au>]

DaZZa wrote:
> 
...snip....

> > A tax deduction means that it is a business expenses that can be taken
> > before you arrive at the figure you pay tax on, rather than after
> > paying tax. E.G. business use of a vehicle is tax deductable, but
> > using the train to visit customers is not tax deductable (according to
> > my accountant).
> 
> Yeah, but my point is that the deduction only saves you the tax you
> _would_ have paid on the amount of money spent - which is, at best, 48%,
> and at worst 30 odd percent.
> 
DaZZa 

Whilst we are both big and ugly bro's {:-), neither of us is named
Kezza.
Only Kezza gets that sort of lurk.

--
   Terry Collins {:-)}}} Ph(02) 4627 2186 Fax(02) 4628 7861  
   email: terryc@nospam.woa.com.au  www: http://www.woa.com.au  
       or terryc@nospam.zip.net.au 
   WOA Computer Services <lan/wan, linux/unix, novell>
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