View Single Post
Old 08-19-2011, 02:48 AM  
Paul Markham
Too old to care
 
Paul Markham's Avatar
 
Industry Role:
Join Date: Jun 2001
Location: On the sofa, watching TV or doing my jigsaws.
Posts: 52,943
Quote:
Originally Posted by 12clicks
its so funny watching the poor explain the world.
So you must be laughing at yourself.

[QUOTE=V_RocKs;18360241BTW, you make write offs sound like you are getting something for free. You are not. You still have to pay for the trip. You just don't have to pay taxes on a portion of it.[/QUOTE]

Stop trying to explain it to people who obviously don't have accountants.

If you have a home in your office and even entertain, only part of the home costs can be placed as an expense, with so many here working from home why didn't they know this???

If you take a holiday and combine it with business only your flight and some expenses are on the business and your wife if she's employed by the company.

A nanny is an employee of the company.

A car can be on the company as pert of a lease deal.

Good luck if the tax inspector finds out if your wife is at home all time and the car isn't being used on company business. Then it becomes tax fraud.
Paul Markham is offline   Share thread on Digg Share thread on Twitter Share thread on Reddit Share thread on Facebook Reply With Quote