Welcome to the CCP...... Sany SY18C

V8Druid

V8Druid

do it as well as you can,but learn to do it better
DaveDCB said:
As Druid says, if you want top marks in man maths it’s a 25% discount on a good year.. 😂
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investment in capital plant used to be 50% :)... when did that go down? :(:(... was always a good way of losing taxable bucks at the end of the year :giggle: - big spend equalled less tax payable :cool: and you had the kit to use / make life easier -- win win all round :giggle:(y)

premises maintenance was 100% - 's why I had such a nice palisade fence round the entire yard ... better than giving it to the blood suckers
 
J

Jimoz

Well-known member
V8Druid said:
capital ;):giggle:.... and as a sole trader/partnership you have a much free-er hand to play 'the game' your way (y):cool: ... far too many downsides to becoming limited :(
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I always thought you ended up in higher tax bracket too easy if one good years instead of one bad. Although like I say the govt has steadily eroded any benefits of ltd these days. I suppose if you want the dough in your own name you have to swallow the tax at some point.
 
Storrsy

Storrsy

Well-known member
Jimoz said:
I always thought you ended up in higher tax bracket too easy if one good years instead of one bad. Although like I say the govt has steadily eroded any benefits of ltd these days. I suppose if you want the dough in your own name you have to swallow the tax at some point.
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I've never found it a problem. Just guage it towards the end of the tax year and spend/buy plant accordingly. Regular Mtd SA is a pain/downside now but imagine it won't be long before similar applies to Ltd companies too
 
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