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Posted by mv on 08/16/06 13:39
>
>
>Well David I know your fond of Bill Farnsworth but he ain't the only
>fellow spending buckets of money to stay current to get hired.
>
>I just hate to see my tax dollars being thrown into corporate pockets
>at all of out expense. ie the war in Iraq.
>
According to my accountant I invested over half a million pounds
($900,000) on capital equipment over the last decade, I doubt I could
raise a 100,000 pounds($180,000) if I had to sell up. It's not all a
loss though as I've been reasonably astute in selling kit before it
become a door stop, so probably had another 100K to 150K ($180K to
$270K) back that way. On top of that it's mostly been written off
against tax anyway.
So long as one has a viable operation these aren't really a net cost.
--
John Lubran
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