WildCat
NWO Master Conspirator
- Joined
- Mar 23, 2003
- Messages
- 59,856
You'd pay more tax, but you'd also have more profit.If I spend £1200 on a computer, that full amount is deducted off my annual profits. I pay tax on profits (after I reach my personal tax allowance). I buy a cheaper computer and it translates to making more profit, which in turn means paying more tax. I'd rather have a more expensive computer and pay less tax, than have a cheaper computer and pay more tax. It's not necessarily about saving money using the tax deduction, it's about me spending my money on me and not donating it to the government.
Does that make more sense?![]()
Why would you want less profit because you bought a more expensive computer?