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  1. B

    $20000 accelerated deduction

    Really would like a car though. I basically have no other deductions... taxi to the post office seriously... arent taxis these days $5 per 30 seconds thats how I remeber them anyway about 15 years ago.
  2. B

    $20000 accelerated deduction

    Well technically no I have a car well it has 240,000 klms on it so it wont last forever it would be nice to have a brand spanker I could really rely on. At the moment I have no deductions apart from $3500 ( car max allowed to claim no receipts as I have been slack ) apart from that my deductions...
  3. B

    $20000 accelerated deduction

    I know but brand new vs second hand? Just wondering is this going to be worthy of me doing we could do with a new car and as said before I have basically no write offs so it seems like the smart thing to do.
  4. B

    $20000 accelerated deduction

    Hard to guage I would like go say 80 business 20 lersonal this may be optimistic though
  5. B

    $20000 accelerated deduction

    HI Everyone Just after a bit of advice. I run an online business and im looking for ways to reduce the huge amount of tax I pay as I basically have no write offs. I was thinking of purchasing a brand new car so I can write this off. My profit last year was $28K and im currently registered for...
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