this post was submitted on 29 Apr 2024
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Yeah, so to simplify, written off at a different rate.
Not really, at all.
It's written off at the same rate, while being subject to a whole other type of tax, which means the company pays more tax, rather than less.
Ok, so the point I was originally trying to make was that claiming a yacht as an entertainment expense was less attractive. Would you agree?
If sticking a fork in your eye is "less attractive" than eating icecream then sure.
... but let's be honest, that's not what you were trying to say. You were just plain wrong. Get over it. No one cares.
The only one who can't admit they were wrong here is you.