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by lukeh
245 days ago
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Also, you can only deduct it in a single financial year if you are eligible for the Instant asset write-off program. I'm sure I'll get downvoted for this, but this common misunderstanding about tax deductions does remind me of a certain Seinfeld episode :) Kramer: It's just a write off for them Jerry: How is it a write off? Kramer: They just write it off Jerry: Write it off what? Kramer: Jerry all these big companies they write off everything Jerry: You don't even know what a write off is Kramer: Do you? Jerry: No. I don't Kramer: But they do and they are the ones writing it off |
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