Hey guys
I'm thinking of buying a new car under my self employed business.
The tax side of things I'm familiar with, ie 30% x 28/33% x 3 + 15% would be the total discount over 3 years off the original purchase price.
But how much to spend is the most efficient?? Say my business generates $100k + gst per year?
I have been looking all sorts of price brackets and it's just too many choices haha!
Any business owners/accountants happy to give me some advice please?
I'm currently looking at 2012-13 Audi Q5 or BMW X3 or Lexus RX450h sort of cars.
Thanks!
Gary
------------
Nvm, RH450h it is!
I'm thinking of buying a new car under my self employed business.
The tax side of things I'm familiar with, ie 30% x 28/33% x 3 + 15% would be the total discount over 3 years off the original purchase price.
But how much to spend is the most efficient?? Say my business generates $100k + gst per year?
I have been looking all sorts of price brackets and it's just too many choices haha!
Any business owners/accountants happy to give me some advice please?
I'm currently looking at 2012-13 Audi Q5 or BMW X3 or Lexus RX450h sort of cars.
Thanks!
Gary
------------
Nvm, RH450h it is!
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