Old Jan 6, 2006 | 06:34 PM
  #12  
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Damo V
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Joined: May 2003
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Originally Posted by Iain Mac
You don't get taxed on your assets - unless you sell them and then get taxed on any extra over the written down value.

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this is true... and if they are written off well, you wont pay anything...

computers for example are "worthless" after 1 yr on the books
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