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after the recent THREAD i would just like a small insight on business profits percentages and maybe a rough out expenses value.my reason is after certan claims i question if im paying to much out on expenses and could make more profit......i was hoping we could achieve this on the other post but it was locked.to mods please dont lock this could help all businesses become more proffitable and has we all know profit is the name turnover is just the game....
Ye your right Layla I mean I'm sat in Grimsby waiting for my 14k Van and hot system to be ready but still earning money because I'm struggling to make ends meat.Got q7 on drive cause I'm about to go bump........I'll be fair I'm bot making 66% profit like you alledge but iv proved your talk through your poo pipe. If that's what making ends met is about I don't half mind it Iv realised why your system is fitted on one side it because if it wasn't your big fat head would make your van tip so know the 250l just abouts keepsIt grounded maybe you shouldDo the same.
first question is irelevantsecond question is a good one winproclean
A fine example of this would be Manchester Utd!!Rob
The car is a business asset why not it makes perfect sense why fork out my self for a depresating asset? I am a director and if this business does well I do well by the way it was paid for cash.
If I transfer profits to me we pay 21% corporation tax the depression comes of expenses. Win win
Quote from: Winp®oClean on December 23, 2010, 08:33:32 pmQuote from: ronnie paton on December 23, 2010, 08:27:53 pmThe car is a business asset why not it makes perfect sense why fork out my self for a depresating asset? I am a director and if this business does well I do well by the way it was paid for cash.So it's just a business expense that's losing value every day but not adding any value? Don’t over think it winproclean, it only needs common sense coupled with advice from professionals to keep within the rules.
Quote from: ronnie paton on December 23, 2010, 08:27:53 pmThe car is a business asset why not it makes perfect sense why fork out my self for a depresating asset? I am a director and if this business does well I do well by the way it was paid for cash.So it's just a business expense that's losing value every day but not adding any value?