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Ask him for a receipt and put it down as a business expense.Paul
Quote from: Paul Griffin on January 12, 2007, 06:58:41 pmAsk him for a receipt and put it down as a business expense.Paulmy accountant said the IR would NOT accept it as a expense, something along the lines of "your not really buying anything " as its just a goodwill payment
The Shinerim just passing on what she said
Quote from: matt on January 13, 2007, 10:05:39 amThe Shinerim just passing on what she said I am surprised that your accountant gave that advice. I will be seeing my accountant next week to finalise the books for 05-06. I think I'll ask him about it in case there is some obscure reason why this is not a tax deductible expense. Sounds odd to me.