Moderator's note: This is nonsense from a UK website
Hi, i am wondering how some people can drive big top of the range cars and Jeeps mainly bmw Jag Audi etc. Brand new ones. I did some research and found that if you have a business you can offset that big top of the range car against tax on the annual return. Poor people well not so much poor but middle income either take it out ok finance or part payment of cash, where people who i consider to be rich are more financially educated they know how to grow wealth where as poor people lose it or dont build on it.
I have heard of cases where people with multiple houses on the books incorporate them as part of a business and pay less tax. Rich people know how to avoid tax and amass wealth poor people dont. Is being rich a case of being educated?
Hi, i am wondering how some people can drive big top of the range cars and Jeeps mainly bmw Jag Audi etc. Brand new ones. I did some research and found that if you have a business you can offset that big top of the range car against tax on the annual return. Poor people well not so much poor but middle income either take it out ok finance or part payment of cash, where people who i consider to be rich are more financially educated they know how to grow wealth where as poor people lose it or dont build on it.
I have heard of cases where people with multiple houses on the books incorporate them as part of a business and pay less tax. Rich people know how to avoid tax and amass wealth poor people dont. Is being rich a case of being educated?
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