Originally posted by Fred Bloggs
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I don't understand why posters here are working on the assumption that every asset falls in value over the period of ownership when they're happy to invest in shares, rare wines, cars on the expectation that they will appreciate in value.
I suppose the same posters are forgetting that depreciation expense is not allowable for CT which is worked out on profit BEFORE depreciation, so you're not going to reduce a tax bill by claiming your £50k garden shed has lost 50% of its value this year.
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