ping beamends

On 2006-06-20, Dave Liquorice <[email protected]> wrote:

> What don't you understand about my statement above?

I do understand it, and from your next statement it seems you
understand me.

> OK taking all of it as a business cost is pushing the edges a bit

That's what I mean, it's at a point where it can be justified to
include it or not include it, depending on circumstances. Fuel costs
would certainly be a business expense but cash that would have to be
paid out whether you have a business or not is personal finance, not
business finance. If you only bought the car because you need it for
business but now you have it you might as well use it for personal
stuff too, then you'd be much more justified in including insurance as
a business cost.

> For the self employed the weekly shopping *is* part of the business plan.
> I need this much money each week to eat, the business needs to make at
> least that much profit each week or we don't eat...

I know, but that's personal finance, and wouldn't go on the company
books. I run my own PLC and it is legally a separate entity to me, my
shopping is neither here nor there to it.

Blimey I think I've forgotten how we got to this point now!

--
Blast off and strike the evil Bydo empire!