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Old 20th Mar 2010, 05:56
  #469 (permalink)  
Wally Mk2
 
Join Date: Dec 2008
Location: melb
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"PJ" yr comments are fair enough. I'm happy with my Accountant (he's an ex ATO man) & I have been with him for many years now working as a plane 'driver', know him well trust him well & will go with what he says. Remember accountants like pilots are not infallible both professions (if you can call a pilot a real profession) have 'read' things the wrong way with ugly consequences.
He gave me a copy of the Tax laws on this subject & I too read it that it's not claimable (although there are area's that are 'grey') but like everything in life some get away with it some don't. I'd rather have peace of mind not wondering if the Tax man knocks on my door one day to say..."plz explain".
Self funded endo's are the way of the future I guess.

Wmk2
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