PPRuNe Forums - View Single Post - Purchasing and operating an aircraft under a company
Old 24th Jun 2012, 20:26
  #6 (permalink)  
tail wheel
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"Write off" - You can't "write off" anything that may have tax implications.

I assume you mean offset expenses (including depreciation) against profits, if there are any? You would have the same legitimate expenses including depreciation, whether a company or an individual. I would have thought it preferable to operate as an individual, then at least you can offset the inevitable losses against your other income.

There are no tax specialists here. You should seek professional advice.
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