any clued up tax dodgers out there know if its possible to put your kites through as a tax offset, ive seen kitepower and in the loop, with custom kites advertising their business, can this be seen as advertising thus being a buisness exspense,
I was just reading an article on aussie politicians and the rout of claiming big money for exspenses, bob car has claimed $750,000 plus in 6 months as foreign ambassador, so if its good enough for them its good enough for me, any help would be appreciated, thanks michael caunce trading as ozone edge carpentry
Old thread on the topic may help
www.seabreeze.com.au/forums/Kitesurfing/General/Putting-Logos-or-graphics-on-ur-kite/
I think you would be on dodgy grounds there if you were audited by the ATO. Buy a share in a kite shop, then you probably could deduct it if you advertised the shop and derived income from the shop. I'm sure Kim would be keen!
Select to expand quotecauncy said..
any clued up tax dodgers out there know if its possible to put your kites through as a tax offset, ive seen kitepower and in the loop, with custom kites advertising their business, can this be seen as advertising thus being a buisness exspense,
I was just reading an article on aussie politicians and the rout of claiming big money for exspenses, bob car has claimed $750,000 plus in 6 months as foreign ambassador, so if its good enough for them its good enough for me, any help would be appreciated, thanks michael caunce trading as ozone edge carpentry
Why not teach the theory of kiting on light wind days and write off your kites, boards and gear as an expense against your theoretical earnings. 
I'm no expert, but the cost of a sign would be tax deductible not what it's attached to. (So only the cost of the screen printing) Eg if you had an advertising sign on a building, you can't claim the building, just the sign. Hope I'm wrong though. I know there was a crackdown years ago in the surfing industry with sponsorship and logos. But sponsorship may be the way around it.
Select to expand quotedaggy said..
kite to work ?
id turn up each day, although somewhat late
