write-off

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write-off

Informal something damaged beyond repair, esp a car
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aspx For expenditure on solar panels on or after April 1, 2012, a tax write-off of 8% per annum can be claimed, but if the cost of all qualifying capital expenditure falls within the limits mentioned above, the business will be able to immediately write the cost of the solar panels as well.
At present, the Investment Allowance of 100 per cent write-off against taxable profits on the first PS500,000 of spending on plant and equipment is scheduled to be withdrawn at the end of December 2015, at which point the tax write-off is due to be cut to just PS25,000.
He added the Government should ensure that people who brought Irish banks to the brink weren't rewarded with tax write-offs.
Several companies now offer opportunities to donate real estate for charity, giving the company a significant tax write-off.
The ulterior motive was to have a tax write-off to go see my girlfriend.
The first move was exploding the tax write-off myth.
Under the Enhanced Capital Allowances regime, businesses of any size are able to claim a 100% tax write-off on their spending on qualifying cars and plant and machinery.
The province itself, he says, competes directly with Manitoba, which offers a 45-per-cent tax write-off for film production.
I think more people will enjoy it there than anywhere else,'' Warsaw said, ``because the tax write-off is the same, you know what I mean?
This tax write-off is so wrong that an incoming government should repeal it, if it is not withdrawn before the election.
GWC could donate the burdensome widgets through a nonprofit broker organization; an environmental group could benefit from its sale on the open market, and GWC would get a tax write-off.