atw: Re: Buying a new laptop
- From: "Erisa Linsky" <slinka@xxxxxxxxxxx>
- To: <austechwriter@xxxxxxxxxxxxx>
- Date: Sun, 30 May 2004 17:28:39 +1000
depreciation in the first year can be anything from 25% to 50% of the item.
After that it's about 20% a year till there's nothing left. Your accountant
can choose a rate that suits your situation the best.
If it gets stolen or breaks down, then it gets written off and whatever
value was left you claim as an expense in that year.
----- Original Message -----
From: <Cathy.Morison@xxxxxxxxx>
To: <austechwriter@xxxxxxxxxxxxx>
Sent: Tuesday, May 18, 2004 1:19 PM
Subject: atw: Re: Buying a new laptop
Thanks Carole. =20
In my case, I am self-employed (sole trader). I don't pay myself a =
salary as
such, I just take what is left over after I pay the business expenses. =
I pay
tax on that.
If I bought the computer as part of the business expenses, it would come =
from
my pre-tax income anyway, wouldn't it? (Or at least the depreciated part =
of
it). Perhaps I need to get out the calculator as well.
Cheers,
Cathy
Cathy Morison
Technical Writer
Database Development, PMD
Geoscience Australia
ABN: 80 091 799 039=20
Website: www.ga.gov.au=20
-----Original Message-----
From: Carole Dacey [mailto:carole_dacey@xxxxxxxxxxxxxxxxxxxxx]=20
Sent: Tuesday, 18 May 2004 1:05=20
To: 'austechwriter@xxxxxxxxxxxxx'
Subject: atw: Re: Buying a new laptop
For those of you thinking of salary sacrifice, here is a quick method of
working out how much it will cost you:
a. Divide the laptop by 1.1 to remove GST
b. Subtract the % income tax you're on from the GST free amount to get =
the
cost
e.g. laptop cost is $2200 incl GST, and your tax rate is 35%.
a. 2200 / 1.1 =3D 2000
b. 2000 - 35%(2000) =3D $1300
Our company allows salary sacrifice and many of us take advantage of it.
Cheers=20
Carole
-----Original Message-----
From: austechwriter-bounce@xxxxxxxxxxxxx
[mailto:austechwriter-bounce@xxxxxxxxxxxxx] On Behalf Of Elizabeth =
Fullerton
Sent: Tuesday, 18 May 2004 12:53 PM
To: austechwriter@xxxxxxxxxxxxx
Subject: atw: Re: Buying a new laptop
I'm about to be in the market for a new laptop, too (since mine was =
recently
removed from my house by someone whose fingerprints identify as a =
transient).
I'm certainly going to consider the salary-packaging option, there was =
an
article about it in the new Choice Money magazine (or whatever it's
called) - the example they gave was someone purchasing a $5,000 computer =
and
saving just under half of that by packaging.
I'd like some opinions though - I'm considering buying a Mac. I'm sick =
to
death of all the MS patches that need to be applied, and all the viruses =
that
run rampant through the patches. My flatmate had a Mac laptop (until it =
was
removed by the same fingerprinted individual) - and she just used the
software that it came with, with no problems. She's not a power
word-processor user by any means, but she did write a book on it. She =
also
used it to bring work home, and I don't think she suffered any
incompatibility problems (Windows at work).
I've used both Mac and PC in my chequered career, and though I haven't =
used
Mac in a while I never had any issues with it, apart from Word for Mac =
being
so crap (at the time, might be better now).=3D20
Do people have preferences for Mac or PC laptops? and why?
=3D20
-----Original Message-----
From: austechwriter-bounce@xxxxxxxxxxxxx
[mailto:austechwriter-bounce@xxxxxxxxxxxxx] On Behalf Of Stewart Walker
Sent: Tuesday, 18 May 2004 12:25 PM
To: austechwriter@xxxxxxxxxxxxx
Subject: atw: Re: Buying a new laptop
One thing to consider is that laptops get a
concessional treatment from a fringe benefits tax
viewpoint. If your employer offers salary packaging,
it's cheaper to include a laptop in your package and
get a reduced cash salary, than it is to buy it with
your after-tax pay.
This is just my understanding, I'm not an accountant
or lawyer, get your own indepdent advice, etc, etc.
Cheers
Stewart
--- Cathy.Morison@xxxxxxxxx wrote:
> I really need a new laptop and now is probably about
> the best time of =3D3D
> year to
> buy one.
>=3D20
> However, what are your experiences on the relative
> merits (financial/tax
> advantages) of paying cash, business lease/rent or
> hire purchase?
>=3D20
> As you can guess, I am not a very financially
> literate person!
>=3D20
> Any advice appreciated.
>=3D20
> Cathy Morison
> Technical Writer
> Database Development, PMD
> Geoscience Australia
> ABN: 80 091 799 039=3D3D20
> Website: www.ga.gov.au=3D3D20
> **************************************************
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=3D09
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