Thanks for the confidence Pioupiou but not sure my previous post is 'the answer'!!
It was based on a conversation with a friend who took over the lease for a small business. The contract did not include a Depreciation Schedule so his accountant suggesed he estimate his own Depreciation Schedule. His accountant then suggested he pool the assets and use the 'Instant Tax Writeoff' to fully expense the pooled assets (he had significant income in that financial year to offset). But his first set of accounts for the small business showed a line item for 'Depreciation' as if the pooled assets had not been expensed. That is the extent of my knowledge!
Historically, NWH has accumulated Cash and then made an acquisition to:
- increase D+A
- reduce EBIT and Net Profit
- reduce Tax and Dividends
This time around NWH is simply using its cash build up to buy equipment which it then fully expensing so it pays no tax.
Is this a better approach than an acquisition? I hope the answer is 'yes' as they have adopted this approach until 2025!
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Thanks for the confidence Pioupiou but not sure my previous post...
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1 | 1328 | 3.440 |
1 | 1328 | 3.430 |
Price($) | Vol. | No. |
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3.530 | 1328 | 2 |
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