On Thu, 16 Apr 2009 22:20:33 Paul Bennett wrote: > > Almost every self employed person knows the answer to the above. Look in > > "Rich Dad, Poor Dad". > > Which is a load of crap by the way: http://www.johntreed.com/Kiyosaki.html > > Kiyosaki is a crook and has been caught lying more than once. For a > "rich man" he sure works hard hawking poor, inaccurate, and sometimes > plain illegal advice.
I am not recommending his book, though the part I was referring to is certainly legit - just go and read the IRD's website if you want... Having said that your statement sounds like baloney unless you're willing to back it up. I have read part of the book and I am not aware of any problems with it. Anyway, the crux of the matter is this- Employees earn money, get taxed and spend the balance. Companies earn money, spend some and get taxed on the balance. Go and ask the IRD if you want - they're happy to point anyone to information outlining several legitimate business-tax deductions that employees can't access. --~--~---------~--~----~------------~-------~--~----~ NZ PHP Users Group: http://groups.google.com/group/nzphpug To post, send email to nzphpug@googlegroups.com To unsubscribe, send email to nzphpug+unsubscr...@googlegroups.com -~----------~----~----~----~------~----~------~--~---
