> Is it not all about "shelf life"?
> 

Yeah, this is what I think it's about.
If I buy a film camera / lights etc.. the tax man will only allow a small
proportion of the total cost to be deducted from my income tax bill as they
assume the equipment will have a resale value, this is true, but with
anything digital we all know by now that our �15K camera will be worth
nearer �4K after 3 years. One way round this is to lease the equipment and
hand it back to the lease company / shop at the end of the lease, since the
photographer would not own the equipment at any time and would in effect be
hiring it, then full 100% allowance should be possible.
Am I correct on this?

Cheers

Darrin Jenkins

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