Have been following this thread with interest.. Is not the best way (with Computer equipment that is 100% tax deductible in the first year) to own the kit outright so that you can benefit from the 100% Tax break ? Would this not preclude any HP (or other) scheme that went over a tax year period as you would not be the legal owner of said kit in the year that you were making the 100% Capital Allowance ? So does it not stand to reason that with the present system its most 'tax efficient' to pay for the kit and end up owning it pretty quickly - e.g. acquisition and outright purchase to occur in same tax year ? Sorry if this makes no sense. Any advises most welcome. Regs, D
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