Re: Small linux system

From: Lawrence DčOliveiro (ldo_at_geek-central.gen.new_zealand)
Date: 12/29/03


Date: Mon, 29 Dec 2003 23:39:16 +1300

In article <DocHb.14604$ws.1473179@news02.tsnz.net>,
 "pete" <fiffan@hot-shot.com> wrote:

>I've still got my Microcom 28.8 simply cos the invoice shows the thing cost
>$900 and I just can't drop that much in the bin :-(

Why not? As I recall, the IRD allows 30% straight-line depreciation per
year on computer equipment. So if that thing is more than 3 years old,
it's worth essentially nothing.

You _have_ been deducting depreciation for it off your tax, haven't
you...?