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Re: Euro-lights: S2 Style
>In message <941203232325_5121889@aol.com> Nivi@aol.com >writes:
>> I was just wondering whether the UK's lighting is the same >>as the
Continent's.
Phil@sievers.demon.co.uk (Phil Payne) replies:
>No. We drive on the other side of the road - the prismatic >reflectors
formed
>into the lenses deflect the dipped beam to the left.
Quite right, I forgot about that!
>If you decide to source
>lights from Europe, make it mainland Europe - they drive on >the wrong side
of
>the road, just like you.
Excuse us...we just seem to be right-handed. (to utilize the stick shift)
>> PS: I think that one is only allowed to deduct between $ 0.33 >>to $ 0.37
per
>> mile for tax purposes here in the US. But I guess you have >>25% VAT added
in
>> on everything, plus your petrol is much more expensive as >>well!
>It's not a tax deduction - it's expense reimbursement. I pay >all my
private
>mileage, which isn't a lot in the quattro. VAT is currently >17.5% - petrol
is
>subject to other taxes and duties - about 86% of the pump >price is tax.
The tax deduction over here is allowed when one uses their personal car for
business in order to cover wear and tear, petrol, tires, insurance, etc. It's
mainly used when one is self-employed, and is not being reimbursed for their
mileage.
BTW, this is what John Greenstreet said, so I may be misinformed, and will
utilize this info from now one! Too bad I didn't know about it 6 years ago! :
>I am not aware of any such limit,
(the $ 0.33 approximated deduction)
> and I don't believe the IRS is
>either, as I have been audited twice (both times their >mistake, not
>mine or my accountant's), and neither time has there been a >problem
>with deducting around 80 cents per mile.
Other reimbursement rates I have encountered (in the US):
$ 0.24/mile (not enough to fully compensate for expenses)
$ 0.33/mile (better, but barely. If one drives a very
inexpensive vehicle)
Take care,
Nivi@aol.com