On Necessary Expenses, Or It’s Better To Be An American Right Now

By Booksquare • June 5, 2006 • 3 Comments

A Revenue source said: â€œThe Revenue believes that the law only allows actors, singers, musicians and dancers to claim that agents are a necessary business expense. Therefore, it is seeking to recover tax from other entertainers, sportsmen, authors and anyone else who has written off the expense of their agents.

Brown targets celebritiesâ€™ tax perk

3 thoughts on “On Necessary Expenses, Or It’s Better To Be An American Right Now”

KathyF
6/5/2006 at 12:50 pm

Here I was going to model my next hero after Gordon Brown. Hummph!
Booksquare
6/5/2006 at 8:59 pm

Kathy, you know I rarely suggest medical attention, but now may be the time…
SusanGable
6/6/2006 at 7:42 am

Yeah, authors just love to fork over 15% of their earnings to agents because they just LIKE TO, not because it’s a “necessary” part of doing business. And ya know, most authors make the BIG BUCKS like JK Rowling. Sheesh. Of course, I’m not surprised. Just proves that politicians of any country don’t believe in doing homework before they open their big mouths.

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