laptop as a tax expense
laptop as a tax expense
Out of context: Reply #1
- Started
- Last post
- 8 Responses
- ********0
From http://www.hmrc.gov.uk/helpsheet…
Annual Investment Allowance
You can claim a new capital allowance called an ‘Annual Investment Allowance’ (AIA) if you bought equipment (but not cars) on or after 6 April 2008 up to an annual amount of £50,000. This allowance has replaced the 50% and 40% first year allowances that were available on the cost of equipment in previous years to
small and medium sized businesses (see page 12). Add the cost of all the equipment together and, if the total cost is £50,000 or less, you can claim 100% of that whole amount as your AIA.