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nckbooks


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capital allowance - Expenditure on new premises !
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Hi Everyone,

I have a client who has just opened a second shop and we need to, ideally capitalise expenditure. A till has been bought and I know this can be capitalised as per capital allowance process. There is a lease on the software used to run the till. How do i treat it?

How about the furnishing expenditure? The total amount to  more than five hundred pound. Can it be capitalised?

Kind Regards,

xxx



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pDm


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How long does the lease run between each invoice/renewal date?

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nckbooks


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Hi,

 

The lease is for 36 months and each invoice is renewed every twelve months.

Thanks,

 

xxx



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