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> Software as a service is good for my tax declaration Could you elaborate on that? When buying a permanent license you should be able to deduct the full sum a
by dvfjsdhgfv 6y ago
> Software as a service is good for my tax declaration
Could you elaborate on that? When buying a permanent license you should be able to deduct the full sum as a cost of doing business, it shouldn't matter if it's Saas or not.
- selectodude 6y agoYou have to depreciate permanent licenses as if they're any other durable good. With SAAS you can just write the whole thing off as a service. They get you to the same place, but SAAS does it with significantly less fuss.
- neltnerb 6y agoWait, isn't it inexpensive enough that you can deduct it all in the first year? It's been that way for a while I thought.
- gruez 6y ago>With SAAS you can just write the whole thing off as a service. They get you to the same place, but SAAS does it with significantly less fuss. Isn't this made up for by SaaS being cheaper (at least initially) than permanent licenses? eg. office 365 personal (SaaS) is $70/year, but office 2019 (perpetual) is $250 one time. I'm not sure what the "fuss" is.