8 ms·
I might be wrong, but I thought he was factoring in all the equipment he bought in that first year in that calculation? So next year you wouldn't have that cost
by dageshi 5y ago
I might be wrong, but I thought he was factoring in all the equipment he bought in that first year in that calculation? So next year you wouldn't have that cost.
- wing-_-nuts 5y agoIsn't it standard practice to amortize the cost of capital goods over their lifetime?
- tonyedgecombe 5y agoIf it's after tax profit they were talking about then you can claim an annual investment allowance of £1 million. https://www.gov.uk/capital-allowances/annual-investment-allowance https://www.gov.uk/capital-allowances/annual-investment-allo...