Dear Sir/Madam, I would like to enquire under which category I should place the purchases of a trailer + tow bar? Thank you in advance for your help and advice! Kind regards, Cedric Hennequin
Our platform has all the tools you need to do your accounting yourself.
Our platform has all the tools you need to do your accounting yourself.
Our platform has all the tools you need to do your accounting yourself.
Our platform has all the tools you need to do your accounting yourself.
Dear Sir/Madam, I would like to enquire under which category I should place the purchases of a trailer + tow bar? Thank you in advance for your help and advice! Kind regards, Cedric Hennequin
We have answered your question here in a video: https://youtu.be/f_tsIQNf268
Dear Sir/Madam,
Thank you for answering my question here with a video. It makes everything much clearer!
Kind regards,
Cedric Hennequin
When purchasing a trailer, this is usually considered an investment. Since the total cost is usually more than €250 and the purchases will be used for a long time, it falls under the 'investments' cost category. In terms of depreciation, you usually apply a term of around 5 year, although this may vary depending on your own assessment.
You really should try it out for yourself. Even if you don’t have a company number yet, you can already go ahead.