Community

Depreciating tool drawers

SV
2024-11-22

Question

Hello,

I would like to depreciate my tool drawers over 3 years. Is this allowed? I didn’t buy the best quality and suspect that after 3 years the best will have worn from it…

Or will the tax authorities say that this must be at least 5 years?

Thank you!

Hello, fellow entrepreneur here (so not an expert). You may find your answer in this article: https://dexxter.be/investering-afschrijven-hoe-doe-je-dat-boekhoudkundig. From what I can gather, the value and estimated lifespan of your tool drawers will be the main determining factors. From the article, I understand that you are making this decision as a good manager. If your decision is logical and justifiable, then I suspect (hope) that the tax authorities will also be able to see the logic behind it.

Good luck!

Hello, I can follow your reasoning. As with many things, it is open to interpretation :-)

Thank you for your answer!

Ask a question
Ask your question to the Dexxter community with over 25.000 sole traders and verified Dexxter experts.

30-day free trial. No credit card required.

You really should try it out for yourself. Even if you don’t have a company number yet, you can already go ahead.

Community

Other questions from the community

Older invoices

Entering home nursing supplies

ING costs

No fuel receipt, paid with Mastercard

Mileage allowance for cycling

Glasses web design

phone number subscription

Switching from a private to a business account

The customer wants a different template from the sales invoice.

Unfortunately! Our community is currently only open to people who are starting a trial period on Dexxter

Unfortunately! Our community is currently only open to people who are starting a trial period on Dexxter