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If I acknowledge it correctly, sole proprietors can still use declining balance depreciation under certain conditions.
Is it possible to depreciate an investment using declining balance in dexxter?
Thanks in advance.
If I acknowledge it correctly, sole proprietors can still use declining balance depreciation under certain conditions.
Is it possible to depreciate an investment using declining balance in dexxter?
Thanks in advance.
Hello,
It is indeed correct that sole proprietors are still allowed to use declining balance depreciation for the time being (which also implies a 328K declaration). However, this option is not available in Dexxter.
You really should try it out for yourself. Even if you don’t have a company number yet, you can already go ahead.