Community

Consumables versus tools/working materials

SS
2023-11-05

Question

Hello,

I have only just started, so everything is still a bit of a search. I have started as a manufacturer of imitation jewellery, from resin, among other materials.

I assume that goods such as resin, dyes, glitter, screws, etc. fall under ‘Trade Goods’. But what category do materials and tools that you reuse, such as silicone moulds, pliers, lamps, etc., fall under? These are small costs, so no investments for the time being.

Thanks in advance!

I think you are applying that correctly.

I mainly use small materials & tools if your purchases cannot be specifically allocated to one sales item/project. Also, a maximum of £500 per purchase invoice.

Investments for larger purchases that last several years (machines, computers, mobile phones, etc.).

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

Proposal instead of quotation

Entering an expenses VAT exemption

Mobile phone purchases with Proximus

Submitting quarter social security contributions

How to set the payment method on an invoice created in Dexxter

Self-billing Luminus vAT with vAT exemption

Keeping receipts if they are in Dexxter

contribution to transport costs

Paid with a voucher

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