Community

Entering a phone number as start-up costs

DC
2024-01-27

Question

Dear Sir/Madam, I have just started as a sole proprietor and need a telephone for my company (for contacting customers and camera). I have entered this as start-up costs and not as an investment so that I can enter it all at once instead of writing it off over 3 years. Is that correct or should I change this cost to an investment?

I would say it depends on the amount. If the professional part is more than £500, I would consider it an investment.

%antwoord%
Ask a question
Ask your question to the Dexxter community with over 27.000 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

Quarterly VAT return

Peppol costs

Expenses in British pounds

Margin scheme

Sales invoice and daily receipts?

Distinction between trade goods (inventory)

vAT exemption but still entered under company

Business gifts: who counts as a business relation?

Peppol invoices not received

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