Community

Start date of depreciation if you started halfway through the year

ADC
2023-07-02

Question

Hello,

I read that as a sole trader, it can be advantageous to start your depreciation on 1 January of the year, even if your purchase took place later in the year. I question whether this is also allowed if you had not started on 1 January (but, for example, only in June? The app allows it in any case…

Anouck

That doesn't seem to be a problem to me... Because what would be the difference between starting on 1 January and buying later in the year and still writing off from 1 January? That seems just as 'fictitious' to me as starting on 1 March, buying later in the year and still writing off from 1 January.

I understand that it adds an extra dimension, but in both cases it's still 'fictitious' :)

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

Bulk daily receipts function

Keeping track of appointments in the calendar?

What do I enter as a make-up artist, hairstylist and spray tan artist?

EU company charges foreign vAT

vAT exemption to subject to VAT: how to switch just before 25,000?

Customer list

Physiotherapist income

Office space contribution taxes

Linking an account to Dexxter

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