I started my business in the second quarter of this year and purchased a tablet that is used 100% for business purposes. Can I start depreciating this tablet from the first quarter? So before I started my business. Dexxter allows this, but I would like to check.
My second question is: from what amount is depreciation required? I need to buy a lot of hand tools for my business, such as screwdrivers. Do these need to be depreciated or not? If so, over what term?