Our platform has all the tools you need to do your accounting yourself.
Our platform has all the tools you need to do your accounting yourself.
Our platform has all the tools you need to do your accounting yourself.
Our platform has all the tools you need to do your accounting yourself.
I have an invoice from the purchase of three machines, which comes to £1,200. I read that amounts over £1,000 are required to be written off.
I also have an invoice from 800 euros, which I assume I can claim as an expense. Under which heading?
Who can help me with this? Thank you!
At Dexxter, they actually recommend stopping all your costs from €250 upwards in your depreciations. And if that concerns machines that you are going to use for a long time, I would definitely do that. The tax authorities also use that threshold of +/- €250. The €1000 threshold applies to VAT administration. For vAT declaration, this only applies to investments above €1,000. I have never heard of €1,500 myself. It seems like a very large amount to me.
You really should try it out for yourself. Even if you don’t have a company number yet, you can already go ahead.
