dark horse
Registered User
- Messages
- 13
I am just wondering with capital expenditure for bought in 2012, is it taken into account what month the expences occurred?
My accountant wants to apportion the capital expenditure according to the dates but I thought that 12.5% of the whole amount of the expence could be deducted....that if it was bought in march 2012 or nov 2012 wasn't relevant?
My last accountant didn't do this.....does anyone know for a fact how it is calculated. If I look at the revenue website it just calculates 12.5% of the cost occurred during the relevant year.
My accountant wants to apportion the capital expenditure according to the dates but I thought that 12.5% of the whole amount of the expence could be deducted....that if it was bought in march 2012 or nov 2012 wasn't relevant?
My last accountant didn't do this.....does anyone know for a fact how it is calculated. If I look at the revenue website it just calculates 12.5% of the cost occurred during the relevant year.