C cork Registered User Messages 351 29 Jun 2011 #1 A lady that I work with asked me today about her tax return. It is a basic income + expenditure account. She forgot about capital allownaces on the fixtures + fittings - Fridge, washing machines, tv etc. Is this calculated at 15% per year?
A lady that I work with asked me today about her tax return. It is a basic income + expenditure account. She forgot about capital allownaces on the fixtures + fittings - Fridge, washing machines, tv etc. Is this calculated at 15% per year?
K kennyb3 Registered User Messages 269 7 Jul 2011 #3 mandelbrot said: 12.5% p.a. Click to expand... Correct. But note this is only for original fit out and improvements. The replacement/repair/maintenance of such items should be expensed in the year.
mandelbrot said: 12.5% p.a. Click to expand... Correct. But note this is only for original fit out and improvements. The replacement/repair/maintenance of such items should be expensed in the year.