Limit on Capital Expenditure (or not)

I just spoke to Revenue because I have to buy some stuff for my home office. I'm looking at some office furniture which happens to be very expensive and wanted to ask them if there's a limit on what you can spend/claim as a CapEx for any individual item (there's a limit for cars, for example).

Revenue say that there's no limit on the expense, so long as it falls within the rules for capital expenditure. So I can buy a nice Mont Blanc pen (for 300 quid) or a bic pen (for 20c) and still claim 12.5% over 8 years (that may be a bad example b/c you'd probably claim the bic pen as an expense, rather than capital, if you claimed it at all, but you get my drift).

Does this make sense to people?

You are correct - the only limit is for cars.
Example - I'm sure the CEOs of major companies sit at expensive desks and have expensive office furniture, but usually a small business will make do. And capital allowances are allowable on these no matter the cost as long as the items fall within the rules.

Thanks Domo. That's mad (Ted).

Forget the Mont BLanc pen, the refills will cripple you

Graham_07 said:

Forget the Mont BLanc pen, the refills will cripple you

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There should have been a after that post but I seem to have lost my edit post button