- Original Poster
- #1
Hi there!
Next month April, I intend to register my small home business (and finally be up and running!).
I had planned on doing this in December 2014. Due to family issues, I had to put my business start-up on hold.
At that time I had spent a small fortune on conventional fixed business assets, which have NEVER been used and come with their original receipts. These fixed assets had been in storage since late December 2014 - until now.
When it comes to drawing up my business accounts for next year, is it possible to claim these assets as a business expense - or would that be unlikely? (even thought I will be using them in running my business on a day to day basis).
Thanks to all those who reply
Bluechipbob
Next month April, I intend to register my small home business (and finally be up and running!).
I had planned on doing this in December 2014. Due to family issues, I had to put my business start-up on hold.
At that time I had spent a small fortune on conventional fixed business assets, which have NEVER been used and come with their original receipts. These fixed assets had been in storage since late December 2014 - until now.
When it comes to drawing up my business accounts for next year, is it possible to claim these assets as a business expense - or would that be unlikely? (even thought I will be using them in running my business on a day to day basis).
Thanks to all those who reply
Bluechipbob
