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kingpleb



Member Since: 07 Jun 2011
Location: Maybe here. Maybe there, I get everywhere!
Posts: 8455

United Kingdom 2005 Range Rover Vogue Td6 Bonatti Grey
Question for an accountant...

Mobile phone depreciation, is it calculated at the same rate as say a laptop or printer and fully depreciated over around 3 years or is it down to each company how much it depreciates its own assets? FFRR MY06 facelift With TDV8 Alloys Zeros/ATR's
Mantec Sump Guard, Rigid Load liner, MY10 BT upgrade.

Post #346983 10th Sep 2015 11:39am
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pjb



Member Since: 15 Feb 2010
Location: Sunny Oxon
Posts: 244

England 

Down to each company , although for Ltd companies have to comply with accounting standards.

Often are 20% straight line.

Tax allowances are 18% but up to 31.12.2015 most business can claim up to 100% FYA for first £1/2m of qualifying assets.

Excludes car except those that have emissions under 75g/km Paul
L405 now sold

Post #347034 10th Sep 2015 2:39pm
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kingpleb



Member Since: 07 Jun 2011
Location: Maybe here. Maybe there, I get everywhere!
Posts: 8455

United Kingdom 2005 Range Rover Vogue Td6 Bonatti Grey

Excellent, thanks fella 👍 FFRR MY06 facelift With TDV8 Alloys Zeros/ATR's
Mantec Sump Guard, Rigid Load liner, MY10 BT upgrade.

Post #347046 10th Sep 2015 3:37pm
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