Plant and Equipment
Question asked by James Cartwright 11 years ago
I've listed some computer purchases for my business under 'plant and equipment' and have noticed that they don't appear in the profit/loss statement. Because they were not in the list i've not put them down as an expense on my tax return. Is there are reason for this?
So basically if i want to write off the computer equipment in a single year rather that depreciating it, should I list it as 'materials' or something else?
Thanks, James