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Old 31st January 2008   #2 (permalink)
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Computer hardware & components - capital
Server hardware & components - capital
Rackspace rental - expense
Server rental - expense
Software rental(such as helpdesk software) - expense
Domain registration - expense

Basically if you pay for a service it will be an expense. If you pay for something of value that you can keep, it's a capital purchase and should be treated that way.

If you register a domain for a long long period you may be able to treat it as a capital item, check with your accountant.
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