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burble · 1st February 2008

Software is an expense if it has a life expectancy of under two years, otherwise it is capital. So says the HMRC.

Hardware is business machinery, so is capital.

Probably a bit late for this year though - only 11 hours and 30 minutes left to submit

1st February 2008	#10 (permalink)
burble Trusted User (413) Platinum User Join Date: Jun 2006 Posts: 401	Software is an expense if it has a life expectancy of under two years, otherwise it is capital. So says the HMRC. Hardware is business machinery, so is capital. Probably a bit late for this year though - only 11 hours and 30 minutes left to submit __________________ Registered User