I am buying a DVD player and I wondered if I can put it through as a business expense. Used to watch training DVD's. I work from home if that makes any difference.
Jon
DVD player as biz expense?
Jun 08, 2004
4 Replies
Sole trader, Ltd company, or employee?
I am sole trader.
If you only use it for business purposes, Yes.
If not, some restriction for personal use would be required.
Some/all of any Input tax can be reclaimed, if you are VAT registered.
If it is a 30 one, there shouldn't be too much problem as long as you are not also claiming a TV, HiFi, washing machine, etc. If it's more expensive, be prepared to be asked for the percentages of business and personal use.
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