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Posted: Fri Nov 09, 2012 5:36 am Post subject: Online self assesment
Hi everyone,
I`m in need of some advice.
I`ve started an ebay business in September 2011 and I`m currently trying to complete my 1st self assesment. It supposed to be fast & easy...Well, it`s not!
First I would like to ask where to include expenses such as: desktop lamp £10, chair £10, coin reference books £20-40 each. Should I treat them as day to day cost of business or rather as assets and put them to Annual Investment Allowance?
Secondly, what about things like computer, printer, camera, desk, scanner which I`ve already owned. Should I simply add up value, take off non business proportion? But which allowance window it goes to? _________________ declaring bankruptcy
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