Advertisement
If you have a new account but are having problems posting or verifying your account, please email us on hello@boards.ie for help. Thanks :)
Hello all! Please ensure that you are posting a new thread or question in the appropriate forum. The Feedback forum is overwhelmed with questions that are having to be moved elsewhere. If you need help to verify your account contact hello@boards.ie
Hi all! We have been experiencing an issue on site where threads have been missing the latest postings. The platform host Vanilla are working on this issue. A workaround that has been used by some is to navigate back from 1 to 10+ pages to re-sync the thread and this will then show the latest posts. Thanks, Mike.
Hi there,
There is an issue with role permissions that is being worked on at the moment.
If you are having trouble with access or permissions on regional forums please post here to get access: https://www.boards.ie/discussion/2058365403/you-do-not-have-permission-for-that#latest

Is a website a capital expense?

  • 21-05-2007 7:10pm
    #1
    jonnybax
    Closed Accounts Posts: 11 ✭


    If one was to start an internet business, the website being the main form of income, would it be classified as an asset and thus a capital expense?


Comments

  • #2
    Jakey
    Closed Accounts Posts: 105 ✭✭Jakey


    Intangible non current assets are generally only recognised and amortised if they are purchased externally, If they are internally generated they are not recognised.

    So if you buy the website (pay for it to be built) it could be recognised.


  • #3
    karangka
    Registered Users, Registered Users 2 Posts: 57 ✭✭karangka


    Certain parts of website development cost could be capitalise. Its not true that all cost relating to developing website (for own use) are treated as profit and loss expenses.

    See UITF 29: http://www.frc.org.uk/images/uploaded/documents/328.pdf


Advertisement