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To capitalise or not

  • 23-07-2009 10:50am
    #1
    Registered Users, Registered Users 2 Posts: 881 ✭✭✭


    In a scneario where you are fittting out your office and you receive one invoice for the equipment and one invoice for the labour. Are both elements of the fit out eligible for capital allowances i.e. equipment and labour?


Comments

  • Closed Accounts Posts: 1,072 ✭✭✭Dan Chipowski


    censuspro wrote: »
    In a scneario where you are fittting out your office and you receive one invoice for the equipment and one invoice for the labour. Are both elements of the fit out eligible for capital allowances i.e. equipment and labour?

    Yes.


  • Registered Users, Registered Users 2 Posts: 109 ✭✭Cookie89


    censuspro wrote: »
    In a scneario where you are fittting out your office and you receive one invoice for the equipment and one invoice for the labour. Are both elements of the fit out eligible for capital allowances i.e. equipment and labour?

    Yes the work carried out to bring it into use is included as is and delivery charges incurred also, therfore capitalise the total amount.


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