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 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

Tax returns - expenses question

BarneyMc · 2018-10-29 21:05:16

I'm doing my dad's tax returns and he got some gates and posts this year for the farm. Can these be considered as expenses and if so do these come under 'repairs' or 'other' in the Expenses part of the Form 11 tax return?

29-10-2018 9:05pm

#1

BarneyMc

Registered Users, Registered Users 2 Posts: 1,504 ✭✭✭

Join Date: October 2008

Posts: 1366

I'm doing my dad's tax returns and he got some gates and posts this year for the farm.

Can these be considered as expenses and if so do these come under 'repairs' or 'other' in the Expenses part of the Form 11 tax return?

0

Comments

#2 29-10-2018 9:29pm

Victor

Registered Users, Registered Users 2 Posts: 78,579 ✭✭✭✭

Join Date: December 2000

Posts: 68940

Are they replacing existing gates?

Completely new gate opening with new gate -> capital expenditure -> capital allowances

New gate replacing old gate -> renewal -> capital allowances??

Repair to existing gate -> repairs -> current expenditure.

You might get better information here: https://www.boards.ie/vbulletin/forumdisplay.php?f=1208

0
#3 29-10-2018 10:33pm

Cavanjack

Registered Users, Registered Users 2 Posts: 2,685 ✭✭✭

Join Date: June 2011

Posts: 2658

Vat can also be reclaimed on gates even if not registered for vat

0