UK Annual Investment Allowance

Joined
Nov 23, 2017
Messages
74
Reaction score
0
Country
United Kingdom
If I buy equipment for a limited company and claim it as being part of the annual investment allowance, where in the accounts will the cost of the equipment appear? Will it appear in the list of assets on the balance sheet? Will it be an expense and therefore listed on the income statement? Or wil it be listed as a contra asset?
 

Ask a Question

Want to reply to this thread or ask your own question?

You'll need to choose a username for the site, which only take a couple of moments. After that, you can post your question and our members will help you out.

Ask a Question

Members online

Forum statistics

Threads
11,854
Messages
28,009
Members
22,643
Latest member
arcomber

Latest Threads

Top