UK Capitalise Software


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Adobe Acrobat to be precise and a material cost - £411 excluding VAT.

Capitalise? What are the rules on this type of expenditure?
 
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Fidget

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Sounds like you've purchased a licence to use the software. In which case treat the cost as a prepayment and apportion to the P&L in equal instalments over the period that the licence runs.
 
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