[dai]

You guys that bought and SL2 or other expensive pole.
Did you put it through your books as an expense or capital asset?

[Tosh]

Dai,

I would work this out as how many years I would expect it to be in service.  For example if it were to last for 3 years, I'd divide the total sum by 3 and put a third through over 3 years.

If it was the SLX, I'd probably just put that through as lasting for one year, but I'm not sure how long a SL2 would last.

I'm not saying this is the correct way to do it, but that's the way I would do it.

[dai]

Cheers Tosh, I wish I had followed the advice you gave last year, and filed my own tax return.

[Smudger]

If the item is to last over a year it is capitol asset

And you can claim 100% of the cost back in one go -     this is for small business

but you can double check with accountant.


Darran