Discuss everything related to paid childcare here, including childminders, nannies, nurseries and au pairs.
CM CLUB Can this go through my accounts or am I pushing my luck?
OFSTEDoutstanding · 21/08/2007 09:27
Hi I have just spent alot of money on a new computer for business use and use by mindeees, can it go through my accounts, it will only be used for business and children as we have a different one upstairs that we use for personal as we are fed up with older mindees messing up our files etc. What do you think can I do it?
jura · 21/08/2007 10:56
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ChasingSquirrels · 21/08/2007 14:30
definately capital allowances - which works on a reducing balance basis 25% each year. But first year allowances are currently 50% so you get that in the first year then 25% thereafter. So;
yr 1: 50% (leaving 50%)
yr 2: 25% of 50% ie 12.5% of cost (leaving 37.5%)
yr 3: 25% of 37.5% ie 9.375% of cost (leaving 28.125%)
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