Storage Shed
Haggis
Registered Posts: 40 Regular contributor ⭐
Hi - would really appreciate anyones help with this one please -
My client has bought a large shed to store his work tools in - should I treat this as an asset or include it in his normal business expenses for that year ?
many thanks
My client has bought a large shed to store his work tools in - should I treat this as an asset or include it in his normal business expenses for that year ?
many thanks
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Comments
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What is the value of the large shed and how many years does your client think the shed will last for (temp or several years)
Answering these 2 questions will help you decide if it is to be an asset or expense.0 -
Hi - he purchased it for £529 - expect to last approx 5 years, thanks0
