Advice please regarding domain names.

[Tevh]

Hi,

I would like advice regarding domain names. I have purchased 10 domain names for my business which need re-newing every 2 years. They cost £6.00 each.

For my corporation tax purposes, would I class these as capital allowances or expenses?

Many thanks for any advice.

[xoggoth]

Not totally sure but think the rule for websites is capital if used in business, current if just used to advertise. Assume domain names will go with that. At £60 every two years not sure is that important, accountants often treat small capital items as current expenses and I doubt the IR would be too bothered given the very small tax impact.

[Bluebird]

I treat them as business expense - same as business cards etc

[Tevh]

Thank you both for your help, I will treat them as an expense.