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Or get a £1700 laptop and £300+ of accessories (dock, kensington lock, vga and lan adaptors, etc, etc), but make sure its all on the same invoice.
Its debatable whether or not that would qualify...HMRC do give an example of a computer "package" which I would take to mean as a computer + accessories being specifically sold as a package by the supplier. If they aren't genuinely part of a package, then if you're buying multiple items I'd have thought they would all have to be capital assets for the entire purchase to qualify. Ask your accountant.
Have you ever tried running Eclipse, compiling a Java project or running virtual machines? At the very least you want as much RAM as you can get, and a whizzy multi-core processor doesn't hurt either.
Have you ever tried running Eclipse, compiling a Java project or running virtual machines? At the very least you want as much RAM as you can get, and a whizzy multi-core processor doesn't hurt either.
Originally posted by TheCyclingProgrammerView Post
Its debatable whether or not that would qualify...HMRC do give an example of a computer "package" which I would take to mean as a computer + accessories being specifically sold as a package by the supplier. If they aren't genuinely part of a package, then if you're buying multiple items I'd have thought they would all have to be capital assets for the entire purchase to qualify. Ask your accountant.
It must be a single purchase of capital goods with a VAT-inclusive price of £2,000 or more. That doesn't mean you are restricted to claiming back the VAT on a single item - for example, you could buy a pizza oven, fridge and dishwasher, as long as you buy them at the same time from the same supplier and the price is more than £2,000 including VAT
It must be a single purchase of capital goods with a VAT-inclusive price of £2,000 or more. That doesn't mean you are restricted to claiming back the VAT on a single item - for example, you could buy a pizza oven, fridge and dishwasher, as long as you buy them at the same time from the same supplier and the price is more than £2,000 including VAT
Thanks for posting a quote that basically backs up what I just said.
I'm aware it isn't restricted to a single item. It must be a single purchase of capital goods. All of the items in that example are capital goods. Accessories generally aren't capital goods so unless they are bought as part of an overall package, just buying lots of individual (non-capital) items to make the invoice total up to £2k doesn't qualify.
In the thread you linked to, Clare says pretty much exactly the same thing:
In my view that means you can buy a package deal that includes various items, but you cannot just buy a lot of little things that would usually be consumables (and written off to the P&L) just to make it £2,000.
Which is what it seemed like you were suggesting when you said you could just buy £300 of bits and bobs to make up the invoice total.
But feel free to do whatever you think you can get away with if HMRC come poking.
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