Welcome to the Cake Decorators Q&A
Depreciation
Just watching the set up costs lesson and wondering whether I should depreciate all the equipment like rolling pins, cutters etc or whether it would just be the more expensive things like the oven, mixer, laptop? Thanks
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I agree. When I ran pubs, we could only depreciate capital items, carpets, kitchen fittings, etc etc, whereas curtains and pictures were not covered . It’s only really the assets of the business, items that could be sold, can be depreciated, including delivery vans or your company car if you have one.
