Skip to main content

This is a new service – your feedback will help us to improve it.

Posted Sat, 29 Apr 2023 15:59:22 GMT by
I find conflicting advice online regarding the tax treatment of a laptop or company computer for a Ltd Company. I won't share links but please take my word for it that there are 2 schools of thought: i) a company computer is a Capital Asset; ii) a company computer is an Expense, and reduces taxable corporate profits. Is anyone able to clear this up once and for all? Kind Thanks
Posted Wed, 10 May 2023 14:12:26 GMT by HMRC Admin 20
Hi CabbageKelly,

A computer is classed as a capital asset of a company.
The company can usually claim capital allowances on items of plant and machinery.
Go to Claim capital allowances for more information.

Thank you.

You must be signed in to post in this forum.