i would think so, because your are building a full computer
Personal relief Income tax, legally, reduce income tax
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 Sep 29 2009, 12:37 PM
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4,299 posts Joined: Sep 2006 From: Your girlfriend's bed  
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Apr 14 2011, 10:20 AM
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hi guys, for business expense for sole proprietorship, I heard that there are expenses which can claim 40% and there are those which can claim 100%.
let's say I have a music studio, I bought a piano for RM10,000 to rent out for business. Is that considered full business expense? what about office supplies, like stationaries, computers , or company van for transportation of goods ? |
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Apr 15 2011, 06:15 PM
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QUOTE(shadow_dweller @ Apr 14 2011, 09:34 PM) Some expenses are split because not all is used for business purpose. Hence it is apportioned according to % use for business and private use. The piano you bought will be deemed more like an asset. So does the computers and company van. Assets can qualify for CA according to their own rates. Stationaries is not asset. Just allowable business expenses. Hope this info helps. thanks shadow! even if the business income is generate by renting out the piano it is considered an asset? cause my business is mainly rental.  |
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