EPISODE · Jul 8, 2024 · 10 MIN
#41 How can low-value assets be deducted in your company?
from Business Lessons in Denmark · host Cool Accounts ApS
Do you need a vacuum cleaner, a desk, or a printer for your company? How can you deduct your work tools as expenses? 🤔 Rezső received another order, but for this task, he will need a drone to take aerial shots.🎞️ But what rules apply to deducting the expenses of work tools? What is the difference between low-value and high-value assets?🔧 🚜 In this episode, we discuss all this, and we even have some good news for Rezső at the end.💡 Join us to learn about the possibilities and rules related to another common challenge! 🎙️ Key Takeaways from the Episode: 📌 Small-value assets can be immediately deducted as expenses if their value does not exceed the threshold. 📌 Individual record-keeping and spreading costs over several years are only necessary for high-value assets. 📌 It is important that assets can be used independently for deducting them in one go. ▶️ Useful links for the episode: Småanskaffelser og aktiver – hvad er forskellen? https://dinero.dk/tips/smaaanskaffelser-og-aktiver/ 🦉 Cool Accounts ApS Get the most out of your business! Leave the bookkeeping and tax matters to a specialist! https://accounts.cool/en/
What this episode covers
Do you need a vacuum cleaner, a desk, or a printer for your company? How can you deduct your work tools as expenses? 🤔 Rezső received another order, but for this task, he will need a drone to take aerial shots.🎞️ But what rules apply to deducting the expenses of work tools? What is the difference between low-value and high-value assets?🔧 🚜 In this episode, we discuss all this, and we even have some good news for Rezső at the end.💡 Join us to learn about the possibilities and rules related to another common challenge! 🎙️ Key Takeaways from the Episode: 📌 Small-value assets can be immediately deducted as expenses if their value does not exceed the threshold. 📌 Individual record-keeping and spreading costs over several years are only necessary for high-value assets. 📌 It is important that assets can be used independently for deducting them in one go. ▶️ Useful links for the episode: Småanskaffelser og aktiver – hvad er forskellen? https://dinero.dk/tips/smaaanskaffelser-og-aktiver/ 🦉 Cool Accounts ApS Get the most out of your business! Leave the bookkeeping and tax matters to a specialist! https://accounts.cool/en/
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#41 How can low-value assets be deducted in your company?
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