#42 How can high-value assets be deducted in your company?

15/07/2024 9 min Temporada 1 Episodio 42

Listen "#42 How can high-value assets be deducted in your company?"

Episode Synopsis

Are you considering buying new machines, vehicles, or other high-value assets for your business? 🤔

In this episode, we will discuss the rules of cost deduction of high-value assets and you will learn about the different types of these assets. 📊

Join us and learn how to keep your business finances in order! 🎙️

🚀 Content:
00:00 - Intro
00:22 - Welcome
03:50 - High-value assets and their cost deduction
04:10 - Tangible assets
04:43 - Intangible assets and examples
06:12 - Financial investments
06:58 - Individual record-keeping and spreading costs
08:35 - Closing thoughts

The main takeaways from this episode:
📌 The cost of high-value assets should be spread over several years, reflecting their gradual depreciation.
📌 Individual record-keeping of assets is essential for accurate accounting.
📌 Financial investments and intangible assets are also important components of a business’s finances.

​​▶️ Useful links for the episode:
Anlægsaktiver – Hvad er et anlægsaktiv? https://dinero.dk/ordbog/anlaegsaktiver/

🦉 Cool Accounts ApS
Get the most out of your business!
Leave the bookkeeping and tax matters to a specialist!
https://accounts.cool/en/

More episodes of the podcast Business Lessons in Denmark