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Road tax and insurance for first year

Forums › ACCA Forums › ACCA FR Financial Reporting Forums › Road tax and insurance for first year

  • This topic has 2 replies, 2 voices, and was last updated 5 years ago by beth33.
Viewing 3 posts - 1 through 3 (of 3 total)
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  • October 16, 2019 at 3:15 pm #549760
    kareneqq
    Participant
    • Topics: 6
    • Replies: 2
    • ☆

    Road tax and insurance for first year can we capitalize?

    October 19, 2019 at 5:55 pm #550196
    kareneqq
    Participant
    • Topics: 6
    • Replies: 2
    • ☆

    Anyone know the answer?

    October 22, 2019 at 2:47 pm #550453
    beth33
    Member
    • Topics: 3
    • Replies: 43
    • ☆

    No, they’re expenses not part of the addition therefore don’t capitalise.

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