We bought a new computer and with it an extended warranty (total 3 years = one year's manufacturer and 2 years extension with insurer), and a Norton anti-virus for 3 years.
We understand that we have to depreciate the computer for 4 years (straight line) - I think this is correct?
But, we are not sure if we can claim the costs of both the extended warranty and the anti-virus software in one year? Or, if we have to apportion the costs over the 3 years cover period?
Any thought or comment would be much appreciated!
We understand that we have to depreciate the computer for 4 years (straight line) - I think this is correct?
But, we are not sure if we can claim the costs of both the extended warranty and the anti-virus software in one year? Or, if we have to apportion the costs over the 3 years cover period?
Any thought or comment would be much appreciated!