Depreciating the value of your equipment

[BOUNCINGNRG]

Over time equipment will need to be upgrade and chaged due to use and breakage, so how do you go about it? and do you work the deprediacion value into the costs you charge?

Cheers

[RedHotLama]

Section 179 on your taxes.

[tracknut]

I'm not as familiar with tax laws in the UK as RedHotLama... but I don't do it near as accurately as you imply in your question. I know about what I need to buy in capital for the year, I try to make a budget that is affordable within the constraints of my expected income, and then I buy what seems appropriate. I do not specifically incorporate depreciation into my pricing as any kind of line item.

Dave

[RedHotLama]

Didn't notice it was UK, section 179 is for US.