I do programming as a hobby, and it's not out of the question that some day I'll make something that will be sold. Can I claim my gaming PC and my homelab as business expenses? As well as my electricity and intenet?
I'm not an expert on tax, but I can tell you from personal experience that for the company that I run, with me being the only employee, I claim anything related to the business. The grey area is what percentage it's used for the business, I'm not sure on that part. I have a separate laptop I use for the business and when I purchased it I claimed it 100 percent. Like stated though keep your receipts to cover your ass.
I do programming as a hobby, and it's not out of the question that some day I'll make something that will be sold. Can I claim my gaming PC and my homelab as business expenses? As well as my electricity and intenet?
I'm not an expert on tax, but I can tell you from personal experience that for the company that I run, with me being the only employee, I claim anything related to the business. The grey area is what percentage it's used for the business, I'm not sure on that part. I have a separate laptop I use for the business and when I purchased it I claimed it 100 percent. Like stated though keep your receipts to cover your ass.