Hello.
I'm registered as a sole trader and file a Tax Return every year.
This is the first year I will be purchasing a new Laptop to use solely for my self employment, as well as some software licenses.
When filing my Tax Return, can I deduct the full value of these items?
Or is it calculated somehow?
It's been a while since I completed the last return and can't remember whether or not there was a section for it, or how it was calculated.
Do I just deduct the full cost of these items from my taxable income?
Thanks in advance for any help.
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