A walk in the park

Business accounting for non-accountants

All news » Corp Tax articles

Corp Tax and Vat on Fixed Assets

Fixed assets are considered all assets that are not consumed during the course of business; these can be buildings, lands, equipments, cars or other items. In accounting terms, the term “fixed” does not mean that the asset is immovable; some of the fixed assets may actually be moved. As a general rule, any asset that…

More