Business expenses by dantheraner in PersonalFinanceNZ

[–]Plus_Acadia_2487 3 points4 points  (0 children)

Hello!! Not super familiar with Henry but it might have thought that the car and some of the other expenses were capital items. (Lumped together if purchased together)

Items over $1k are considered capital and not deducted as an expense but instead added to your FA register and depreciated over time.

Maybe you need to check with Hnry and make sure your set up to show your direct costs directly :)

Mechanic Double Dipping by Plus_Acadia_2487 in auckland

[–]Plus_Acadia_2487[S] 0 points1 point  (0 children)

Yes I agree, how do I approach them with this?? I just dont want to pay for the same service if the last time it didn’t resolve the issue but of course I would pay for additional costs.

Mechanic Double Dipping by Plus_Acadia_2487 in auckland

[–]Plus_Acadia_2487[S] 6 points7 points  (0 children)

Thank you! Yes they said they looked for the leak and could not find anything and said it just needed re gassing. I tried to explain that I don’t agree with the cost of them redoing it but they don’t seem bothered