I claimed a laptop as a fixed asset. It’s now broken. What can I claim?

If your laptop is no longer usable, you may be entitled to a balancing allowance.

Example:

• Laptop cost: €2,400
• Claimed over 3 years: €900 (3 × €300)
• Remaining value: €1,500
• You can claim €1,500 as a balancing allowance this year.

Important:

• Keep evidence the laptop is unusable.
• If you sold it for any amount, you need to subtract that amount from the balancing allowance.FastTax.ie makes it easy to claim your capital allowances each year.