Economics
Can I write off mining equipment as a business expense?
| Expense | Tax Treatment (UK) | Benefit |
|---|---|---|
| Mining hardware | Capital Allowances (AIA) | 100% deduction in year of purchase |
| Electricity | Business operating expense | Deductible from revenue |
| Internet / hosting | Business expense | Proportional deduction |
| GPU resale | Capital disposal | Offset against original cost |
⚠️ Consult a tax professional for your specific situation.