Asset Purchase - Associated Costs Entry

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AndrewS_10865420
AndrewS_10865420 Member Posts: 1

Hello to all.

I have entered a loan, funds to bank account, then an asset purchase - using Journal.

I am now not sure what to do with the associated purchase costs associated. The purchase was property, the associated costs are; conveyancing (legal), fees and charges, stamp duty, bank execution costs etc.

Are these entered as expenses and then into All Other Expenses when submitting a Tax Return?

Thank you,


Andrew