What expense category does furniture come under?
There is no definitive answer to this question, as it can depend on the business and the type of furniture being purchased. However, common expense categories for furniture include:
This is the most common category for furniture expenses, and usually includes items such as desks, chairs, and filing cabinets. These items are essential for most businesses, and so are typically considered a business expense.
If the business is based from home, then any furniture purchased for use in the home office can be classed as a business expense. This could include items such as a home office desk or chair.
There may be other types of furniture that could be considered a business expense, depending on the business and the item in question. For example, a piece of art or a sculpture could be considered a business expense if it is used for business purposes (such as being displayed in the reception area).