With the prolonged life expectancy of LED lights over normal lights, should the expense be capitalised, or written off immediately?

Good day All

If I may ask (excuse my ignorance) what is generally  the useful lifespan of a led light? Secondly what on average is the price tag of a led light?

LEDs have a general life expectancy of 50 000 hrs. If you use your lights for 10 hours a day, this should be 13.7 yrs.

Tough question, R 40 to R 800, just depends

Hi Dieter

Thanks for the info.

Certainly, from a lifespan point of view, one may have to consider capitalising the lights.

However, for income tax purposes, Interpretation note 47(paragraph 4.3.5) allows a taxpayer to write off small items with a value of less than R7000.00, to be written off in the year such assets acquired/brought into use.