iphone apps tax treatment

Tax and accounting treatment of Iphone/Ipad/Android apps

17th January 2012

This is a burgeoning industry and many developers are confused about the tax aspects. Broadly, the tax treatment follows that of websites and treatment of software development costs. The difference is that, here, there is a clear economic benefit and intention of direct sales. Thus aside from the planning stage we should be looking to capitalise on the balance sheet more