I understand that a website where I sell goods is treated as a shop window by HMRC and therefore the cost of constructing it is treated as an asset and the cost of ongoing maintenance / updating is treated as a business cost.
However… I use wix and created (and will maintain) the website myself for a yearly subscription fee for their service. Any ideas how this should be split? I spent £150 on a three year sub (£50 a year). I’m looking for any guidance on how this amount should be split between web site build (asset cost) and web site maintenance (expense cost). Any rules of thumb?
Additionally, could I just put the whole £150 subscription cost under software licensing and treat it as a business cost? Even though it’s related to a potential asset (the website)?