First Previous - Page 1 of 1 - Next Last

Sole Trader Van Purchase

  • Member PM.Dip
  • Practice Licence
  • 1 post
  • # 122123

Hi

Can a sole Trader claim the whole cost of his van purchase in his self assesment in one year - and does it go under Capital Allowances?

Thanks in advance !!

Anne

  • Member
  • Practice Licence
  • 15 posts
  • # 122124

Hi Anne

If it qualifies as a van (not a car) then yes you can claim the full amount in Year 1 as annual investment allowance.

 

Terry

 

First Previous - Page 1 of 1 - Next Last
bottomBanner
loading