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Capital allowances in tax return
polgara
Posts: 500 Forumite
Hi - due to health reasons our business activity took a hit last financial year so we had to make the decision to stop using our accountant so this is the first year that we’ve filled in the self assessment form (for partner). I’ve pretty much got my head around everything including annual capital allowance. However we did sell the business van (needs must) and I’m at a loss how to account for that. The help sheets just confuse me - can anyone help?
Oh, we have an extension until 15th so need to sort ASAP.
Oh, we have an extension until 15th so need to sort ASAP.
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Comments
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What was the WDV of the van. How much dis you sell it for?0
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Previous year it was 1090.68 and we sold it for £13500
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