Clean It Up

UK Window Cleaning Forum => Window Cleaning Forum => Topic started by: Lee GLS on January 25, 2011, 08:58:37 pm

Title: Taxation
Post by: Lee GLS on January 25, 2011, 08:58:37 pm

There is a topic on another forum about capital allowance tax, I know that if you claim for the cost of your van it goes down as a capital allowance, but what about you ego equipment, your system ect? I thought this just went down as an expence, not a capital allowance, some of the guys on the other forum are putting it down as a capital allowance.

Does anyone know?

Title: Re: Taxation
Post by: steve freeman on January 25, 2011, 09:05:19 pm

Not a clue here i pay an accountant so i dont have the headache £250 worth her weight in gold

Title: Re: Taxation
Post by: dave0123 on January 26, 2011, 12:07:12 pm

anything that lasts over a year is capital expenses