Clean It Up
UK Window Cleaning Forum => Window Cleaning Forum => Topic started by: CF Facilities on April 04, 2014, 09:19:26 am
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Bought a second hand van last year and claimed fo rtax relief on self assessment as Annual Investment Allowance of 100%. If I change my van this year what happens? Can I claim 100% again or do I deduct my old vans value from new cost and claim 100% on difference?
Also according to the rules I can only claim for a van but does a Nissan navara truck count as a car or van even if it is used for business with a tiny amount of private us?
Thanks
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I was told by the receiver of revenue to write the value off of my Suzuki Carry Van as it was worth less than £1000.00. But I would have to pay tax on the value I sold it for.
I would presume the same thing would happen in this instance. Each vehicle would be treated as a seperate case.
Not sure about the current truck status, but a while back a 2 door pickup, a 2 door pickup with a small space behind the rear seats (Kingcab) and a van were all treated as commercial vehicles. A 4 door pickup was once treated as a commercial vehicle but that changed to car status with different tax implications.