Clean It Up

UK Window Cleaning Forum => Window Cleaning Forum => Topic started by: julianbiggs on January 23, 2008, 07:59:49 am

Title: Tax return- capital gains - van
Post by: julianbiggs on January 23, 2008, 07:59:49 am

Just doing my tax return. One thing I can't seem to get a straight answer on.

I bought a van last year and I know I can write some of it off as capital goods. In the first year what is the percentage I can write off.

Title: Re: Tax return- capital gains - van
Post by: Alex Gardiner on January 23, 2008, 08:02:21 am

40% maximum first year. 25% maximum subsequent years.

Title: Re: Tax return- capital gains - van
Post by: *Chris Browne on January 23, 2008, 09:34:41 am

Ask your accountant is the easiest way to find out, they should be able to tell you. :)

Chris