Clean It Up
UK Window Cleaning Forum => Window Cleaning Forum => Topic started by: Blue Frog Systems on January 09, 2010, 07:55:25 am
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My wife spoke to our accountant yesterday regarding us selling our round up due to moving away.
I found this out and thought I'd share with you guys as I know this topic has been covered before and people had different ideas regarding it.
If you sell a round it is classed as capital gains.
You can claim £10,100 tax free per year, per person.
Eg. My wife and I are in a partnership, so we can claim up to £10,100 each.
This will also work for any vans / equipment that you may sell.
Thought I would share what it stands at the moment.
JP